• Units
• Unknown Sq Ft
• 1,235 Sq Ft
• Unknown Cap Rate

Description

Rare investment opportunity in the heart of rapidly transforming East Kensington! Offering a three-property package sale for $900,000, including 2603, 2605, and 2607 Frankford Avenue—all zoned CMX-2, providing exceptional flexibility for future redevelopment, commercial use, and long-term hold strategies. This stretch of Frankford Avenue continues to see strong momentum with new construction, local business growth, and neighborhood improvements, making this an ideal opportunity for investors, developers, and owner-users looking to secure a foothold in one of Philadelphia’s most active emerging corridors.

One of the biggest advantages of this package is the visibility and exposure that comes with being located directly along Frankford Avenue. Strategically positioned on Frankford Avenue, a major corridor with consistent traffic counts, offering exceptional branding and customer visibility, this location is ideal for an operator looking to establish a destination concept, capture neighborhood activity, and benefit from constant daily exposure.

The highlight of the package is 2607 Frankford Avenue, a unique industrial/garage-style building that spans from Frankford Avenue through to Amber Street, creating a rare through-lot footprint with multiple points of access. In addition to the expansive interior garage space, the property also features a generously sized driveway area with potential parking for approximately four vehicles, offering added convenience and versatility. Buyers can explore a wide variety of potential uses (subject to City approvals), including conversion into a trendy neighborhood destination such as a coffee shop, brewery/taproom concept, car wash, creative studio, maker space, or other high-demand commercial concepts that align with the continued growth happening throughout the area.

With three adjacent properties under the same CMX-2 zoning designation, this package presents an outstanding value-add opportunity for those seeking to reposition, redevelop, or hold for future appreciation as East Kensington continues to evolve. Buyer to verify zoning, permitted uses, and development potential with Philadelphia L&I and all appropriate professionals.