3142 Kensington Ave, Philadelphia, PA 19134
For Sale
This exceptional retail storefront, located at 3142-50 Kensington Avenue in Philadelphia, Pennsylvania, presents a significant investment opportunity. The property boasts approximately 7,475 square feet of space, previously utilized as a clothing store. Situated in the vibrant Philadelphia County, zip code 19134, this location offers high visibility and accessibility. The address is 3142 Kensington Avenue, Philadelphia, PA 19134, with precise coordinates at latitude 39.99597454287054 and longitude -75.11436626671116. The asking price for this property is $1,500,000. Given its size and prime location, this storefront is ideal for a variety of retail businesses seeking a prominent presence in a bustling Philadelphia neighborhood. The property's history as a clothing store suggests established infrastructure suitable for a range of retail applications. Further investigation into the property's zoning and potential for redevelopment is encouraged. This is a rare opportunity to acquire a substantial retail space in a desirable Philadelphia location. Serious inquiries are welcome. The property is classified as a storefront retail space.
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
CMX3 · 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.