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Daniel Rallo

danielrallo@kw.com +1(609) 338-7364

$ 11,667

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2400 KENSINGTON AVE #100 Philadelphia, PA 19125

14,000 SqFt

UPDATED:

09/30/2024 06:44 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

Square Footage 14,000 sqft

Subdivision East Kensington

MLS Listing ID PAPH832616

HOA Y/N N

Originating Board BRIGHT

Year Built 1900

Lot Size 6,804 Sqft

Acres 0.16

Lot Dimensions 128.00 x 128.00

Property Description

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.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Concrete

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available

Waterfront N

Water Access N

Roof Type Rubber

Accessibility Level Entry - Main, No Stairs

Parking Type None

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882250795

Ownership Other

Listed by Charles Balducci • KW Empower

Daniel Rallo

Broker Associate | License ID: 0448508

+1(609) 338-7364

Daniel Rallo

2400 KENSINGTON AVE #100 Philadelphia, PA 19125

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2400 KENSINGTON AVE #100