5223 Torresdale AvePhiladelphia, PA 19124

Property Details for 5223 Torresdale Ave

Year built

1935

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.25 AC

Property size (Sq ft)

15,624 SF

Zone code

CMX2

Property type

Retail properties

Property subtype

Auto shops

APN

88-2-9709-45

APU

882970945

Description

This exceptional 15,624-square-foot warehouse, located at 5223 Torresdale Avenue in Philadelphia, Pennsylvania (zip code 19124), presents a unique investment opportunity for owner-users or investors. The property, built in 1935, sits on an 11,013-square-foot lot and features a two-story building with a 100% occupancy rate. Currently operating as a single-tenant industrial space under a month-to-month lease, the tenant, an auto-body shop, is open to a long-term lease. The warehouse boasts impressive 17'9" ceiling heights, one dock-high loading dock, and one dock-high door, providing ample space and functionality. Conveniently located less than half a mile from I-95, near Roosevelt Boulevard and Harbinson Avenue, this property offers excellent accessibility. The sale includes a small parking lot across the street, providing 20 parking spaces. The property is zoned CMX-2 and is priced at $1,500,000 ($96.01 per square foot). This is a NNN lease property. This is a truly rare opportunity to acquire a well-located, functional warehouse in a thriving area of Philadelphia. The property is being offered for sale by owner.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0132

Longitude

-75.0694

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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