2509-2537 Broad St Philadelphia, PA 19132
- Warehouses
- 97,905 SF
- 3.18 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2509-2537 Broad St
- Lot size
- 3.18 lot acres
- Property size
- 97,905 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional industrial property, located at 2509-2537 N Broad Street in Philadelphia, Pennsylvania, offers 97,905 square feet on a 3.18-acre lot. The property boasts prime visibility with direct frontage on Broad Street (approximately 110 feet) and Cumberland Street (approximately 106 feet). Currently zoned CMX-3/I-2 (Commercial Mixed Use/Industrial) by the City of Philadelphia, it benefits from existing approvals for the construction of 118 residential units. The site's strategic location provides immediate access to the North Broad Street train station. Further enhancing its appeal, this property is situated within a Qualified Opportunity Zone (QOZ), and the potential exists for utilizing historically preserved tax credits for a portion of the site. Detailed environmental reports and surveys are available upon request for qualified buyers. The estimated 2023 property taxes are $40,069. The owner is open to considering the sale of each building individually. This presents a unique opportunity for investors seeking a high-profile location with significant 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
- -75.1545
- Latitude
- 39.9912
