2187-91 Norris StPhiladelphia, PA 19125

For Sale
$1,250,000

Prime Fishtown location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional $1,250,000 mixed-use property at 2187-91 E Norris St in Philadelphia, PA (zip code 19125) presents a unique investment opportunity. Situated on an amazing corner lot just one block from Frankfurt Avenue and within a Federal Opportunity Zone, this building offers significant upside potential. The property currently features a multifamily component, specifically an apartment building, and retail space. The existing structure provides a solid foundation for various development scenarios. Imagine the possibilities: converting the existing space into a thriving mix of residential and commercial units, or even undertaking a complete redevelopment. The property includes over 20 parking spaces, conveniently accessed via two overhead drive-in bay doors, a significant advantage in this vibrant urban neighborhood. This prime location in Fishtown, known for its trendy atmosphere and strong rental demand, makes this a compelling investment for both experienced developers and savvy investors seeking a high-return opportunity. The existing building's layout and the ample parking provide a flexible platform for a variety of creative development plans. Don't miss this chance to acquire a property with immense potential in one of Philadelphia's most sought-after neighborhoods.

Highlights

  • $1,250,000 mixed-use property at 2187-91 E Norris St, Philadelphia, PA 19125.
  • Amazing corner lot in Fishtown, one block from Frankfurt Avenue, located in a Federal Opportunity Zone.
  • Over 20 parking spaces with two overhead drive-in bay doors.
  • Existing multifamily (apartment) and retail space; ideal for redevelopment or adaptive reuse.

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.978877013901
Longitude
-75.13092749033
2187-91 Norris St, Philadelphia, Pennsylvania

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2187-91 Norris St
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