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    OFF-MARKET
    Warehouses

    1829-33 Venango St, Philadelphia, PA 19134

    15,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 15,000-square-foot warehouse at 1829-33 E. Venango Street in Philadelphia, PA 19134 presents a remarkable investment or owner-occupancy opportunity. Priced at $2,900,000, this two-story industrial property offers significant potential for redevelopment. The building's substantial size and versatile layout allow for a wide range of uses. The ground floor boasts ample warehouse space, complemented by existing office areas, ideal for a business operation. The expansive second floor, currently a raw space, presents limitless possibilities. Potential uses include apartment conversion, a daycare center, a golf simulator, a children's play center, a sports training facility, or a food service storage and preparation area. The property's location within a rapidly developing area of Philadelphia further enhances its appeal. The existing structure may also allow for vertical expansion, offering additional development potential. This is a unique chance to capitalize on the current real estate boom and create a truly exceptional facility. The property is classified as Industrial and Land, with a Commercial subtype.

    Property profile
    Verified
    Property type Warehouses
    Total area 15,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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