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Multi-Story Flex Space with Gated Parking
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401 E Allegheny Ave, Philadelphia, PA 19134

I-2 zoned multi-floor flex space with gated off-street parking and outdoor courtyard areas.

Property Size11,000 SF - 72,000 SF
Lot Size1.32 Acres
Days on Market493

Property Features for 401 E Allegheny Ave

General Information

Standard status Active
Size 11,000 SF - 72,000 SF
Net Rentable 11,000 SF
Lot size 1.32 Acres
Property subtype FLEX_R_AND_D
Zoning I-2

Space & Availability

Available Space 11,000-72,000 SF
Divisible Yes
Space Use Industrial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes
Clear Height 22 ft

Amenities

courtyard

Building Details

Buildings 1
Stories 3
Building Size 72,000 SF
Construction concrete
Listing Agency: MPN Realty, Inc.
Listed By: Nadia Bilynsky · License #RS311101
Source: Moodyscre
Added: Mar 26, 2025 Changed: Jul 29 Last Checked: Jul 30 at 2:32PM

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 MPN Realty, Inc.

Investment Insights

Based on property information with market context.

This multi-story flex space offers 72,000 +/- SF of industrial area between multiple floors. The first floor totals 37,000 +/- SF, split into 11,000 +/- SF and 26,000 +/- SF. The second floor totals 24,000 +/- SF, split into 11,000 +/- SF and 13,000 +/- SF, and the third floor includes 11,000 +/- SF. Additional space can be added up to the entire building. The building is constructed with a concrete structure and includes multiple outdoor spaces for courtyard and parking.

The property sits on 1.32 acres at the corner of Allegheny Avenue and C Street, with frontages on both streets. Ceiling heights throughout range from 17’ to 22’. Zoning is I-2, and the property is in a Qualified Opportunity Zone. The site is located one block off Frankford Avenue with easy access to I-95 and Center City.

Gated off-street parking is available onsite, supporting day-to-day operations and tenant access.

Key Highlights

  • 72,000 +/- SF across three floors with tenant‑ready splits
  • First floor 37,000 +/- SF split into 11,000 +/- SF and 26,000 +/- SF
  • I‑2 zoning plus Qualified Opportunity Zone

Property Analytics

Current Use

Maria de los ... Medical Clinic Amulya Iyer Pediatrician Dr. Maria I. ... Physician Dr. Michelle J. ... Dental Office Marie Hennelly Pediatrician

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Accounting Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22 ft
Clear height
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,166
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$66.63 /SF/Yr
Avg Asking Price
$6.7–$141 /SF/Yr
Price Range
6,636 SF
Avg Space Size

Vacancy Rate% for Industrial in Philadelphia, PA

4.3% 2019
2.3% 2020
1.6% 2021
2.3% 2022
8.4% 2023
9.1% 2024
11.2% 2025
Rey
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Similar Off Market Nearby

  • The Pizza Wagon Catering Company ( Food Truck )
  • A Touch Of Class Catering — 827 e westmoreland st, philadelphia, pa 19134
  • Creative Foods and Catering Co. — 1940 E Allegheny Ave g01, Philadelphia, PA 19134
  • Kayla's Soulfood Club & Catering — 3557 N 5th St, Philadelphia, PA 19140

Frequently Asked Questions

What type of property is this?
Flex space - I-2 zoned multi-floor flex space with gated off-street parking and outdoor courtyard areas.
Where is this flex space located?
The property is located at 401 E Allegheny Ave Philadelphia, PA.
What are key features of this property?
This property features: 72,000 +/- SF across three floors with tenant‑ready splits; First floor 37,000 +/- SF split into 11,000 +/- SF and 26,000 +/- SF; I‑2 zoning plus Qualified Opportunity Zone
(267) 441-0601 Call to check price and availability
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