4070 Torresdale Ave Philadelphia, PA 19124-5021
- Investment properties
- 17,000 SF
- 0.78 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4070 Torresdale Ave
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.78 lot acres
- Property size
- 17,000 SF
- Zone code
- CMX2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 88-2-9301-25
- APU
- 882930125
Description
This exceptional 17,000-square-foot industrial property, located at 4070 Torresdale Ave in Philadelphia, PA 19124, presents a compelling investment opportunity. Built in 1925, this single-story building sits on a substantial 34,071-square-foot lot and boasts 42 parking spaces. Currently vacant, the property is zoned CMX2, offering diverse potential uses. With six units available, the asking price is $1,700,000, or $100 per square foot, and $283,333.33 per unit. Its prime location at the intersection of Torresdale Ave and Frankford Ave ensures high visibility and accessibility, situated minutes from I-95 Aramingo Ave exit and the Erie-Torresdale Station. The property's versatility accommodates a wide range of uses, including manufacturing, shopping center, warehouse, auto-related businesses, banquet facilities, big-box retail, cold storage, and more. This strategic location and flexible zoning make it an ideal investment for long-term growth and profitability. The net rentable area is 17,000 square feet. This property offers a rare chance to acquire a substantial industrial space in a high-traffic area with significant development potential.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $817,000
Market price range: $818k - $1.90M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.0909
- Latitude
- 40.0065
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA