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100-102 W Gale St + 101 W Clarkson +5500 3 biens • À vendre 1 452 559 $ CAD • Philadelphia, PA



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FAITS SAILLANTS DE L'INVESTISSEMENT
- 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
RÉSUMÉ DE L'ANNONCE
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.
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 ET DÉPENSES D’EXPLOITATION (PRO FORMA - 2025) Cliquez ici pour accéder à |
ANNUEL (CAD) |
|---|---|
| Revenu de location brut |
$99,999
|
| Autres revenus |
-
|
| Perte due à l’inoccupation |
-
|
| Revenu brut effectif |
$99,999
|
| Taxes |
$99,999
|
| Dépenses d’exploitation |
$99,999
|
| Total des dépenses |
$99,999
|
| Revenu net d’exploitation |
$99,999
|
TAXES ET DÉPENSES D’EXPLOITATION (PRO FORMA - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | $99,999 |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annuel | $99,999 |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | $99,999 |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
FAITS SUR LA PROPRIÉTÉ
| Prix | 1 452 559 $ CAD | Statut | Actif |
| Prix/pi² | 222,38 $ CAD / pi² | Nombre de propriétés | 3 |
| Condition de vente | Ventes de portefeuille | Individuellement en vente | 0 |
| Taux de capitalisation | 11,31% | Taille totale du bâtiment | 6 532 pi² |
| Type de vente | Investissement ou propriétaire utilisateur | Superficie totale du terrain | 1,49 AC |
| Prix | 1 452 559 $ CAD |
| Prix/pi² | 222,38 $ CAD / pi² |
| Condition de vente | Ventes de portefeuille |
| Taux de capitalisation | 11,31% |
| Type de vente | Investissement ou propriétaire utilisateur |
| Statut | Actif |
| Nombre de propriétés | 3 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 6 532 pi² |
| Superficie totale du terrain | 1,49 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 100-102 W Gale St, Philadelphia, PA 19120 | Local d'activités | 6 532 pi² | 1995 | - |
| 5500-5502 N Front St, Philadelphia, PA 19120 | Terrain | 0,46 AC | - | - |
| 101 W Clarkson Ave, Philadelphia, PA 19120 | Terrain | 0,46 AC | - | - |
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Présenté par
FRG Realty Group LLC
100-102 W Gale St + 101 W Clarkson +5500
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