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Listed by Joe Diana • Mercury Real Estate Group
$4,650,000
Est. payment /mo
1.24 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2659314
Year Built 1900
Annual Tax Amount $8,529
Tax Year 2026
Lot Size 1.240 Acres
Acres 1.24
Lot Dimensions 543.00 x 100.00
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
ASSEMBLAGE: $7.0M combined. This parcel's price is an allocation, not a reduction.
PHYSICAL FEATURES NOT VERIFIED BY PARCEL: Disregard the unit entries, unit occupancy labels, loading-dock, leveler, drive-in-door and parking counts shown in the structured MLS fields. These are unverified legacy entries and are not a representation that this parcel independently contains those features or quantities. No combined assemblage count is confirmed. Verify counts and allocation by survey, site inspection and seller documentation.
Rare ±1.87-acre redevelopment opportunity in Philadelphia's Frankford-Lehigh / East Kensington corridor. The 1801–1841 E. Lehigh Avenue assemblage consists of two adjacent, separately deeded industrial parcels totaling approximately 81,421 SF of land with approximately 26,979 SF of existing improvements.
Current ICMX zoning provides flexibility for a range of commercial and industrial uses, including warehouse, storage, flex-industrial and other compatible uses, subject to buyer verification with the City of Philadelphia and L&I. The site offers substantial E. Lehigh Avenue frontage, strong urban infill positioning and multiple redevelopment possibilities.
Potential uses may include continued industrial/commercial operation, self-storage, warehouse or flex redevelopment, as well as longer-term mixed-use or residential redevelopment opportunities subject to zoning relief, entitlements and all required governmental approvals.
Located near the Frankford Avenue redevelopment corridor, the property may appeal to developers, owner-users, self-storage operators, industrial investors and land investors seeking a sizable assemblage with multiple potential value-creation strategies.
Offered as part of the 1801–1841 E. Lehigh Avenue assemblage. Seller's combined asking price for both parcels is $7,000,000, with a preference to sell the properties together. Any individual parcel listing price represents an allocation of the combined asking price and should not be interpreted as an indication that Seller will sell either parcel separately.
All information is deemed reliable but is not guaranteed. Buyer is responsible for independently verifying all pertinent property information, including zoning, acreage, building area, environmental conditions, permitted uses, utilities, access, development feasibility and all other due-diligence matters.
PHYSICAL FEATURES NOT VERIFIED BY PARCEL: Disregard the unit entries, unit occupancy labels, loading-dock, leveler, drive-in-door and parking counts shown in the structured MLS fields. These are unverified legacy entries and are not a representation that this parcel independently contains those features or quantities. No combined assemblage count is confirmed. Verify counts and allocation by survey, site inspection and seller documentation.
Rare ±1.87-acre redevelopment opportunity in Philadelphia's Frankford-Lehigh / East Kensington corridor. The 1801–1841 E. Lehigh Avenue assemblage consists of two adjacent, separately deeded industrial parcels totaling approximately 81,421 SF of land with approximately 26,979 SF of existing improvements.
Current ICMX zoning provides flexibility for a range of commercial and industrial uses, including warehouse, storage, flex-industrial and other compatible uses, subject to buyer verification with the City of Philadelphia and L&I. The site offers substantial E. Lehigh Avenue frontage, strong urban infill positioning and multiple redevelopment possibilities.
Potential uses may include continued industrial/commercial operation, self-storage, warehouse or flex redevelopment, as well as longer-term mixed-use or residential redevelopment opportunities subject to zoning relief, entitlements and all required governmental approvals.
Located near the Frankford Avenue redevelopment corridor, the property may appeal to developers, owner-users, self-storage operators, industrial investors and land investors seeking a sizable assemblage with multiple potential value-creation strategies.
Offered as part of the 1801–1841 E. Lehigh Avenue assemblage. Seller's combined asking price for both parcels is $7,000,000, with a preference to sell the properties together. Any individual parcel listing price represents an allocation of the combined asking price and should not be interpreted as an indication that Seller will sell either parcel separately.
All information is deemed reliable but is not guaranteed. Buyer is responsible for independently verifying all pertinent property information, including zoning, acreage, building area, environmental conditions, permitted uses, utilities, access, development feasibility and all other due-diligence matters.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning ICMX
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 19.0
Water Access N
Accessibility None
Total Parking Spaces 19
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 884346920
Ownership Fee Simple
Special Listing Condition Standard
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