For Sale
$15,000,000

2509-2537 Broad St Philadelphia, PA 19132

98,000 SF Warehouse, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional industrial property, located at 2509-2537 N Broad Street in Philadelphia, Pennsylvania, offers 97,905 square feet on a 3.18-acre lot. The property boasts prime visibility with direct frontage on Broad Street (approximately 110 feet) and Cumberland Street (approximately 106 feet). Currently zoned CMX-3/I-2 (Commercial Mixed Use/Industrial) by the City of Philadelphia, it benefits from existing approvals for the construction of 118 residential units. The site's strategic location provides immediate access to the North Broad Street train station. Further enhancing its appeal, this property is situated within a Qualified Opportunity Zone (QOZ), and the potential exists for utilizing historically preserved tax credits for a portion of the site. Detailed environmental reports and surveys are available upon request for qualified buyers. The estimated 2023 property taxes are $40,069. The owner is open to considering the sale of each building individually. This presents a unique opportunity for investors seeking a high-profile location with significant development potential.

Highlights

  • 97,905 SF on a 3.18-acre lot.
  • Prime visibility: 110' frontage on Broad St, 106' on Cumberland St.
  • Located in a Qualified Opportunity Zone (QOZ).
  • Approved for 118 residential units.
  • Potential for historic tax credits.
  • CMX-3/I-2 zoning (Commercial Mixed Use/Industrial).

Property Details for 2509-2537 Broad St

Property type
Warehouses, Industrial properties
Square Feet
97,905 SF
Lot Size (sq. ft)
138,521 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9911997
Longitude
-75.1545153

FAQs

What type of property is this?
Warehouse - 98,000 SF Warehouse, Prime Location
Where is the warehouse located?
The property is located at 2509-2537 Broad St Philadelphia, PA.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: 97,905 SF on a 3.18-acre lot.; Prime visibility: 110' frontage on Broad St, 106' on Cumberland St.; Located in a Qualified Opportunity Zone (QOZ).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2509-2537 Broad St
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