Address
2400 Kensington Avenue # 200, Philadelphia, PA
Price
$ 7,420
Property Attributes
- MLS#PAPH833080
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19125
- NeighborhoodEast Kensington
- Zip19125
- StyleProfessional,Flex,/General Retail,Warehouse
- Price$ 7,420
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14000
- Lot Size6,970 SqFt
Data Source:
Bright MLS
Property Description
COMMERCIAL OFFICE-EVENT-SPECIAL PURPOSE SPACE: This space is a strategic corner location steps from the train to Center City and sits in the center of massive residential development. The second floor offers 7,000 SF of raw undeveloped open, expansive office, event, or special purpose space with 9' ceilings and is available for immediate lease: 5-10 year negotiable lease, NNN. ||| Historically this space was used to store dry goods for a ground-level grocery. Today this space works nicely as a modern collaborative business co-working office center, business incubator, an expansive professional office setting, or as a professional event space. It can also serve nicely as a web development technology center, an advertising, and graphic studio, or as a special-use flex space. Let your imagination go to work to create a great office space model to serve the skyrocketing residential growth and development of the creative culture unfolding nearby. ||| The Landlord will provide a vanilla box, the Tenant is responsible for their fit-out and finishes. The prospective occupancy timeline is six months. A single tenant is preferred. This space can be subdivided into four equal-sized units. The minimum unit subdivision is 1,750 SF of rentable space. The common space will include two large unisex powder rooms, two staircases, connecting hallways, and a modest outdoor space. The common space load factor will be approximately 20% or 300 SF per unit. Net usable space 1,450 SF per unit. NNN is about $0.185/SF/Month or about $324/Unit/Month. Tenants pay all utilities, U&O, and trash removal.
| Price History | |
|---|---|
| 9/12/2019 | Listed $108,000 |
| 1/30/2020 | 93% - $8,500 |
| 7/6/2021 | 9% - $7,800 |
| 7/6/2021 | 5% - $7,420 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Utilities | Electric Available,Multiple Phone Lines,Natural Gas Available,Sewer Available,Water Available |
| Roof | Rubber |
| Zoning | CMX2 |
| Construction Materials | Masonry |
| Year Built | 1900 |
| Electric | 440 Volts,3 Phases |
| Unit Number | 200 |
| Property SubType | Office |
| Current Use | Office,Professional Service,Vacant |
| Business Type | Professional,Flex,Other/General Retail,Warehouse |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Lease |
| Subdivision Name | EAST KENSINGTON |
| Water Access Y/N | No |
| Transportation | Metro/Subway Station less than 1 mile |
| Status | ACTIVE |
| Directions | Corner: FRONT-YORK-KENSINGTON |
| ModificationTimestamp | 2024-02-18T15:37:10 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| Zoning Description | Commercial Retail // Office |
| Total Units | 2 |
| MLS Area | 19125 (19125) |
| Lot Size Square Feet | 6804.00 |
| Waterfront Y/N | No |
| Street Name | KENSINGTON |
| Property Condition | Average |
| Ok to Lease | 36 Months |
| Price Per Sq Ft | 1.06 |
| Leasable Area | 7000 |
| Vacation Rental Y/N | No |
| Availability Date | 2021-08-31 |
| Days on Market | 1693 |
| Location Type | Urban |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Yearly Rent |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Flooring | Concrete |
| Hot Water | Electric |
| Total Stories | 2 |
| Retail SQFT | 7000 |
| Office SQFT | 7000 |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
| Entry Level | 1 |
| Clear Span Ceiling Height | 8' to 10' |
Exterior Features
| Lot Features | Corner |
|---|---|
| Water Source | Public |
| Type of Parking | None |
| Water View Y/N | No |
| Building Area Total | 14000.00 |
| Lot Dimensions | 128.00 x 128.00 |
| Lot Size Acres | 0.16 |
| Road Frontage Length | 128 |
| Lot Size Units | Square Feet |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19125
Price
Visits
Year Built
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