Steel Heddle Building Mixed-Use
For Sale
Contact for pricing
Pending
2100 W Allegheny Ave, Philadelphia, PA 19132
257,000 SF adaptive reuse project in Qualified Opportunity Zone.
Property Size257,000 SF
Days on Market188
Property Features for 2100 W Allegheny Ave
General Information
Standard status
Pending
Size
257,000 SF
Property subtype
Mixed Use, Multifamily, Retail
Zoning
I1
Building Details
Buildings
3
Stories
5
Units
232
Listing Agency:
GREA
Listed By:
Ken Wellar · License #PA 10401252368
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 11 at 6:14AM
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 GREA
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,309
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
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 is the asking price?
The asking price for this property is $2,900,000.
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.
