2134 E Lippincott St 2,860 SF Industrial Building Philadelphia, PA 19134 $400,000 ($139.86/SF)

POTENTIAL DEVELOPMENT OPPORTUNITY: Corner Industrial Flex Property | Adaptive Reuse | Indoor Parking Conversion | Development Opportunity | Kensington / Port Richmond Philadelphia
Positioned in the heart of the rapidly transforming Kensington / Port Richmond corridor, this corner industrial flex building presents a compelling value-add and adaptive reuse opportunity for investors, developers, and owner-users. Constructed of brick and cinder block, the building features an approximate 55’ x 55’ footprint (±3,000 SF) with 12-foot ceilings and steel I-beam construction, offering the structural strength and clear span functionality sought after for industrial, storage, automotive, and redevelopment applications.
Currently utilized as a machine shop / welding facility, the property benefits from a legal non-conforming industrial use within an RSA-5 residential zoning district, allowing for continued light industrial, contractor, fabrication, or workshop operations while also creating a pathway for residential redevelopment or mixed-use conversion (subject to zoning approval and architectural plans).
The layout and ceiling height make this an ideal candidate for secured indoor parking, vehicle storage, contractor garage, warehouse, or last-mile distribution use. Investors will recognize the potential to reposition the asset through adaptive reuse strategies, including garage-to-residential conversion, vertical expansion, or live-work configurations.
Located on a highly visible corner with off-street parking, the property soon to be surrounded by new construction, residential infill, and ongoing neighborhood revitalization, driving long-term appreciation. Excellent access to I-95, Aramingo Avenue, Center City Philadelphia, and regional transportation corridors enhances both usability and future resale value.
A rare opportunity to acquire a flex industrial asset with redevelopment upside in one of Philadelphia’s most active growth markets. Ideal for developers, contractors, automotive users, and investors seeking strong potential returns.