355 Price StPhiladelphia, PA 19144

Property Details for 355 Price St

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.42 AC

Property size (Sq ft)

2,399 SF

Zone code

ICMX

Property type

Industrial properties

Property subtype

Flex space

APN

88-4-2460-40

APU

884246040

Description

This exceptional 1.42-acre parcel in Philadelphia, Pennsylvania, presents a compelling investment opportunity for the development of a self-storage facility. Located at 355 E Price St, Philadelphia, PA 19144, this property is situated in a high-growth area with a population exceeding 300,000 within a three-mile radius. The site boasts a significant advantage: self-storage development is permitted, allowing for a building up to five stories. This zoning characteristic, combined with the current low self-storage space per capita (under 5 square feet within a five-mile radius), indicates a substantial unmet demand for storage solutions. The asking price is $1,199,000. The property's location within a Top 10 Metropolitan Statistical Area (MSA) and Philadelphia's robust economy further enhance its investment potential. The potential for a multi-story self-storage development promises significant returns, capitalizing on the area's limited storage options and growing population. This is a rare opportunity to acquire land zoned for a high-demand, high-return business in a thriving urban environment. The property is ideally suited for an investor seeking to develop a modern, multi-story self-storage facility to meet the increasing needs of the Philadelphia community.

• Alternative Use

  Use

  Valuation

  Residential

  $453,985

  Hospitality

  $415,847

  Educational

  $345,980

  Medical

  $357,879

  Retail

  $538,191

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0413

Longitude

-75.1714

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].