Mixed-Use Property with Development
New
For Sale
$940,000
2254-60 N 3RD ST, Philadelphia, PA 19133
Existing masonry-and-steel improvements support interim commercial, storage, or light industrial use while approved plans remain active.
Property SizeContact for details
Days on Market3
Property Features for 2254-60 N 3RD ST
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
KW Empower
(267) 987-4443
Listed By:
Christopher K Somers · License #RS278328
(267) 987-4443
Source:
Graves
Added: Aug 28
Changed: Aug 29
Last Checked: Aug 30 at 5:37PM
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 KW Empower
Investment Insights
Based on property information with market context.
The property includes a 6,120-square-foot masonry-and-steel building with high ceilings and two overhead doors. The existing improvements can accommodate owner-user operations, storage, light industrial activity, or rental use while the approved development program advances. The building also provides an immediate commercial component within a larger mixed-use project framework.
Approved plans and permits provide for a mixed-use building with 27 residential units and one ground-floor commercial space. The residential program comprises 17 two-bedroom, two-bath units and 10 one-bedroom, one-bath units. The active zoning permit extends through February 2029.
A separate by-right concept outlines 32 residential units plus one commercial space, including 12 two-bedroom, two-bath units, 12 one-bedroom, one-bath units, and eight studio apartments. The property is also situated within a Qualified Opportunity Zone.
Approved plans and permits provide for a mixed-use building with 27 residential units and one ground-floor commercial space. The residential program comprises 17 two-bedroom, two-bath units and 10 one-bedroom, one-bath units. The active zoning permit extends through February 2029.
A separate by-right concept outlines 32 residential units plus one commercial space, including 12 two-bedroom, two-bath units, 12 one-bedroom, one-bath units, and eight studio apartments. The property is also situated within a Qualified Opportunity Zone.
Key Highlights
- Approved mixed‑use program includes 27 residential units and 1 commercial space
- Existing 6,120 SF masonry‑and‑steel building with high ceilings
- Two overhead doors serve the existing building
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,898
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Market
Vacancy Rate% for Industrial in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing masonry-and-steel improvements support interim commercial, storage, or light industrial use while approved plans remain active.
Where is this mixed-use property located?
The property is located at 2254-60 N 3RD ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Approved mixed‑use program includes 27 residential units and 1 commercial space; Existing 6,120 SF masonry‑and‑steel building with high ceilings; Two overhead doors serve the existing building
