1500-1514 5Th StPhiladelphia, PA 19122

For Sale
Call for price

Philadelphia Industrial Warehouse - Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional 35,428-square-foot warehouse presents a compelling redevelopment opportunity in Philadelphia's desirable Ole Kensington/Ludlow neighborhoods. Situated on a 0.68-acre corner lot at 1500-1514 North 5th Street, this property benefits from high visibility on a well-traveled thoroughfare. The building, constructed in 1950, features a single story with impressive ceiling heights ranging from 13.75' to 15.5' clear, and 16' to 17.5' to deck. Loading is facilitated by one interior tailgate, two drive-ins, and an interior loading platform. The property boasts 400-amp, 3-phase, 4-wire, 240/120 power and a dry sprinkler system. Zoned ICMX (Industrial Commercial Mixed-Use), this versatile property offers significant potential for various uses. Its prime location is enhanced by proximity to recreational amenities, including the Cruz Recreation Center and park, featuring a pool, playground, baseball field, and basketball courts. Convenient access to major transportation arteries is also a key advantage, with I-95 just 1.5 miles away and the Benjamin Franklin Bridge only 2 miles distant. Annual property taxes are $12,052. The APN is 88-4-5894-00, 88-4-5895-00. This is a rare chance to acquire a substantial warehouse in a rapidly developing area.

Highlights

  • 35,428 SF warehouse building.
  • 0.68-acre corner lot.
  • ICMX (Industrial Commercial Mixed-Use) zoning.
  • 1.5-story building, built in 1950.
  • Clear ceiling heights: 13.75' - 15.5'; deck heights: 16' - 17.5'.
  • Loading features: one interior tailgate, two drive-ins, and an interior loading platform.

Property Details for 1500-1514 5Th St

Property type
Other warehouses, Other industrial properties
Square Feet
35,428 SF
Class
C
Year Built
1950
Stories
1
Lot Size (sq. ft)
29,621 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9742218
Longitude
-75.1442156
1500-1514 5Th St, Philadelphia, Pennsylvania

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1500-1514 5Th St
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