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Listed by Ian J Perler • KW Empower
$ 200,000
Est. payment | /mo
1,840 SqFt
$ 200,000
Est. payment | /mo
1,840 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,840 sqft
Price per Sqft $108
Subdivision Kensington
MLS Listing ID PAPH2480276
Year Built 1915
Annual Tax Amount $1,455
Tax Year 2024
Lot Size 1,840 Sqft
Acres 0.04
Lot Dimensions 16.00 x 115.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Presenting 3120 Kensington Avenue — a high-visibility mixed-use building in the heart of Philadelphia's rapidly developing Kensington neighborhood. This two-story property offers a prime opportunity for owner-users, investors, or developers to reimagine and revitalize a well-located asset along one of the city's major commercial corridors.
Zoned CMX-3, the building features a commercial storefront on the first floor, ideal for retail, office, or service-based businesses that benefit from steady foot and vehicle traffic along Kensington Avenue. The second floor is currently configured as storage, offering the potential for conversion to residential or office use, subject to zoning and renovation plans.
While the building requires work, it offers a blank canvas for customization—whether for a boutique retail shop, neighborhood café, or a live/work space. The flexible zoning supports a range of uses, allowing buyers to adapt the space to meet market demand and community needs.
This is a great opportunity to invest in a corridor that is seeing ongoing redevelopment and renewed interest from small businesses and residents alike. Buyers are encouraged to verify permitted uses with the city to fully leverage the property's potential.
Whether you're an entrepreneur seeking a visible storefront or a developer looking to add value through thoughtful upgrades, 3120 Kensington Avenue offers the foundation for a strong investment!
Zoned CMX-3, the building features a commercial storefront on the first floor, ideal for retail, office, or service-based businesses that benefit from steady foot and vehicle traffic along Kensington Avenue. The second floor is currently configured as storage, offering the potential for conversion to residential or office use, subject to zoning and renovation plans.
While the building requires work, it offers a blank canvas for customization—whether for a boutique retail shop, neighborhood café, or a live/work space. The flexible zoning supports a range of uses, allowing buyers to adapt the space to meet market demand and community needs.
This is a great opportunity to invest in a corridor that is seeing ongoing redevelopment and renewed interest from small businesses and residents alike. Buyers are encouraged to verify permitted uses with the city to fully leverage the property's potential.
Whether you're an entrepreneur seeking a visible storefront or a developer looking to add value through thoughtful upgrades, 3120 Kensington Avenue offers the foundation for a strong investment!
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX3
Interior
Hot Water Other
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871544320
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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