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Investment Highlights

  • Corner Industrial Flex Building
  • Steel I-beam construction
  • Excellent regional access to I-95, Aramingo Avenue, Center City Philadelphia, and major transportation corridors

Executive Summary

POTENTIAL DEVELOPMENT OPPORTUNITY: Corner Industrial Flex Property | Adaptive Reuse | Indoor Parking Conversion | Development Opportunity | Kensington / Port Richmond Philadelphia
Positioned in the heart of the rapidly transforming Kensington / Port Richmond corridor, this corner industrial flex building presents a compelling value-add and adaptive reuse opportunity for investors, developers, and owner-users. Constructed of brick and cinder block, the building features an approximate 55’ x 55’ footprint (±3,000 SF) with 12-foot ceilings and steel I-beam construction, offering the structural strength and clear span functionality sought after for industrial, storage, automotive, and redevelopment applications.
Currently utilized as a machine shop / welding facility, the property benefits from a legal non-conforming industrial use within an RSA-5 residential zoning district, allowing for continued light industrial, contractor, fabrication, or workshop operations while also creating a pathway for residential redevelopment or mixed-use conversion (subject to zoning approval and architectural plans).
The layout and ceiling height make this an ideal candidate for secured indoor parking, vehicle storage, contractor garage, warehouse, or last-mile distribution use. Investors will recognize the potential to reposition the asset through adaptive reuse strategies, including garage-to-residential conversion, vertical expansion, or live-work configurations.
Located on a highly visible corner with off-street parking, the property soon to be surrounded by new construction, residential infill, and ongoing neighborhood revitalization, driving long-term appreciation. Excellent access to I-95, Aramingo Avenue, Center City Philadelphia, and regional transportation corridors enhances both usability and future resale value.
A rare opportunity to acquire a flex industrial asset with redevelopment upside in one of Philadelphia’s most active growth markets. Ideal for developers, contractors, automotive users, and investors seeking strong potential returns.

Property Facts

Price $552,940 CAD
Price Per SF $193.34 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Repair
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class C
Lot Size 0.11 AC
Rentable Building Area 2,860 SF
No. Stories 1
Year Built 1930
Tenancy Single
Zoning RSA-5 - RSA-5 with existing non conforming use Machine/Welding Shop. Check your use with Philadelphia zoning code
Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
252277200
Land Assessment
$25,609 CAD
Improvements Assessment
$102,436 CAD
Total Assessment
$128,045 CAD
  • Listing ID: 39017668

  • Date on Market: 2026-01-08

  • Last Updated:

  • Address: 2134 E Lippincott St, Philadelphia, PA 19134

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