Industrial Redevelopment Opportunity Available For Sale

2500-26 North American Street Philadelphia, PA 19133

FOR SALE
Property Type:
Warehouse
FOR SALE
Amount:
Please Call Broker for Price

Last Verified:
Oct 08, 2019

Highlights

  • ICMX Zoning
  • $7,929.87 in Estimated 2018 Taxes
  • Use Regulations: Limited Industrial, Research and Development, Warehouse, Wholesale Sales and Distribution, Moving and Storage Facilities, Equipment and Material Storage, Vehicle Fueling Station, Etc.
  • The property is served by SEPTA Bus Routes 57, 39 (which stop adjacent to the property) and the Huntingdon Station of the Market Frankford Line.

Description

1.17 acre redevelopment opportunity along the N. American Street Corridor in Olde Kensington. Strategically in Philadelphia’s Olde Kensington neighborhood along the American Street Industrial Corridor, providing easy access to I-95, I-676, bridges to New Jersey and Center City Philadelphia.

Strategically in Philadelphia’s Olde Kensington neighborhood along the American Street Industrial Corridor, providing easy access to I-95, I-676, bridges to New Jersey and Center City Philadelphia.

Building Size: 0.0sq ft
Lot Size: 1.17 acres

Map of 2500-26 North American Street, Philadelphia, PA, 19133

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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.