1501 Unity StPhiladelphia, PA 19124

This exceptional investment opportunity presents a 312,539-square-foot industrial property located at 1501 Unity Street, Philadelphia, PA 19124. The property, comprised of three buildings across four stories, offers a compelling value-add proposition. Currently configured as a distribution and storage warehouse, the building features nine loading docks, 13' to 16' ceiling heights, and seven heavy-load elevators. The property boasts significant power infrastructure (up to 16 MW) and a recently updated dry fire suppression system. Situated on 2.18 acres, the property includes ample off-street parking with expansion potential. Its strategic location, one mile from I-95 and one block from public transportation, ensures excellent accessibility to major transportation arteries and the surrounding metropolitan area. The I-2 zoning permits a wide range of uses, including manufacturing, distribution, research & development, wholesale, and storage. The property also includes three additional contiguous parcels totaling approximately 29,390 square feet, two of which feature existing retail structures with short-term leases. These parcels are zoned CMX-2, allowing for various commercial uses. The asking price for the entire portfolio is $11,625,000, representing a significant discount to replacement cost. The existing tenant's operations are also available for acquisition. This property presents a rare opportunity to acquire a substantial industrial asset in a high-demand market with significant upside potential.