1930-38 Stella St Philadelphia, PA 19134
- Warehouses
- 30,000 SF
Current Use by Public Records
- Warehouses
Property Details for 1930-38 Stella St
- Property size
- 30,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Philadelphia commercial property presents a unique investment opportunity encompassing a 30,000-square-foot warehouse and two adjacent five-unit residential buildings, all situated on a single lot in the rapidly developing Kensington neighborhood. The warehouse itself boasts high ceilings, open floor plans, large loading bays, reinforced concrete floors, ample power supply, and multiple access points, making it suitable for various uses including warehousing, distribution, manufacturing, or conversion into flex or creative spaces. Its strategic location near I-95 ensures efficient logistics. The inclusion of the ten residential units offers immediate income generation potential or the possibility of redevelopment as part of a larger mixed-use project. This combined offering provides significant value-add potential for investors and developers seeking to capitalize on the revitalization of Kensington. The property's versatility, combined with its prime location and substantial size, makes it an attractive proposition for owner-users, investors, and developers alike. This is a rare opportunity to acquire a substantial portfolio in a high-demand area with immediate income potential and significant long-term growth prospects. The asking price for this entire package is $1,800,000. This property is move-in ready for owner-users and presents a compelling investment opportunity for those seeking immediate income and future development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1165
- Latitude
- 39.9923
