1839-41 E Somerset St, PHILADELPHIA, PA

$1,850,000

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21,418

Square feet

0.19

Acres

About 1839-41 E Somerset St

Select Commercial Advisors proudly presents the Somerset & Ruth Portfolio, an exceptional mixed-use assemblage spanning over 21,000 square feet across six contiguous properties with frontage on three streets in Kensington, North Philadelphia. This unique offering combines income-generating assets with significant future development potential, making it a prime opportunity for savvy investors and developers. This offering represents a rare chance to acquire a substantial footprint in a neighborhood poised for continued growth and revitalization. Whether you're looking to expand your investment portfolio or embark on a new development project, the Somerset & Ruth Portfolio promises both immediate returns and long-term value appreciation. The Somerset & Ruth assemblage includes two occupied buildings with garages - including a 14,500 square foot warehouse - two vacant buildings, and two vacant lots. The properties are ideally situated just one block from the Somerset Station in Kensington - an historic neighborhood bounded by Fishtown to the South, Port Richmond to the North, and the Delaware River to the East. The area is conveniently accessible via major transportation routes including Interstate 95 and SEPTA's Market-Frankford Line, providing easy connectivity to Center City and other parts of Philadelphia. Contact our team today to schedule a tour. Offering memorandum available upon request.

Features of 1839-41 E Somerset St

MLS® # PAPH2379744
Price $1,850,000
Bathrooms 0.00
Square Footage 21,418
Acres 0.19
Year Built 1920
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1839-41 E Somerset St
Area 19134
Subdivision KENSINGTON
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19134

Amenities

Is Waterfront No

Interior

Heating None
Cooling None
Has Basement No
Fireplace No

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed July 25th, 2024
Days on Market 55
Zoning RSA5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSelect Commercial Advisors
Contact Info(215) 315-3326

Listing Map

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