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Development Opportunity 2618-2622 E Cumberland St 4,550 SF 100% Leased Office Building Philadelphia, PA 19125 For Sale
INVESTMENT HIGHLIGHTS
- Residential Development Opportunity
- Olde Richmond Neighborhood
- Two Street Frontages; approximately 54' each
EXECUTIVE SUMMARY
The Flynn Company is pleased to offer this exciting new development opportunity for sale in the Olde Richmond
neighborhood of Philadelphia; in the sought-after 19125 zip code. 2618-22 E. Cumberland Street is comprised of a 2-story,
4,550 SF building that is situated on a parcel totaling 5,531 SF of land. The property is zoned RSA-5 which is primarily
intended for Residential Single-Family Attached development. The building is currently occupied as office space and the
owner/occupant will be vacating upon a sale.
Located just off of Aramingo Ave, the property is surrounded by new residential development and is within walking
distance to countless shopping, banking, food/beverage and neighborhood amenity options. Olde Richmond is a rapidly
emerging neighborhood.
The site has approximately 54’ of frontage along E. Cumberland St, approximately 54’ of frontage along E. Letterly St,
approximately 107’ on the West boundary and approximately 96’ on the East boundary. The property offers an excellent
opportunity for residential development. Please contact The Flynn Company with
any questions or to schedule a property inspection.
neighborhood of Philadelphia; in the sought-after 19125 zip code. 2618-22 E. Cumberland Street is comprised of a 2-story,
4,550 SF building that is situated on a parcel totaling 5,531 SF of land. The property is zoned RSA-5 which is primarily
intended for Residential Single-Family Attached development. The building is currently occupied as office space and the
owner/occupant will be vacating upon a sale.
Located just off of Aramingo Ave, the property is surrounded by new residential development and is within walking
distance to countless shopping, banking, food/beverage and neighborhood amenity options. Olde Richmond is a rapidly
emerging neighborhood.
The site has approximately 54’ of frontage along E. Cumberland St, approximately 54’ of frontage along E. Letterly St,
approximately 107’ on the West boundary and approximately 96’ on the East boundary. The property offers an excellent
opportunity for residential development. Please contact The Flynn Company with
any questions or to schedule a property inspection.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Building Size
4,550 SF
Building Class
C
Year Built
1875
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,275 SF
Building FAR
0.80
Lot Size
0.13 AC
Zoning
RSA-5 - RSA-5
Residential Single Family Attached
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Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (92)
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Development Opportunity | 2618-2622 E Cumberland St
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