3414-26 Mascher St Philadelphia, PA 19140

Prime Kensington location offering a 1,650 square foot retail property on a 0.14-acre lot, with a permitted RM-1 zoning. This fee-simple property, built in 1935, presents a unique opportunity for redevelopment. The zoning allows for the construction of 13 new apartment units, a significant advantage given the property's location in a dense residential area. Situated within half a mile of St. Christopher's Hospital for Children and 1.5 miles from Temple University Hospital and Temple University, the property benefits from proximity to major employers in the Philadelphia MSA. Its location two blocks north of Allegheny Avenue, a major retail corridor with national retailers like Save-A-Lot, KFC, and Family Dollar, ensures high visibility and potential for strong tenant demand. Convenient access to public transportation is provided by the nearby Allegheny Station on the SEPTA Market Frankford Line, connecting to Center City Philadelphia and surrounding suburbs. Furthermore, the property offers easy access to Interstates 95, 76, and 676 via Allegheny Avenue and Route 1, providing excellent connectivity throughout the Philadelphia MSA. The total site area encompasses 6,076 square feet. The asking price is $400,000, with a price per square foot of $242.42. The property's APN is 777261100.