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100-102 W Gale St + 101 W Clarkson +5500 3 Properties Offered at $1,465,716 CAD in Philadelphia, PA

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INVESTMENT HIGHLIGHTS

  • Assemblage Opportunity – Three adjacent / nearby parcels totaling nearly 1 acre of land in Philadelphia’s 19120 corridor, ideal for mixed-use, multifa
  • Flexible Use Potential – Includes existing flex / warehouse / office space at 100-102 W Gale St plus vacant land at 101 W Clarkson St and 5500-5502 N
  • Prime Infill Location – High-visibility corner with access to major routes, public transit, and dense residential neighborhoods in the Olney / Upper N

EXECUTIVE SUMMARY

Property Portfolio Offering: 100-102 W Gale St • 101 W Clarkson St • 5500-5502 N Front St
Philadelphia, PA 19120 (Olney / Upper North Philadelphia Area)

Executive Summary
We are pleased to present a rare opportunity to acquire a well-positioned, multi-parcel real estate portfolio in Philadelphia’s 19120 corridor. This offering consists of three (3) contiguous / nearby properties: 100-102 W Gale St, 101 W Clarkson St, and 5500-5502 N Front St. Together, they offer the scale, site control, and redevelopment optionality that are hard to find in this submarket.
This portfolio is ideal for investors, owner-users, or developers looking to consolidate land, capture upside through repositioning, or implement value-add strategies in a growing, transit-oriented, and infill corridor.

Property Highlights & Key Strengths
100-102 W Gale St
• Known as the “Olney Flex Property” — flexible use zoning.
• Approximately ~3,600 SF of available space for lease, marketed as a flex / light industrial / office product.
• High-visibility corner location with strong frontage and exposure to passing traffic.
• Proximity to major brands and amenities: national chains like McDonald’s, Planet Fitness, ShopRite.
• Strategically positioned in the Olney node, offering access to transit and local business corridors.
• Opportunity for repositioning, densification, or conversion, depending on zoning allowances.
101 W Clarkson St + 5500-5502 N Front St
• Offered together as land parcels of ~0.92 acres total.
• Each parcel is approximately 0.46 acres.
• Asking price (as of the listing) for both parcels: $1,200,000
• Raw land presents a blank canvas for redevelopment — ideal for multifamily, mixed-use, townhomes, or associated ancillary uses within a unified development plan.
• These parcels provide the expansion or “assemblage potential” for a larger project when combined with adjacent holdings (e.g. Gale St site).
• Fronts N Front St, which is a corridor street, providing good access and visibility.
Portfolio-Level Advantages
• Scale: Together, the three parcels provide significant land area and flexibility.
• Control and optionality: Owning multiple adjacent parcels reduces fragmentation risk and offers design freedom.
• Value creation potential: Upside through rezoning, densification, or redevelopment — ideal for an investor with vision.
• Location in 19120 (Olney / Upper North): This submarket is seeing growing interest due to affordability relative to Center City, access to transit, and redevelopment momentum.
• Transit and connectivity: The area is served by city bus, proximity to major thoroughfares, and access to connecting neighborhoods.
• Visibility / traffic exposure (especially for Gale St parcel) ensures potential for commercial frontage uses or signage value.

Market Context & Submarket Dynamics
• The 19120 zip code (Olney and surrounding) remains an active investment corridor with moderate density, good transportation infrastructure, and growing demand for infill and mixed-use projects.
• Recent land listings in the area (including the 101 Clarkson + Front St combo) reflect prices consistent with redevelopment expectations.
• The Gale St parcel’s positioning along a high-traffic stretch with retail nodes nearby enhances its appeal to tenants or ground-level commercial users.
• The satellite parcels on Front / Clarkson help capture additional site depth, buffer zones, and assembly control, which many developers prefer.

• Offering price: $1,200,000 —based on a blended value of income potential, land replacement cost, and projected development value.

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

PROPERTY FACTS

Price $1,465,716 CAD
Price / SF $224.39 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 11.31%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 6,532 SF
Total Land Area 1.49 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
100-102 W Gale St, Philadelphia, PA 19120 Flex 6,532 SF 1995 -
5500-5502 N Front St, Philadelphia, PA 19120 Land 0.46 AC - -
101 W Clarkson Ave, Philadelphia, PA 19120 Land 0.46 AC - -
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  • Listing ID: 34111479

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 100-102 W Gale St + 101 W Clarkson +5500, Philadelphia, PA

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