124 Venango StPhiladelphia, PA 19140

Property Details for 124 Venango St

Year built

1921

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.40 AC

Property size (Sq ft)

10,722 SF

Zone code

I2

Property type

Industrial properties

Property subtype

Refrigeration & cold storage

APN

88-4-3412-55

APU

884341255

Description

This exceptional industrial property at 124 W Venango Street in Philadelphia, Pennsylvania, presents a unique investment opportunity. The property encompasses approximately 17,000 square feet of land, including a +/- 11,000 square foot temperature-controlled building ideal for cold storage operations. The building features three freezer areas, one blast freezer, and two dry storage rooms, providing ample space for diverse storage needs. In addition to the extensive cold storage space, the property includes approximately 1,800 square feet of office space, complete with a breakroom and locker room for employee convenience. The site benefits from off-street gated parking, ensuring security and ease of access for both employees and clients. A significant advantage is the presence of a USDA office on-site, potentially streamlining regulatory processes for businesses requiring USDA compliance. Convenient tailgate loading further enhances operational efficiency. The asking price for this versatile and well-equipped property is $1,425,000. Located in Philadelphia County, PA, zip code 19140, this property offers a strategic location within the city. This is a rare opportunity to acquire a fully functional, temperature-controlled warehouse with significant office space and convenient amenities.

• Alternative Use

  Use

  Valuation

  Residential

  $2,330,959

  Hospitality

  $2,135,146

  Educational

  $1,776,416

  Medical

  $1,837,510

  Retail

  $2,763,314

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0042

Longitude

-75.1289

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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