1841 E Lehigh Ave E, Philadelphia, PA 19125

Property Description

ASSEMBLAGE: $7.0M combined. This parcel’s price is an allocation, not a reduction. PHYSICAL FEATURES NOT VERIFIED BY PARCEL: Disregard the unit entries, unit occupancy labels, loading-dock, leveler, drive-in-door and parking counts shown in the structured MLS fields. These are unverified legacy entries and are not a representation that this parcel independently contains those features or quantities. No combined assemblage count is confirmed. Verify counts and allocation by survey, site inspection and seller documentation. Rare ±1.87-acre redevelopment opportunity in Philadelphia’s Frankford-Lehigh / East Kensington corridor. The 1801–1841 E. Lehigh Avenue assemblage consists of two adjacent, separately deeded industrial parcels totaling approximately 81,421 SF of land with approximately 26,979 SF of existing improvements. Current ICMX zoning provides flexibility for a range of commercial and industrial uses, including warehouse, storage, flex-industrial and other compatible uses, subject to buyer verification with the City of Philadelphia and L&I. The site offers substantial E. Lehigh Avenue frontage, strong urban infill positioning and multiple redevelopment possibilities. Potential uses may include continued industrial/commercial operation, self-storage, warehouse or flex redevelopment, as well as longer-term mixed-use or residential redevelopment opportunities subject to zoning relief, entitlements and all required governmental approvals. Located near the Frankford Avenue redevelopment corridor, the property may appeal to developers, owner-users, self-storage operators, industrial investors and land investors seeking a sizable assemblage with multiple potential value-creation strategies. Offered as part of the 1801–1841 E. Lehigh Avenue assemblage. Seller’s combined asking price for both parcels is $7,000,000, with a preference to sell the properties together. Any individual parcel listing price represents an allocation of the combined asking price and should not be interpreted as an indication that Seller will sell either parcel separately. All information is deemed reliable but is not guaranteed. Buyer is responsible for independently verifying all pertinent property information, including zoning, acreage, building area, environmental conditions, permitted uses, utilities, access, development feasibility and all other due-diligence matters.