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265 W Berks St 3.01 Acres of Commercial Land Offered at $10,975,000 in Philadelphia, PA 19122
INVESTMENT HIGHLIGHTS
- Nearly 500ft of frontage along N. American Street
- Potentially Divisible
- Running street to street and block to block, totaling over 3.2 acres
- Over 3.2 acres
- Berks train station proximity
- This parcel is located within the Qualified Opportunity Zone and the North American Street Overlay District
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $10,975,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.01 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | ICMX - Industrial commercial mixed-use | ||
| Price | $10,975,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.01 AC |
| Opportunity Zone |
Yes |
| Zoning | ICMX - Industrial commercial mixed-use |
1 LOT AVAILABLE
Lot
| Price | $10,975,000 | Lot Size | 3.01 AC |
| Price Per AC | $3,646,168.50 |
| Price | $10,975,000 |
| Price Per AC | $3,646,168.50 |
| Lot Size | 3.01 AC |
265-99 W. Berks Street is located in Olde Kensington, which is just off Rt. 95, northeast of Center City, and along the Delaware River.
DESCRIPTION
MSC is honored to be exclusively retained to bring this incredible property to market. This is a once in a generation opportunity for a lot this size to be found in such a prime location. Running street to street and block to block, totaling over 3.2 acres, with nearly 500 feet of frontage along the burgeoning N. American. These Riverward neighborhoods are some of the city’s most rapidly changing ones. New restaurants, bars, music venues, art galleries and residents are quickly transforming the makeup of these formerly working-class sections along the Delaware River. This parcel is located within the Qualified Opportunity Zone and the North American Street Overlay District
