2736 Frankford AvePhiladelphia, PA 19134

Property Details for 2736 Frankford Ave

Property size (Sq ft)

50,360 SF

Property type

Industrial properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9881

Longitude

-75.1214

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