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Investment Highlights

  • 43,032-SF industrial building available for sale, featuring 24-foot clear height, multiple drive-in bays, and secure fenced parking and yard space.
  • Benefit from robust multimodal logistics infrastructure, including major highways, Philadelphia International Airport, and the Port of Philadelphia.
  • Fenced yard provides readily available space for outdoor storage, fleet staging, and efficient operations while enhancing site security and control.
  • Situated in N Philadelphia, this site offers connections to Route 611, nearby SEPTA transit, and on-site parking for staff, fleets, and visitors.
  • With access to freight infrastructure and major transportation corridors, the property is well-positioned for logistics and distribution operations.

Executive Summary

In the vibrant Philadelphia neighborhood of Allegheny West, 2901-2927 N 20th Street presents a compelling owner/user or investment opportunity within the city's established industrial corridor.

This 43,032-square-foot masonry warehouse, built in 1925, combines historic character with functional design well-suited for shipping and transportation operations. Offering 24-foot clear ceiling heights and five drive-in bays, the building is designed to support warehouse operational flow. A total of 50 standard parking spaces are located within the fenced-in yard, offering secure access for employees, fleet vehicles, and visitors.

Positioned at the northeast corner of 20th Street and Indiana Avenue, the site provides immediate access to Route 611 and nearby public transit, including the SEPTA Allegheny Station. The location is approximately 3.8 miles from Downtown Philadelphia, 14.6 miles from Philadelphia International Airport, and 4.8 miles from both the Port of Philadelphia and the Norfolk Southern Railway terminal, making it ideal for regional and national distribution.

Philadelphia's thriving business community, rich cultural heritage, and strong demographic profile make it an attractive location for investment. Northern Philadelphia supports a population of more than 216,000 individuals within a 2-mile radius, along with a daytime workforce of more than 68,500. Nearly 12% of local employment is concentrated in blue-collar industries, reinforcing the area's strength as an industrial labor market. With limited new industrial construction in the lower North Philadelphia submarket, 2901-2927 N 20th Street represents a rare opportunity to acquire a well-located industrial asset in a supply-constrained environment.

Property Facts

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
  • 1st Floor
  • 22,000 SF
  • Industrial
  • Shell Space
  • 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.

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
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

Property Taxes

Parcel Number
884557900
Land Assessment
$296,910
Improvements Assessment
$692,790
Total Assessment
$989,700
  • Listing ID: 28565915

  • Date on Market: 5/24/2023

  • Last Updated:

  • Address: 2901-2927 N 20th St, Philadelphia, PA 19132

Contact the Sale Advisor

2901-2927 N 20th St

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