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325-331 Bainbridge St
Philadelphia, PA 19147
Pennsport Athletic Club · Retail Property For Sale

Executive Summary

Rare Queen Village CMX-2 Development Assemblage | Bainbridge to Kater Exceptional CMX-2 zoned development opportunity in the heart of Queen Village. This offering includes four contiguous parcels spanning from Bainbridge Street through to Kater Street, creating a rare block-through assemblage in one of Philadelphia’s most desirable and supply-constrained neighborhoods. The property is approximately 22,000+ sq ft two-story structure and includes a private rear parking lot with access from Kater Street, providing valuable flexibility for future site planning, parking, or service access. The existing building presents an ideal full gut renovation or redevelopment opportunity, allowing developers to reimagine the site through adaptive reuse or new construction. CMX-2 zoning supports a variety of potential uses including mixed-use residential, multifamily, retail, boutique hospitality, or institutional uses, subject to buyer due diligence. Property Highlights • CMX-2 zoning • Four contiguous parcels included in the sale • Approx. 22,000+ sq ft existing structure • Block-through site from Bainbridge Street to Kater Street • Private rear parking lot with Kater Street access • Prime Queen Village location surrounded by strong residential demand, dining, and retail Property is being sold as-is. Buyer responsible for verifying zoning, permitted uses, density, and development potential. Large assembled development sites of this scale in Queen Village rarely become available.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Health Club
Building Size
22,000 SF
Building Class
C
Year Built
1981
Price
$3,850,000
Price Per SF
$175
Tenancy
Single
Building Height
2 Stories
Building FAR
2.30
Lot Size
0.22 AC
Zoning
CMX-2 - CMX-2
Parking
4 Spaces (0.18 Spaces per 1,000 SF Leased)
Frontage
70’ on Bainbridge St

Property Taxes

Property Taxes

Parcel Number
882000260
Land Assessment
$443,000
Improvements Assessment
$1,772,400
Total Assessment
$2,215,400
  • Listing ID: 41421606

  • Date on Market: 7/24/2026

  • Last Updated:

  • Address: 325-331 Bainbridge St, Philadelphia, PA 19147

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