Address
2400 Kensington Avenue # 100, Philadelphia, PA
Price
$ 11,667
Property Attributes
- MLS#PAPH832616
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19125
- NeighborhoodEast Kensington
- Zip19125
- StyleSupermarket/Grocery Store,/General Retail,Flex
- Price$ 11,667
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14000
- Lot Size0.16 Acres
Data Source:
Bright MLS
Property Description
COMMERCIAL RETAIL ENTREPRENEUR ALERT: This ground-level space is a strategic corner location steps from the train to Center City and sits in the center of massive nearby residential development. The first-floor space is capped with a tall 11.5' ceiling throughout. A 1,000 SF basement holds mechanicals. Historically this building has been used as a grocery. It presently offers a large 'walk-in' for refrigeration and a deli area with a superb high-capacity pizza hearth. Today this space works nicely as a redefined modern grocery, market, pharmacy, or foodservice commissary. The space also works nicely as an expansive corner department store. Let your imagination go to work to create a great retail model to serve the skyrocketing residential growth and development of the creative culture unfolding nearby. The building sits strategically one hundred feet from the York Street high-speed transit terminal to Center City. ||| This opportunity is 7,000 SF of open, expansive retail space available for immediate lease: 5-10 year negotiable lease, NNN. Single Tenant. No Sublease. The tenant is responsible for their buildout. NNN is approximately $0.185/SF/Month or $15,400 per year: 50% of property tax, insurance, water-sewer. Tenant pays all utilities, U&O, trash, and snow removal.
| Price History | |
|---|---|
| 9/12/2019 | Listed $154,000 |
| 1/30/2020 | 92% - $12,500 |
| 7/6/2021 | 7% - $11,667 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Utilities | Electric Available,Multiple Phone Lines,Natural Gas Available,Sewer Available,Water Available |
| Roof | Rubber |
| Zoning | CMX2 |
| Construction Materials | Masonry |
| Year Built | 1900 |
| Electric | 440 Volts,3 Phases |
| Tenant Pays | Taxes,Insurance,Water,Sewer,Utilities - All,Trash Removal,Snow Removal |
| Unit Number | 100 |
| Property SubType | Retail |
| Current Use | Food & Beverage,Convenience Store |
| Business Type | Supermarket/Grocery Store,Other/General Retail,Flex,Other |
| Accessibility | Level Entry - Main,No Stairs |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Lease |
| Subdivision Name | EAST KENSINGTON |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Corner: FRONT-YORK-KENSINGTON |
| ModificationTimestamp | 2024-02-18T15:37:19 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| Zoning Description | Commercial Retail // Creative Office Space // Event Space |
| Total Units | 2 |
| MLS Area | 19125 (19125) |
| Lot Size Square Feet | 6804.00 |
| Waterfront Y/N | No |
| Street Name | KENSINGTON |
| Property Condition | Average |
| Ok to Lease | 60 Months |
| Price Per Sq Ft | 1.67 |
| Leasable Area | 7000 |
| Vacation Rental Y/N | No |
| Availability Date | 2021-08-31 |
| Days on Market | 1693 |
| Location Type | Urban |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Yearly Rent |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Concrete |
| Hot Water | Natural Gas |
| Total Stories | 2 |
| Retail SQFT | 7000 |
| Office SQFT | 7000 |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
| Total Restrooms | 2 |
| Entry Level | 1 |
| Clear Span Ceiling Height | 10' to 12' |
Exterior Features
| Lot Features | Corner |
|---|---|
| Water Source | Public |
| Type of Parking | None |
| Land Use Code | AB0 |
| Water View Y/N | No |
| Building Area Total | 14000.00 |
| Lot Dimensions | 128.00 x 128.00 |
| Lot Size Acres | 0.16 |
| Road Frontage Length | 128 |
| Lot Size Units | Square Feet |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19125
Price
Visits
Year Built
Walkscore
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