1515 N 53rd Street, Philadelphia, PA, 19131

1515 N 53rd Street Philadelphia, PA 19131

Philadelphia
FOR SALE
Property Type:
Industrial
Amount:
$425,000
Last Verified:
Dec 07, 2023

Highlights

  • 3,614 SF on .2 Acres
  • CMX2 – Neighborhood Commercial Mixed Use – (City of Philadelphia)
  • Frontage – 53rd St - 113’ / Lansdowne Ave – 46’
  • One (1) drive-in door
  • Additional lot for potential expansion, parking, outdoor material storage etc.. (5208-10 Lansdowne Ave)
  • Taxes - $1,766 – Estimated 2023
  • The property is located in the heart of West Philadelphia, just off of highly traveled Lansdowne Avenue

Description

3,614 SF on .2 Acres - Industrial / Redevelopment Opportunity

The property is located in the heart of West Philadelphia, just off of highly traveled Lansdowne Avenue.

Building Size: 3614sq ft
Lot Size: 0.2 acres


Documents

1515 N 53rd Street-S

Map of 1515 N 53rd Street, Philadelphia, PA, 19131

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.