Steel Heddle Building Mixed-Use
For Sale
$2,950,000
2100 W Allegheny Ave, Philadelphia, PA 19132
257,000 SF adaptive reuse project in Qualified Opportunity Zone.
Property Size257,000 SF
Price / SF$11.48
Days on Market157
Property Features for 2100 W Allegheny Ave
General Information
Standard status
Active
Size
257,000 SF
Taxes and HOA fees
Annual Taxes
$52,397
Listing Agency:
KW Greater West Chester
(240) 566-2060
Listed By:
Ana Krauthamer · License #RS338376
(240) 566-2060
Source:
Exprealty
Added: Mar 27
Changed: Aug 25
Last Checked: Aug 29 at 2:57PM
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 Greater West Chester
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
1,388
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
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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 $2,950,000.
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.
