1500-1514 5Th St Philadelphia, PA 19122

This exceptional 35,428-square-foot warehouse presents a compelling redevelopment opportunity in Philadelphia's desirable Ole Kensington/Ludlow neighborhoods. Situated on a 0.68-acre corner lot at 1500-1514 North 5th Street, this property benefits from high visibility on a well-traveled thoroughfare. The building, constructed in 1950, features a single story with impressive ceiling heights ranging from 13.75' to 15.5' clear, and 16' to 17.5' to deck. Loading is facilitated by one interior tailgate, two drive-ins, and an interior loading platform. The property boasts 400-amp, 3-phase, 4-wire, 240/120 power and a dry sprinkler system. Zoned ICMX (Industrial Commercial Mixed-Use), this versatile property offers significant potential for various uses. Its prime location is enhanced by proximity to recreational amenities, including the Cruz Recreation Center and park, featuring a pool, playground, baseball field, and basketball courts. Convenient access to major transportation arteries is also a key advantage, with I-95 just 1.5 miles away and the Benjamin Franklin Bridge only 2 miles distant. Annual property taxes are $12,052. The APN is 88-4-5894-00, 88-4-5895-00. This is a rare chance to acquire a substantial warehouse in a rapidly developing area.