For Sale
$799,999

4224 Penn StPhiladelphia, PA 19124

5,000 SF Warehouse, Two Units, Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This Philadelphia industrial property at 4224 Penn St, 19124 offers a compelling investment and/or owner-user opportunity. The 5,000 square foot warehouse building, constructed in 1960, features two drive-in units, each approximately 2,600 square feet, currently configured for manufacturing. The property presents a dual-use scenario: operate both units for your business or lease them individually for added income. The building sits on a sizable 15,304 square foot lot zoned ICMX, providing significant development potential. This zoning allows for expansion of the existing warehouse, creation of additional parking, or other permitted uses, making this a versatile property for a discerning buyer. The single-story building is situated in Philadelphia County, Pennsylvania. The asking price is $799,999, and the lease type is NNN (Net, Net, Net). This multi-tenant property presents a rare blend of immediate income potential and long-term development upside. Serious inquiries are encouraged.

Highlights

  • $799,999 asking price.
  • 5,000 square foot warehouse in Philadelphia, PA.
  • Two units, each approximately 2,600 square feet.
  • 15,304 square foot lot with ICMX zoning, offering development potential.
  • Built in 1960, single-story building.
  • NNN lease type, multi-tenant occupancy.

Property Details for 4224 Penn St

Property type
Warehouses, Industrial properties
Square Feet
5,000 SF
Year Built
1960
Buildings
1
Stories
1
Units
2

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0103679
Longitude
-75.0923455
4224 Penn St, Philadelphia, Pennsylvania

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4224 Penn St
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