MLS#PAPH2650514
STATUSACTIVE
PROPERTY TYPECommercial - Business
SUBDIVISIONOLDE KENSINGTON
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
A premier investment opportunity in the heart of Philadelphia’s rapidly transforming Olde Kensington neighborhood. This unique offering combines an existing warehouse/flex building with a substantial adjacent development parcel, creating exceptional flexibility for investors, developers, owner users, and value add buyers. Situated along the thriving American Street Corridor, the property encompasses approximately 10,500+ square feet of land and is zoned ICMX, allowing a broad range of industrial, commercial, mixed use, and redevelopment opportunities by right. Whether your vision is adaptive reuse, a mixed use residential project, creative office, showroom, light industrial, self storage, last mile distribution, or a long term land hold, this property offers the scale and versatility to bring your project to life. One of the property’s most significant advantages is its block to block configuration, extending from North American Street to Philip Street. This rare layout provides dual street frontage, enhanced visibility, improved access, and increased design flexibility for future development. Philip Street frontage creates the potential for separately addressed buildings or homes, subject to zoning and city approvals. The through lot configuration creates opportunities for multiple access points, phased development, separate residential or commercial entrances, loading and service access, and more efficient site planning.
Property Features
Property Type: Commercial - Business
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.13 Acres
Taxes: $7,183
Year Built: 1925
Feature Descriptions
Exterior: Masonry
Lot Dimensions: 0.13 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 10
Units: 5
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
1603 11 N American Street | MLS# PAPH2650514
This commercial property located at 1603 11 N American Street, Philadelphia, PA 19122 is currently listed for sale with an asking price of $1,500,000. 11 N American Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymarkllc.com today.