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3435 N 5th St 9,500 SF Vacant Industrial Building Philadelphia, PA 19140 $690,000 ($72.63/SF)
Investment Highlights
- Gated, secured yard with ample storage and additional yard available when combined with 3503 N Lawrence.
- Convenient central location near Route 1 providing access to I-95 for contractors and service providers.
- Accessible from two streets, N. Lawrence Street and 5th Street.
- Situated on a 0.63 acres with G2 zoning allowing for multiple uses if redeveloped by new owner.
Executive Summary
Excellent chance for an owner / user to build value in a redeveloping industrial corridor. This property is a single story dry storage building with 1,000 square feet of office space and shop bathrooms situated on over a half acre lot. The lot is electric steel gated and secured, with a paved and well-lit outside storage area. All utilities are connected to the site and usable. The building has access to 400A of power, features 20 feet of clear height, 40 feet column width, and a floor thickness of 8 inches. The property is located within a few minute drive of Route 1 and Route 611, providing access to Interstate 95 and the rest of the city's surrounding areas. It is located near several public transportation stops and the metro is a short walk away providing easy commutes.
Property Facts
| Price | $690,000 | Lot Size | 0.63 AC |
| Price Per SF | $72.63 | Rentable Building Area | 9,500 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1935 |
| Property Type | Industrial | Parking Ratio | 3.16/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Zoning | G2 - Industrial. Outside Storage | ||
| Price | $690,000 |
| Price Per SF | $72.63 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.63 AC |
| Rentable Building Area | 9,500 SF |
| No. Stories | 1 |
| Year Built | 1935 |
| Parking Ratio | 3.16/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | G2 - Industrial. Outside Storage |
Amenities
- 24 Hour Access
- Yard
- Fluorescent Lighting
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 884341197 | Improvements Assessment | $210,700 |
| Land Assessment | $90,300 | Total Assessment | $301,000 |
Property Taxes
Parcel Number
884341197
Land Assessment
$90,300
Improvements Assessment
$210,700
Total Assessment
$301,000
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3435 N 5th St