Remarks

Incredible investment opportunity in the Norris Square neighborhood, located directly in the path of developement along N 2nd St. and just two blocks from Fishtown. This neighborhood is the next to take off with a thriving community, proximity to Norris Square park (a public park larger then Rittenhouse Square) and a block from the American Ave coridor that is receiving millions in funding for street scape impovemenst and large scale development projects. This 3 story warehouse has concrete flooring on the first floor and wood flooring and timber beems on the upper floors. Abutting three streets including Palthorp, Norris and 2nd street, it has the option for off street parking accessed from Norris with an extra large roll up garage door with a possible 8 car parking. With the CMX2 zoning you can built up to 5 floors with a total of 36 residential units and commerical with the added green roof and affordable unit bonus, or renovate the building and create true loft units for a possible 21 residential units plus commerical. The zoning alos allows for a multitude of business ideas or use for storage.

Details

MLS#: PAPH2364802
Price: $1,495,000

Year Built: 1930

County: PHILADELPHIA
Subdivision: South Kensington
Tax Fee: 6913.0