2817 Cedar St 29 Philadelphia, PA 19134-4211
This exceptional industrial warehouse, located at 2817 Cedar Street in Philadelphia, Pennsylvania, presents a compelling investment opportunity. The property boasts 14,420 square feet of space situated on a 13,600 square foot lot, offering ample room for operations. The building, constructed in 1915, features a two-story design with approximately 13,000 square feet of warehouse space on the first floor and approximately 1,000 square feet of office space on the second. The warehouse benefits from one dock-high loading dock accessible from Cedar Street, providing convenient loading and unloading capabilities. Ceiling heights range from 10 feet 8 inches to 15 feet 8 inches, accommodating various storage and operational needs. Currently 100% occupied, the property is zoned I-2, reflecting its suitability for industrial uses. Its prime location, just one block from Aramingo Avenue and East Somerset Street, places it within proximity to ongoing new construction developments, suggesting strong potential for future appreciation. The asking price is $1,500,000, translating to $104.02 per square foot. This single-unit property offers a unique chance to acquire a well-located, fully occupied industrial warehouse in a thriving area of Philadelphia.
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Northern Star Services Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I2 · Philadelphia, PAPhiladelphia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.