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Industrial Building Just Off Route 1 4500 N 3rd St 39,060 SF 100% Leased Industrial Building Philadelphia, PA 19140 $1,700,000 ($43.52/SF)



Investment Highlights
- The property is located in the Feltonville neighborhood of North Philadelphia.
- 5 minutes to Roosevelt Boulevard (Rte 1).
- Industrial conveyor belt system from 1st floor to 2nd floor
- The building stretches from N. Third Street, to N. Orianna Street, and W. Wingohocking Street to W. Annsbury Street.
- One freight elevator with capacity of 7,500 lbs
Executive Summary
Rare opportunity to purchase a 39,060 square feet, two-story warehouse which encompasses a complete city block. The property is located in the Feltonville neighborhood of North Philadelphia, with an address of 4500-4520 N Third Street, Philadelphia, PA 19140. The building stretches from N. Third Street, to N. Orianna Street, and W. Wingohocking Street to W. Annsbury Street. The owner has closed his Tri-State Paper Co. business which occupied the property, and will deliver the building empty of inventory at Settlement.
Property Facts Under Contract
| Price | $1,700,000 | Rentable Building Area | 39,060 SF |
| Price Per SF | $43.52 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1946 |
| Property Type | Industrial | Parking Ratio | 0.28/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.52 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | ICMX - ICMX-Industrial, Commercial, Mixed-Use. | ||
| Price | $1,700,000 |
| Price Per SF | $43.52 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.52 AC |
| Rentable Building Area | 39,060 SF |
| No. Stories | 2 |
| Year Built | 1946 |
| Parking Ratio | 0.28/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | ICMX - ICMX-Industrial, Commercial, Mixed-Use. |
Utilities
- Water - City
- Sewer - City
- Heating - Oil (Steam)
1 1
Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | 884813900 | Improvements Assessment | $1,045,660 |
| Land Assessment | $448,140 | Total Assessment | $1,493,800 |
Property Taxes
Parcel Number
884813900
Land Assessment
$448,140
Improvements Assessment
$1,045,660
Total Assessment
$1,493,800
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Contact the Sale Advisor
Industrial Building Just Off Route 1 | 4500 N 3rd St
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