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2400 Kensington Ave
Off-Market Call for Pricing
Call for Pricing
- 2 Units
- Unknown Sq Ft
- 6,804 Sq Ft
- Unknown Cap Rate
Description
COMMERCIAL RETAIL ENTREPRENEUR ALERT: This ground-level space is a strategic corner location steps from the train to Center City and sits in the center of massive nearby residential development. The first-floor space is capped with a tall 11.5' ceiling throughout. A 1,000 SF basement holds mechanicals. Historically this building has been used as a grocery. It presently offers a large 'walk-in' for refrigeration and a deli area with a superb high-capacity pizza hearth. Today this space works nicely as a redefined modern grocery, market, pharmacy, or foodservice commissary. The space also works nicely as an expansive corner department store. Let your imagination go to work to create a great retail model to serve the skyrocketing residential growth and development of the creative culture unfolding nearby. The building sits strategically one hundred feet from the York Street high-speed transit terminal to Center City. ||| This opportunity is 7,000 SF of open, expansive retail space available for immediate lease: 5-10 year negotiable lease, NNN. Single Tenant. No Sublease. The tenant is responsible for their buildout. NNN is approximately $0.185/SF/Month or $15,400 per year: 50% of property tax, insurance, water-sewer. Tenant pays all utilities, U&O, trash, and snow removal.
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Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $11,667 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882250795 |
| MLS # | PAPH832616 |
| Property ID | 293687064 |
| Lot Sqft | 6,804 |
| Zoning | CMX2 |
| Total Units | 2 |
| Date Updated | September 30, 2024 |
| Date Created | September 11, 2019 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Charles Balducci an agent of . Lic #RS286990
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Data last updated: January 03, 2025.
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