$5,000,000

3156-60 Kensington Ave

PHILADELPHIA PA, 19134

Description

I am pleased to offer for sale of 3156-60 Kensington Avenue and 3162-64 Kensington Avenue. The portfolio of offerings includes the K&A Building, a nine-story building and an additional 2,697 square feet of retail space located at the corner of Kensington and Allegheny Avenue. The sale of these assets presents investors with multiple value creation opportunities. 3156-60 and 3162-64 Kensington Avenue must be acquired together. It is 9 Story High rise adjacent a single-story commercial building, it its the tallest building in the area outside of center city. Located right next to a train stop, easily accessible to 76 , I-95 , & 676. Located in Qualified Opportunity Zone with CMX-3 Zoning. Medical Office and Retail, Lease-Up Ability | Office, Housing & Commercial Uses, The Sky is the limit, Don't miss this opportunity to be a part of the growth in Kensington.

Details

MLS#PAPH856620
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1925
Days On Site34

Features

SQ Feet34,699
Story(s)0
ZoningCMX3

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19134
Area19134 (19134)
Listing VS Median (in 19134)
Price:
$5,000,000
low | high
Med:
$80,000
100% of Average
SqFt:
34,699
low | high
Med:
1,160
100% of Average
$ / SqFt:
$144
low | high
Med:
$69
100% of Average
On Site:
34
low | high
Med:
215
15.813953488372% of Average
Listing Updated: 01/16/2020
MLS Number: PAPH856620
Listing Provided By:
Steven Wynn  of  EXP Realty LLC