For Sale
$9,000,000

2736 Frankford AvePhiladelphia, PA 19134

Prime Philadelphia Mixed-Use Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a rare assemblage of approximately 36 parcels totaling over 50,000 square feet of land on Frankford Avenue in Philadelphia, PA. The property, located on both sides of a vibrant city block, comprises a mix of beautifully renovated historic buildings and undeveloped land. The assemblage offers unmatched potential for growth, situated amidst thriving new developments and boasting a prime location on a bustling thoroughfare. The mixed-use zoning allows for a variety of development options, catering to both commercial and residential uses. The existing buildings provide immediate income-generating potential, while the vacant land offers significant expansion opportunities. This fee-simple ownership provides complete control and flexibility for future development plans. The property is offered at $9,000,000 with a net lease structure and multi-tenancy. This is a unique chance to acquire a substantial footprint on one of Philadelphia's most dynamic streets, capitalizing on the area's current momentum and shaping its future. The address encompasses the following numbers on Frankford Avenue: 2736, 2738, 2740, 2742, 2744, 2748, 2750, 2752, 2754, 2756-62, 2764; and East Side: 2743-45, 2747-49, 2751, 2753, 2755, 2757, 2759, 2761-65, 2767, 2769, 2771-73, 2775, 2777. Additionally, the assemblage includes properties on East Silver Street: 2014, 2018, 2022, and 2024. This significant land holding presents a compelling investment prospect for developers seeking to capitalize on Philadelphia's robust real estate market.

Highlights

  • $9,000,000 asking price.
  • Fee simple ownership of a 50,360 square foot assemblage.
  • Mixed-use property including industrial, land, and multifamily components.
  • Net lease, multi-tenant property located at 2736 Frankford Ave, Philadelphia, PA 19134.
  • Prime development opportunity encompassing approximately 36 parcels of mixed-zoned land with existing buildings.

Property Details for 2736 Frankford Ave

Property type
Mixed-use properties, Land
Square Feet
50,360 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.988128
Longitude
-75.121425
2736 Frankford Ave, Philadelphia, Pennsylvania

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2736 Frankford Ave
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