About 2400 Kensington Ave #100
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.
Features of 2400 Kensington Ave #100
| MLS® # | PAPH832616 |
|---|---|
| Price | $11,667 |
| Bathrooms | 0.00 |
| Square Footage | 7,000 |
| Acres | 0.16 |
| Year Built | 1900 |
| Type | Commercial Lease |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 2400 Kensington Ave #100 |
|---|---|
| Area | 19125 |
| Subdivision | EAST KENSINGTON |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19125 |
Amenities
| Utilities | Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Rubber |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | September 12th, 2019 |
|---|---|
| Days on Market | 1854 |
| Zoning | CMX2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KW Empower |
|---|