Closed /
MLS #PAPH2325748 /
Commercial / Mixed Use /
PHILADELPHIA
Listing information updated 8/9/2024 at 12:41pm
A central location along the booming Norris Square neighborhood boasting almost 4,500 square feet of vacant space on the first and second floor along with 2200 square feet in the lower level, being sold with an adjoining lot, are two highlights that make 601 W Susquehanna Ave a fantastic investment/development opportunity. Formerly a corner grocery store and warehouse, this property is prime for a new owner to take advantage of its CMX2 zoning to create a varied mix of commercial, retail, and residential uses. Comparable sales 1 block away are in the $600,000.00 plus range. The first and second levels are completely open, with lots of windows flooding the spaces with natural light and huge ceiling heights. Roll-down doors help secure the first level, while roof-top access from the second level lets you view the city skyline, perfect for a future roof deck. The basement is just as expansive, making it ideal for storage. The adjoining lot has also been emptied, adding to the possible uses for the property. The project is located within a Federal Opportunity Zone which offers potential tax advantages, making it an attractive investment opportunity for savvy investors. It also presents an Amazing opportunity to bring your visionary concepts to life. 601 W Susquehanna Avenue's sought-after location is close to new construction, shopping centers, schools, parks, and public transportation. Plus, there's easy access to Temple University, Fishtown, and Northern Liberties. Schedule your showing today!
Listing Office: KW Empower
Listing Office Phone: 215.627.3500
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