ASSEMBLAGE: $7.0M combined. This parcel’s price is an allocation, not a reduction. PHYSICAL FEATURES NOT VERIFIED BY PARCEL: Disregard the unit entries, unit occupancy labels, loading-dock, leveler, drive-in-door and parking counts shown in the structured MLS fields. These are unverified legacy entries and are not a representation that this parcel independently contains those features or quantities. No combined assemblage count is confirmed. Verify counts and allocation by survey, site inspection and seller documentation. Rare ±1.87-acre redevelopment opportunity in Philadelphia’s Frankford-Lehigh / East Kensington corridor. The 1801–1841 E. Lehigh Avenue assemblage consists of two adjacent, separately deeded industrial parcels totaling approximately 81,421 SF of land with approximately 26,979 SF of existing improvements. Current ICMX zoning provides flexibility for a range of commercial and industrial uses, including warehouse, storage, flex-industrial and other compatible uses, subject to buyer verification with the City of Philadelphia and L&I. The site offers substantial E. Lehigh Avenue frontage, strong urban infill positioning and multiple redevelopment possibilities. Potential uses may include continued industrial/commercial operation, self-storage, warehouse or flex redevelopment, as well as longer-term mixed-use or residential redevelopment opportunities subject to zoning relief, entitlements and all required governmental approvals. Located near the Frankford Avenue redevelopment corridor, the property may appeal to developers, owner-users, self-storage operators, industrial investors and land investors seeking a sizable assemblage with multiple potential value-creation strategies. Offered as part of the 1801–1841 E. Lehigh Avenue assemblage. Seller’s combined asking price for both parcels is $7,000,000, with a preference to sell the properties together. Any individual parcel listing price represents an allocation of the combined asking price and should not be interpreted as an indication that Seller will sell either parcel separately. All information is deemed reliable but is not guaranteed. Buyer is responsible for independently verifying all pertinent property information, including zoning, acreage, building area, environmental conditions, permitted uses, utilities, access, development feasibility and all other due-diligence matters.

Listing courtesy of Mercury Real Estate Group



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.