2100 W Allegheny Ave Philadelphia, PA 19132
257,000 SF adaptive reuse project in Qualified Opportunity Zone.
Property size:
257,000 SFLot size:
75,600.00 AcresProperty Features for 2100 W Allegheny Ave
General Information
- Standard status
- Active
- Zoning
- I1
- Size
- 257,000 SF
- Lot size
- 75,600.00 Acres
Source:
Crexi
Listing Agency: GREA Listing Agent: Ken Wellar
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Steel Heddle Building Mixed-Use Project
The Steel Heddle Building, located at 2100 W. Allegheny Avenue in the Allegheny West Neighborhood of Philadelphia, presents an opportunity to acquire a fee simple interest in a transformative mixed-use project. This adaptive reuse project encompasses 257,000 gross square feet of former industrial space, zoned I1. Situated in a Qualified Opportunity Zone, the asset offers potential tax benefits, combined with available tax credits, including LIHTC and Historic, for revitalizing the structure. The project envisions converting the former Steel Heddle Manufacturing Company Complex into a combination of apartments, live-work space, and storage with ample parking. Constructed of non-combustible concrete and steel, the building is suited for creating spaces with unique character, following the trend of former industrial conversions. Future tenants will benefit from the location directly across from the Allegheny Station on the Manayunk/Norristown Regional Rail Line, providing access to Center City Philadelphia and Suburban Philadelphia. The property is also located minutes from major highways, including I-76, I-676, and I-95, facilitating access for motorists to the entire Philadelphia MSA.
Location Intelligence
Current Use by Public Records
Athena Bitcoin ATM
Atm
Sunoco Gas Station
Gas Station
Bitcoin of America ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.165421
- Latitude
- 40.002819
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FAQs
What type of property is this?
Mixed-use property - 257,000 SF adaptive reuse project in Qualified Opportunity Zone.
Where is this mixed-use property located?
The property is located at 2100 W Allegheny Ave Philadelphia, PA.
What are key features of this property?
This property features: - Opportunity to develop a transformative mixed-use project in a Qualified Opportunity Zone (QOZ) with potential tax benefits.; - Adaptive reuse project of a 257,000 sq ft former industrial space with unique character.; - Eligible for multiple tax credits, including LIHTC and Historic credits.
