Industrial Garage-Style Property
2605 FRANKFORD AVENUE, Philadelphia, PA 19125
CommercialSale - PHILADELPHIA, PA
Property size:
3,629 SFLot size:
0.03 AcresPrice / SF:
$234/SF- Added:
- Jan 9, 2026
- Days on Market:
- 150
- Last Refresh:
- Jun 8 at 10:06 pm
Property Features for 2605 FRANKFORD AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 3,629 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3719
Utilities
- Heating system
- None (Heating)
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1875
- Architectural style
- Other
Listing agent Benjamin Wong (215) 806-0988
Listing office BHHS Fox & Roach Blue Bell 721 Skippack Pike #100, PA (215) 542-2200
Listing date Jan 9, 2026
MLS# PAPH2573304
Listing URL
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three‑property package deal on Frankford Avenue for $900,000.
- CMX‑2 zoning allows for redevelopment, commercial use, and long‑term hold strategies.
- Located on high‑traffic Frankford Avenue, offering exceptional visibility and branding opportunities.
- 2607 Frankford Avenue features a unique industrial/garage‑style building with a through‑lot footprint from Frankford Avenue to Amber Street.
- 2607 Frankford Avenue includes a generously sized driveway with potential parking for approximately four vehicles.
- Value‑add opportunity in rapidly transforming East Kensington with potential for repositioning, redevelopment, or future appreciation.
Overview
A three-property package sale is available, featuring three adjoining addresses: 2603, 2605, and 2607 Frankford Avenue, all under CMX-2 zoning. The offering is positioned for flexible commercial use and potential repositioning, with the emphasis on securing multiple adjacent parcels in a single transaction.
The properties are located directly along Frankford Avenue in East Kensington, an area described in the remarks as continuing to see new construction and neighborhood commercial activity. The package benefits from the visibility that comes with frontage on this main corridor. The remarks also highlight 2607 Frankford Avenue as an industrial/garage-style building with a through-lot footprint extending from Frankford Avenue to Amber Street, along with a driveway area that may accommodate approximately four vehicles.
For owner-users and investors, the package provides multiple parcels under the same zoning designation, supporting a range of concepts (subject to City approvals). The remarks cite potential uses that could include retail and service-oriented neighborhood destination formats such as a coffee shop, brewery/taproom, car wash, or maker/creative studio uses. Buyers should verify zoning specifics, permitted uses, and any development potential with Philadelphia L&I and their professional advisors.
The properties are located directly along Frankford Avenue in East Kensington, an area described in the remarks as continuing to see new construction and neighborhood commercial activity. The package benefits from the visibility that comes with frontage on this main corridor. The remarks also highlight 2607 Frankford Avenue as an industrial/garage-style building with a through-lot footprint extending from Frankford Avenue to Amber Street, along with a driveway area that may accommodate approximately four vehicles.
For owner-users and investors, the package provides multiple parcels under the same zoning designation, supporting a range of concepts (subject to City approvals). The remarks cite potential uses that could include retail and service-oriented neighborhood destination formats such as a coffee shop, brewery/taproom, car wash, or maker/creative studio uses. Buyers should verify zoning specifics, permitted uses, and any development potential with Philadelphia L&I and their professional advisors.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.2k | $21.00 |
| − Vacancy | −$6.1k | −$1.68 |
| EGI | $70.1k | $19.32 |
| − OpEx | −$17.5k | −$4.83 |
| NOI | $52.6k | $14.49 |
3,629 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$751.2K
$657.3K – $876.4K
NOI $52,584 @ 7.0% cap · market cap 6.19%
Second Best
Retail
$585.9K
$512.7K – $683.6K
NOI $41,016 @ 7.0% cap · market cap 4.83%
Theoretical Best
Multifamily LT 5
$884.7K
$774.1K – $1.03M
NOI $61,929 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- Farm Truck Philly — 2139 E Cumberland St, Philadelphia, PA 19125
- Herb Nerd — 2501 E York St, Philadelphia, PA 19125
- Creative Foods and Catering Co. — 1940 E Allegheny Ave g01, Philadelphia, PA 19134
- Yay puree — 161 Cecil B. Moore Ave, Philadelphia, PA 19122
- Blake Champlain Private Cookery — 1343 E Hewson St, Philadelphia, PA 19125
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.123795
- Latitude
- 39.985184
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Three CMX-2 zoned properties on Frankford Avenue offer flexible options for owner-users and investors.
Where is this flex space located?
The property is located at 2605 FRANKFORD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three‑property package deal on Frankford Avenue for $900,000.; CMX‑2 zoning allows for redevelopment, commercial use, and long‑term hold strategies.; Located on high‑traffic Frankford Avenue, offering exceptional visibility and branding opportunities.
