Philadelphia Industrial Property For
6123 W PASSYUNK AVENUE Philadelphia, PA 19153
For Sale
$4,500,000
1.4-acre industrial property with 8,160 SF flex/warehouse building.
Property Size8,160 SF
Lot Size1.38 Acres
Price / SF$551.47
Days on Market638
Property Features for 6123 W PASSYUNK AVENUE
General Information
Standard status
Active
Size
8,160 SF
Lot size
1.38 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1960
Listing Agency:
Compass RE
(610) 999-4090
Listed By:
Adam J. Baldwin · License #RS337689
(610) 999-4090
Source:
Exitrealty
Added: Oct 30, 2024
Changed: Jul 10
Last Checked: Jul 26 at 8:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass RE
Investment Insights
Based on property information with market context.
This 1.4-acre industrial property is located in a growing area of the Philadelphia industrial market. The property includes an 8,160 square foot flex/warehouse building and is zoned I-3. The location offers convenient access to major transportation routes, including I-76, I-95, and Philadelphia International Airport. The Philadelphia Navy Yard complex is 10 minutes away. The property has direct access from both W. Passyunk Ave and S. 61st St, with high visibility. The multi-tenant property is configured for both rental income and owner use, with a mix of month-to-month tenants and owner-occupied spaces. The main building includes a front office, two drive-in entrances with roll-up doors, and a spacious garage and warehouse with sixteen feet clear-height ceilings. The property also features two apartments, a rear garage and warehouse, and a detached four-car garage. Recent upgrades include newly coated roofs and replaced Central A/C and heating systems. There are three electric service meters, one being 3-phase, and the property includes two 80-gallon water heaters. It is equipped with an in-ground lift operated by air compressor, three above-ground lifts (approx. 11,000 lb capacity), and three floating I- beam rail hoists (with capacities ranging from 30-40 tons). Two mobile trailer offices are included in the sale. The property generates over $28.5k per month in rent with an additional $16.5k per month attainable from currently owner occupied space and the potential to generate approximately $59k per month upon fully utilizing the property and bringing each space to market rate.
Key Highlights
- Prime location in surging Philadelphia industrial market with easy access to major transportation hubs.
- Significant income potential: currently generates $28.5k/month in rent, with potential to reach $59k/month upon full utilization.
- Large 1.4‑acre property with I‑3 zoning and an 8,160 sq ft flex/warehouse building suitable for varied industrial uses.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - 1.4-acre industrial property with 8,160 SF flex/warehouse building.
Where is this flex space located?
The property is located at 6123 W PASSYUNK AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime location in surging Philadelphia industrial market with easy access to major transportation hubs.; Significant income potential: currently generates $28.5k/month in rent, with potential to reach $59k/month upon full utilization.; Large 1.4‑acre property with I‑3 zoning and an 8,160 sq ft flex/warehouse building suitable for varied industrial uses.
