2401 39 N American St

Highlights:

• Days on Market: 104

Description:

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 with excellent visibility and accessibility, ideal for industrial, commercial, or mixed-use development. Adjacent to it, 2413-23 N American St features a 5-story industrial warehouse with additional floors below grade, totaling 115,000+ sqft of internal space. 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 further expands the footprint, offering 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.