Corner Mixed-Use Development
For Sale
$940,000
225460 N 3rd Street, Philadelphia, PA 19133
Existing 6,120 SF masonry and steel building with two overhead doors and approved plans for mixed-use development.
Property SizeContact for details
Days on Market112
Property Features for 225460 N 3rd Street
General Information
Standard status
Active
Property subtype
Land
Lease Term
[]
Listing Agency:
KW Empower
Listed By:
Christopher K Somers · License #RS278328
(215) 253-6818
Source:
Deepcreeklake
Added: May 19
Changed: Sep 6
Last Checked: Sep 6 at 9:16AM
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 SF masonry and steel building with high ceilings and two overhead doors, providing immediate flexibility for owner-users, storage, light industrial use, or rental income while development plans are carried forward.
The site is described as a corner development opportunity in Norris Square with approved zoning plans and permits for a mixed-use building totaling 27 residential units and 1 commercial space. The current zoning permit remains active through February 2029.
The approved unit mix features 17 two-bedroom/two-bath units and 10 one-bedroom/one-bath units, with a ground-floor commercial space. In addition to the approved plan, a by-right alternative development concept is noted for 32 residential units plus 1 commercial space, including 12 two-bedroom/two-bath units, 12 one-bedroom/one-bath units, and 8 studio apartments.
The site is described as a corner development opportunity in Norris Square with approved zoning plans and permits for a mixed-use building totaling 27 residential units and 1 commercial space. The current zoning permit remains active through February 2029.
The approved unit mix features 17 two-bedroom/two-bath units and 10 one-bedroom/one-bath units, with a ground-floor commercial space. In addition to the approved plan, a by-right alternative development concept is noted for 32 residential units plus 1 commercial space, including 12 two-bedroom/two-bath units, 12 one-bedroom/one-bath units, and 8 studio apartments.
Key Highlights
- Approved mixed‑use development plans: 27 residential units plus 1 commercial space in Norris Square
- Approved unit mix includes 17 two‑bedroom/2‑bath units and 10 one‑bedroom/1‑bath units, with ground‑floor commercial space
- Existing 6,120 SF masonry and steel building with high ceilings, plus two overhead doors for interim owner‑user or rental use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Under-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Existing 6,120 SF masonry and steel building with two overhead doors and approved plans for mixed-use development.
Where is this warehouse located?
The property is located at 225460 N 3rd Street 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 development plans: 27 residential units plus 1 commercial space in Norris Square; Approved unit mix includes 17 two‑bedroom/2‑bath units and 10 one‑bedroom/1‑bath units, with ground‑floor commercial space; Existing 6,120 SF masonry and steel building with high ceilings, plus two overhead doors for interim owner‑user or rental use
