2314 N American St, Philadelphia, PA 19133

$4,500,000

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List Price
$4,500,000
Status
ACTIVE
Days on Market
72
MLS#
PAPH2645248
Year Built
1930
Lot Size
26,571
Acres
0.61
MLS Area Major
19133 (19133)

Property Description

2314-56 N American St., Philadelphia, PA 19133 Exceptional Development Opportunity! Rare 0.91±-acre corner parcel in Philadelphia's rapidly transforming West Kensington/North Philadelphia East corridor. Strategically located at the highly visible intersection of N. American Street and W. York Street, this CMX-zoned property offers outstanding flexibility for a wide range of commercial, industrial, mixed-use, warehouse, or redevelopment projects (subject to zoning and approvals). The site includes fully approved plans for a four-story, approximately 101,312 SF self-storage facility with accessory office space and on-site parking, allowing a developer to move forward with minimal entitlement risk. Situated within a Qualified Opportunity Zone, the property may provide significant tax advantages for eligible investors. Convenient access to I-95, Center City Philadelphia, and major transportation routes makes this an ideal location for future development. Surrounded by ongoing residential and commercial growth, this is a rare opportunity to acquire a shovel-ready development site in one of Philadelphia's fastest-growing neighborhoods. Buyer is responsible for verifying all zoning, approvals, permits, and intended uses.

Additional Information

Taxes
$2,417
Zoning
ICMX
Heating
None
Air Conditioning
None
School District
Philadelphia City

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Listing courtesy of Coldwell Banker Realty. Contact: (856) 235-0101