2848 Chatham St Philadelphia, PA 19134
For Sale
1 / 2
Property summary
This exceptional industrial property, located in Philadelphia's vibrant Port Richmond neighborhood, presents a unique opportunity for multiple tenants. The building offers three distinct spaces, each with its own character and potential. Space 1 boasts a massive 9,000 square feet of open floor plan, featuring high ceilings ideal for large-scale operations, storage, or creative projects. Space 2, a newly renovated 4,500 square foot area, showcases soaring ceilings exceeding 30 feet, abundant natural light from newly installed windows spanning the length of the space, freshly painted walls, and two new bathrooms currently under construction. Finally, Space 3 provides a flexible 2,500 square foot layout, perfectly suited for a creative studio, workspace, or supplementary storage. The property's adaptability makes it suitable for a variety of uses, from distribution and logistics to creative endeavors. Its prime location in Port Richmond offers excellent access to transportation and a thriving community. This is an exceptional opportunity to secure warehouse space in a desirable Philadelphia location. The property is classified as industrial and special purpose, with multiple tenancies available. The total building square footage is not currently specified. The property is situated in Philadelphia County.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Gym & Fitness Center
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Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Zoning & alternative use
I-2 Medium Industrial G-1 G-2 Food Distribution Center I-3 Heavy Industrial LR I-P Port Industrial Port Industrial (.2) Map Symbols. (.a) The Industrial district map symbols are intended to provide a general, relative in…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I2 · Philadelphia, PAI-2 Medium Industrial G-1 G-2 Food Distribution Center I-3 Heavy Industrial LR I-P Port Industrial Port Industrial (.2) Map Symbols. (.a) The Industrial district map symbols are intended to provide a general, relative in…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I2 in Philadelphia, PA.
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