$ 1,625,000
-
$1,625,000
Price -
0
Bed -
0
Bath -
24,373
SqFt
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About the Listing COMPASS1 - 3127727
IRMX Mixed-Use Industrial | ±24,000 SF Adaptive-Reuse Opportunity Substantial former industrial building positioned along one of the most actively evolving stretches of Germantown Avenue, where historic warehouses are increasingly being repositioned for creative commercial, residential, and mixed-use projects. The property totals approximately 24,000 square feet across interconnected structures and sits on a 0.17-acre parcel with roughly 40 feet of frontage and a depth of about 123 feet. The existing improvements date to the early 20th century and retain the character that continues to attract adaptive-reuse investment throughout Olde Kensington and Fishtown’s expansion corridor. Exposed timber beams, original hardwood flooring, and three sides of windows provide the volume and natural light sought by modern office, studio, or maker-space users. The building is serviced by two stairwells and an elevator, with multiple restrooms already distributed throughout. At grade, polished concrete floors and three garage bays with individual overhead doors support light industrial, production, or flexible commercial occupancy. Zoned IRMX, the property sits within a district intended to accommodate a blend of low-impact industrial, artisan, and residential uses—an approach created to allow legacy industrial buildings to transition into mixed-use environments without losing employment-generating functions. This zoning framework has shaped nearby projects that integrate residential units with ground-floor industrial or creative workspace, reinforcing the corridor’s hybrid live-work character. Surrounding Germantown Avenue has seen continued reinvestment, including newer flex and mixed-use buildings and additional infill residential development contributing to the neighborhood’s steady transformation. With five connected structures, fee-simple ownership, and vacancy allowing immediate repositioning, the property offers a clear path for an owner-user, investor, or developer seeking scale in a location bridging Northern Liberties, Fishtown, and Kensington. The roof structure and massing also lend themselves to potential amenity or deck conversion, subject to approvals. Ideal for: creative office, light production, multi-tenant commercial, or phased mixed-use redevelopment consistent with the corridor’s ongoing adaptive-reuse trend.
Listing Highlights
Status
Active With Contingency
Days on Site
31
Property Type
Commercial Sale
MLS ®
PAPH2585204
Year Built
1920
Total Square Footage
24,373
Lot/Acreage
0.17
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 40.00 x 133.00
- Zoning: IRMX
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Private Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $10,235
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2101 Germantown Ave Philadelphia, PA 19122
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