2413-2423 N American St 91,035 SF Industrial Building Philadelphia, PA 19133 $14,378,000 CAD ($157.94 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Large Industrial Space
  • Situated along a main transportation artery
  • Storage and Distribution Capabilities

EXECUTIVE SUMMARY

This rare full-city-block opportunity in a rapidly growing industrial and commercial hub offers prime development potential for investors, developers, or businesses looking to secure a key site in one of Philadelphia’s most active corridors.
The first parcel, 2401-11 N American St, is a 12,175 sqft vacant corner lot, perfectly suited for industrial, commercial, or mixed-use development, or alternatively, it could be utilized as surface parking for added convenience. Adjacent to it, 2413-23 N American St features a 5-story industrial warehouse with over 91,000 sqft above grade. Situated on a 22,960 sqft parcel, the 19,000 sqft building footprint includes 2 freight elevators, 2 stairwells, and 3 loading docks, making it highly functional for warehousing, manufacturing, or creative workspaces. Completing the assemblage, 2425-39 N American St adds 25,739 sqft, further expanding the footprint and providing additional development flexibility. Zoned ICMX (Industrial Commercial Mixed-Use), the entire block is primed for transformation, whether for redevelopment, adaptive reuse, or continued industrial use.
Additionally, the property offers a short-term leaseback option with flexible terms, providing an opportunity for immediate cash flow while development plans are finalized. With excellent proximity to major transportation routes and a surge of new development in the surrounding area, this is a prime investment opportunity in a highly sought-after corridor.

PROPERTY FACTS

Price $14,378,000 CAD
Price Per SF $157.94 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.12 AC
Rentable Building Area 91,035 SF
No. Stories 5
Year Built 1917
Tenancy Single
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 3
Opportunity Zone Yes

AMENITIES

  • Security System
  • Storage Space

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (73)
Bike Score®
Very Bikeable (71)

PROPERTY TAXES

ZONING

Zoning Code G2, Philadelphia
  • Listing ID: 35177643

  • Date on Market: 2025-03-18

  • Last Updated:

  • Address: 2413-2423 N American St, Philadelphia, PA 19133