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Listed by Josh Pagan • Keller Williams Main Line
$ 1,300,000
Est. payment | /mo
5,739 Sqft Lot
$ 1,300,000
Est. payment | /mo
5,739 Sqft Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2678886
Year Built 1925
Annual Tax Amount $6,822
Tax Year 2026
Lot Size 5,739 Sqft
Acres 0.13
Property Sub-Type Industrial
Source BRIGHT
Property Description
1301 W Cumberland Street is a 16,248 SF corner building on a 5,739 SF lot in North Philadelphia, delivered in shell condition and ready for a developer's vision. A use permit for 24 apartments was issued in 2021, giving a buyer a defined path to a multifamily project.
The shell condition is an advantage: there are no existing finishes to demolish and no tenants to work around. The corner position provides two street frontages, bringing light and air to multiple sides of the building and flexibility in unit layouts and entrances. At roughly 677 gross SF per permitted unit, the building suits an efficient mix of apartments.
The property sits one block off North Broad Street, close to the Broad Street Line and Temple University, in a part of the city with steady rental demand and continued investment.
Property highlights
16,248 SF building in shell condition
5,739 SF corner lot with two street frontages
Use permit issued in 2021 for 24 apartments
Zoned I-2
Close to North Broad Street, public transit, and Temple University
The shell condition is an advantage: there are no existing finishes to demolish and no tenants to work around. The corner position provides two street frontages, bringing light and air to multiple sides of the building and flexibility in unit layouts and entrances. At roughly 677 gross SF per permitted unit, the building suits an efficient mix of apartments.
The property sits one block off North Broad Street, close to the Broad Street Line and Temple University, in a part of the city with steady rental demand and continued investment.
Property highlights
16,248 SF building in shell condition
5,739 SF corner lot with two street frontages
Use permit issued in 2021 for 24 apartments
Zoned I-2
Close to North Broad Street, public transit, and Temple University
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning I2
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 95.0
Water Access N
Accessibility None
Total Parking Spaces 95
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 884347783
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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