3928-50 N OLD YORK RD Philadelphia, PA 19140
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Hunting Park
MLS Listing ID PAPH2517018
Year Built 1937
Annual Tax Amount $4,350
Tax Year 2024
Lot Size 0.815 Acres
Acres 0.81
Lot Dimensions 240.00 x 238.00
Property Sub-Type Industrial
Source BRIGHT
Property Description
The property includes a residential house with office space, a rear metal fabrication/industrial shop, enclosed warehouse building, additional detached shop/work structure, and eight (8) income-producing storage rental units. The site also features substantial parking and outdoor storage capacity with potential use for truck parking, contractor yard operations, fleet vehicle parking, equipment storage, or similar commercial-industrial applications.
Flexible operational layout allows for multiple business uses and income streams. Excellent accessibility, visibility, and operational functionality. Significant long-term value-add potential for expansion, repositioning, or redevelopment.
Current ownership is relocating operations, creating a rare opportunity for qualified purchasers to acquire a substantial commercial-industrial footprint in Philadelphia.
Property is being sold strictly AS-IS. Buyer responsible for all due diligence, zoning, licensing, and use verification.
Private financing may be available through Legal Real Estate for financially qualified purchasers, subject to underwriting, financial review, satisfactory down payment, and mutually acceptable terms.
## **Property Highlights**
* **Multiple Industrial Structures**
* **Building 1:** Fully equipped metal fabrication facility.
* **Building 2:** Large warehouse with heavy-duty steel storage capability.
* **Building 3:** Dedicated paint shop ideal for fabrication or auto/industrial finishing.
* **Additional Structure:** Includes a built-out apartment—perfect for on-site management, office conversion, or additional rental income.
* **Substantial On-Site Storage**
* **Eight (8) storage containers** currently used for materials and equipment—can remain for added storage or income-producing rental.
* **Secure, Versatile Outdoor Space**
* Private **gated parking** for cars, trucks, work vehicles, and commercial equipment.
* Large **open yard area**—ideal for expansion, outdoor operations, fleet parking, or redevelopment.
## **Location Advantage**
Positioned just minutes from:
* **Temple Hospital**
* **Temple University Lewis Katz School of Medicine**
* **Temple Dental School**
* **School of Pharmacy**
* Student housing clusters and major transit corridors
This corridor offers **excellent visibility, strong traffic counts, and easy accessibility**, making it suitable for a wide range of commercial, industrial, or redevelopment uses.
## **Ideal For**
* Owner-operators in construction, fabrication, logistics, fleet storage, or contracting
* Investors seeking multi-use commercial property
* Developers looking for a nearly 1-acre site in an emerging corridor
The flexibility of the land and existing buildings provides tremendous upside for both immediate use and long-term growth.
## **Financing Option**
**Seller may consider financing a portion of the purchase price for a well-qualified buyer**, allowing eligible buyers to **avoid commercial lending costs** and accelerate closing. Terms are negotiable depending on buyer strength and proposal.
## **Your Opportunity**
Whether expanding a business, creating a mixed-use commercial hub, or leveraging the property for rental income, **3928–50 Old York Road** offers unmatched potential in a central Philadelphia location.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning I2
Interior
Hot Water Natural Gas
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 12.0
Utilities Available Cable TV, Phone Available, Natural Gas Available, Electric Available, Sewer Available, Water Available
Water Access N
Accessibility 36\"+ wide Halls, 32\"+ wide Doors, >84\" Garage Door, 2+ Access Exits
Total Parking Spaces 12
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 884508510
Ownership Fee Simple
Acceptable Financing Assumption, Cash, Contract, Conventional, Exchange, Installment Sale, Joint Venture, Lease Purchase, Negotiable, Private, Seller Financing, Other, Wrap, Variable
Listing Terms Assumption, Cash, Contract, Conventional, Exchange, Installment Sale, Joint Venture, Lease Purchase, Negotiable, Private, Seller Financing, Other, Wrap, Variable
Financing Assumption,Cash,Contract,Conventional,Exchange,Installment Sale,Joint Venture,Lease Purchase,Negotiable,Private,Seller Financing,Other,Wrap,Variable
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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