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Mixed-Use Building with Apartments
New
For Sale
$239,500

3345 KENSINGTON AVENUE, Philadelphia, PA 19134

Occupied storefront and two leased apartments combine commercial activity with residential occupancy in a renovated, three-level building.

Property Size2,110 SF
Days on Market3

Property Features for 3345 KENSINGTON AVENUE

General Information

Standard status Active
Size 2,110 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $1,177

Building Details

Building Size 2,110 SF
Year Built 1915
Listing Agency: RE/MAX Ace Realty
Listed By: James J Whelan · License #RS222297L
Source: Lizclarkrealestate
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 3 at 11:18AM

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 RE/MAX Ace Realty

Investment Insights

Based on property information with market context.

Built in 1915, this approximately 2,100-square-foot brick and stucco mixed-use property has an occupied commercial unit on the first floor and one occupied apartment on each of the second and third floors. Both apartments are configured as 1 bed/1 bath units, and all three units were renovated in 2020. The commercial space is leased for 3 years with automatic rental increases, while the residential units are also occupied under current leases.

The property is located in Philadelphia’s Kensington section near the El, Kensington Works, and several new businesses. On-street parking is available. The building is being offered in its current condition, with showings requiring agent accompaniment and no disruption to store employees.

Key Highlights

  • Approximately 2,100 square feet across three levels
  • Occupied first‑floor commercial unit with 3‑year lease and automatic rental increases
  • Two occupied 1 bed/1 bath apartment units

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Travel Agency Acupuncture Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,488
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA

Feb
$190 Mar
$206 Apr
$211 May
$206 Jun
$234 Jul

Properties on Market for Mixed-use properties in Philadelphia

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Occupied storefront and two leased apartments combine commercial activity with residential occupancy in a renovated, three-level building.
Where is this mixed-use property located?
The property is located at 3345 KENSINGTON AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $239,500.
What are key features of this property?
This property features: Approximately 2,100 square feet across three levels; Occupied first‑floor commercial unit with 3‑year lease and automatic rental increases; Two occupied 1 bed/1 bath apartment units
More about this property
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