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Multi-Floor Industrial Building
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401 E Allegheny Ave, Philadelphia, PA 19134

Industrial space in an I-2 Opportunity Zone with gated off-street parking and 17’–22’ ceilings.

Property Size11,000 SF - 72,000 SF
Lot Size1.32 Acres
Days on Market493

Property Features for 401 E Allegheny Ave

General Information

Standard status Active
Size 11,000 SF - 72,000 SF
Net Rentable 11,000 SF
Lot size 1.32 Acres
Property subtype FLEX_R_AND_D
Zoning I-2

Additional Details

Available Space 11,000-72,000 SF
Opportunity Zone Yes
Highway Access Yes

Building Details

Stories 3
Listing Agency: MPN Realty, Inc.
Listed By: Nadia Bilynsky · License #RS311101
Source: Moodyscre
Added: Mar 26, 2025 Changed: Jul 30 Last Checked: Jul 30 at 12:44PM

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 MPN Realty, Inc.

Investment Insights

Based on property information with market context.

Multi-floor industrial building offering approximately 72,000 +/- SF across multiple floors with a configuration that supports flexible tenant needs. The first floor totals 37,000 +/- SF, split into approximately 11,000 +/- SF and 26,000 +/- SF. The second floor totals 24,000 +/- SF, split into approximately 11,000 +/- SF and 13,000 +/- SF. The third floor offers approximately 11,000 +/- SF. The building is concrete-constructed with multiple outdoor spaces for courtyard and parking, and 17’-22’ ceilings throughout. Space is also expandable, with the ability to increase up to the entire building.

The property sits on 1.32 acres and is positioned at the corner of Allegheny Avenue and C Street with frontage on both streets. Gated, off-street parking is available onsite. Located one block off Frankford Avenue, the site provides easy access to I-95 and Center City.

Zoned I-2 and designated as a Qualified Opportunity Zone, the property is well suited for industrial users looking for multi-level space and on-site outdoor areas.

Key Highlights

  • Approximately 72,000 +/- SF industrial building across three floors
  • First floor: 37,000 +/- SF split into 11,000 +/- SF and 26,000 +/- SF
  • 17’-22’ ceilings throughout with concrete construction

Property Analytics

Current Use

Maria de los ... Medical Clinic Amulya Iyer Pediatrician Dr. Maria I. ... Physician Dr. Michelle J. ... Dental Office Marie Hennelly Pediatrician

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Accounting Firm Skin Care Clinic

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,166
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Philadelphia, PA

$66.63 /SF/Yr
Avg Asking Price
$6.7–$141 /SF/Yr
Price Range
6,636 SF
Avg Space Size

Vacancy Rate% for Industrial in Philadelphia, PA

4.3% 2019
2.3% 2020
1.6% 2021
2.3% 2022
8.4% 2023
9.1% 2024
11.2% 2025
Rey
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Similar Off Market Nearby

  • The Pizza Wagon Catering Company ( Food Truck )
  • A Touch Of Class Catering — 827 e westmoreland st, philadelphia, pa 19134
  • Creative Foods and Catering Co. — 1940 E Allegheny Ave g01, Philadelphia, PA 19134
  • Kayla's Soulfood Club & Catering — 3557 N 5th St, Philadelphia, PA 19140

Frequently Asked Questions

What type of property is this?
Flex space - Industrial space in an I-2 Opportunity Zone with gated off-street parking and 17’–22’ ceilings.
Where is this flex space located?
The property is located at 401 E Allegheny Ave Philadelphia, PA.
What are key features of this property?
This property features: Approximately 72,000 +/- SF industrial building across three floors; First floor: 37,000 +/- SF split into 11,000 +/- SF and 26,000 +/- SF; 17’-22’ ceilings throughout with concrete construction
(267) 441-0601 Call to check price and availability
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