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2901-2927 N 20th St 43,032 SF 49% Leased Industrial Building Philadelphia, PA 19132 $4,500,000 ($104.57/SF)
Investment Highlights
- Over 40,000 square foot industrial warehouse available for owner occupant or new tenant to lease and provide income.
- Situated on 1.61 acres with roll up garage doors on multiple sides for an easy transport hub.
- Features fenced-in parking spaces, high ceiling clearance, and convenient access to Route 611.
- Drive-in dock optional with a multi-year lease or under new ownership.
Executive Summary
Located in the vibrant city of Philadelphia, the industrial property at 2901-2927 N 20th St offers a strategic opportunity for a new owner or business looking to capitalize on the city's dynamic environment. This 43,032 SF masonry-constructed warehouse, built in 1925, presents a unique combination of features ideal for shipping or transport businesses to occupy the space or new ownership to lease too. It boasts a clear height of 24’ and includes four drive-in bays, enhancing operational efficiency. The facility's location provides convenient access to Route 611 and public transportation, ensuring seamless connectivity. Additionally, the fenced-in parking space and yard storage add to the security and functionality of the premises. Philadelphia's thriving business community, rich cultural heritage, and strong demographic profile make it an attractive location for investment. The property's proximity to major transport hubs, including airports and harbors, further enhances its appeal. With 50 standard parking spaces, the warehouse caters to both customer and employee needs, ensuring a smooth business operation. The entire building is vacant and available for immediate occupancy or a lease.
Property Facts
| Price | $4,500,000 | Rentable Building Area | 43,032 SF |
| Price Per SF | $104.57 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1925 |
| Property Type | Industrial | Parking Ratio | 1.16/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 1.61 AC | Opportunity Zone |
Yes
|
| Zoning | I1 - Industrial | ||
| Price | $4,500,000 |
| Price Per SF | $104.57 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.61 AC |
| Rentable Building Area | 43,032 SF |
| No. Stories | 1 |
| Year Built | 1925 |
| Parking Ratio | 1.16/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | I1 - Industrial |
Amenities
- Courtyard
- Fenced Lot
- Front Loading
- Yard
- Storage Space
Utilities
- Lighting
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Located on the NE corner of 20th and Indiana Avenue, the property comprises a 43,032 square feet industrial building situated on 74,860 square feet of land.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 22,000 SF | Industrial | Shell Space | Now |
1st Floor
| Size |
| 22,000 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 22,000 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
Located on the NE corner of 20th and Indiana Avenue, the property comprises a 43,032 square feet industrial building situated on 74,860 square feet of land.
Transit Score®
Excellent Transit (77)
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Philadelphia
1,584,138
2
0 h 5 m
New York
8,398,748
93
2 h 8 m
Washington
702,455
142
3 h 5 m
Boston
694,583
304
6 h 23 m
Columbus
892,533
473
9 h 9 m
Charlotte
872,498
541
10 h 44 m
Access and Labor Force
10 Miles
Total Population
2,271,624
Total Labor Force
1,150,450
Unemployment Rate
4.51%
Median Household Income
$61,996
Warehouse Employees
138,852
High School Education Or Higher
88.90%
Property Taxes
| Parcel Number | 884557900 | Improvements Assessment | $692,790 |
| Land Assessment | $296,910 | Total Assessment | $989,700 |
Property Taxes
Parcel Number
884557900
Land Assessment
$296,910
Improvements Assessment
$692,790
Total Assessment
$989,700
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2901-2927 N 20th St
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