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3945 Frankford Ave
Off-Market Call for Pricing
Call for Pricing
- 1 Units
- Unknown Sq Ft
- 78,610 Sq Ft
- Unknown Cap Rate
Description
This exceptional 1.8-acre property presents an outstanding opportunity for developers, offering the potential to construct 162 residential units by right under CMX-2 zoning. Currently, the site includes a 7,760 sq. ft. single-story building and a gated lot with 83 surface parking spaces. These are fully leased under a Triple Net Lease, generating $144,000 in annual rental income with scheduled yearly increases. The lease recently commenced with a five-year term, and the property also brings in an additional $10,000 annually from billboard revenue.
With lot dimensions of 371 x 200 feet, totaling 78,610 sq. ft., this prime site is strategically located in the vibrant Frankford neighborhood. It offers seamless access to major roadways, including I-95, the Betsy Ross Bridge, and US Route 1.
Public transportation is easily accessible, with a Walk Score of 83, a Transit Score of 64, and a Bike Score of 66. The property is just a short walk from the Erie-Torresdale Station on the MFL Frankford TC to 69th Street TC line.
Surrounded by parks such as Frankford Park, Harrowgate Park, and Gates Park, this location is ideal for future residential development. This rare investment opportunity combines a well-positioned, income-producing asset with remarkable development potential.
Don’t miss your chance to capitalize on this prime real estate opportunity!
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 | $3,000,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1955 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882021370 |
| MLS # | PAPH2421996 |
| Property ID | 321240931 |
| Lot Sqft | 78,610 |
| Zoning | CMX2 |
| Total Units | 1 |
| Date Updated | April 01, 2025 |
| Date Created | February 05, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Maria Maria Quattrone Quattrone an agent of . Lic #RS281573
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Data last updated: February 16, 2026.
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Robert Crawford
REAL ESTATE AGENT