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100-102 W Gale St + 101 W Clarkson +5500 3 biens | À vendre | 907 410 € | Philadelphia, PA

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

  • Assemblage Opportunity – Three adjacent / nearby parcels totaling nearly 1 acre of land in Philadelphia’s 19120 corridor, ideal for mixed-use, multifa
  • Flexible Use Potential – Includes existing flex / warehouse / office space at 100-102 W Gale St plus vacant land at 101 W Clarkson St and 5500-5502 N
  • Prime Infill Location – High-visibility corner with access to major routes, public transit, and dense residential neighborhoods in the Olney / Upper N

RÉSUMÉ ANALYTIQUE

Property Portfolio Offering: 100-102 W Gale St • 101 W Clarkson St • 5500-5502 N Front St
Philadelphia, PA 19120 (Olney / Upper North Philadelphia Area)

Executive Summary
We are pleased to present a rare opportunity to acquire a well-positioned, multi-parcel real estate portfolio in Philadelphia’s 19120 corridor. This offering consists of three (3) contiguous / nearby properties: 100-102 W Gale St, 101 W Clarkson St, and 5500-5502 N Front St. Together, they offer the scale, site control, and redevelopment optionality that are hard to find in this submarket.
This portfolio is ideal for investors, owner-users, or developers looking to consolidate land, capture upside through repositioning, or implement value-add strategies in a growing, transit-oriented, and infill corridor.

Property Highlights & Key Strengths
100-102 W Gale St
• Known as the “Olney Flex Property” — flexible use zoning.
• Approximately ~3,600 SF of available space for lease, marketed as a flex / light industrial / office product.
• High-visibility corner location with strong frontage and exposure to passing traffic.
• Proximity to major brands and amenities: national chains like McDonald’s, Planet Fitness, ShopRite.
• Strategically positioned in the Olney node, offering access to transit and local business corridors.
• Opportunity for repositioning, densification, or conversion, depending on zoning allowances.
101 W Clarkson St + 5500-5502 N Front St
• Offered together as land parcels of ~0.92 acres total.
• Each parcel is approximately 0.46 acres.
• Asking price (as of the listing) for both parcels: $1,200,000
• Raw land presents a blank canvas for redevelopment — ideal for multifamily, mixed-use, townhomes, or associated ancillary uses within a unified development plan.
• These parcels provide the expansion or “assemblage potential” for a larger project when combined with adjacent holdings (e.g. Gale St site).
• Fronts N Front St, which is a corridor street, providing good access and visibility.
Portfolio-Level Advantages
• Scale: Together, the three parcels provide significant land area and flexibility.
• Control and optionality: Owning multiple adjacent parcels reduces fragmentation risk and offers design freedom.
• Value creation potential: Upside through rezoning, densification, or redevelopment — ideal for an investor with vision.
• Location in 19120 (Olney / Upper North): This submarket is seeing growing interest due to affordability relative to Center City, access to transit, and redevelopment momentum.
• Transit and connectivity: The area is served by city bus, proximity to major thoroughfares, and access to connecting neighborhoods.
• Visibility / traffic exposure (especially for Gale St parcel) ensures potential for commercial frontage uses or signage value.

Market Context & Submarket Dynamics
• The 19120 zip code (Olney and surrounding) remains an active investment corridor with moderate density, good transportation infrastructure, and growing demand for infill and mixed-use projects.
• Recent land listings in the area (including the 101 Clarkson + Front St combo) reflect prices consistent with redevelopment expectations.
• The Gale St parcel’s positioning along a high-traffic stretch with retail nodes nearby enhances its appeal to tenants or ground-level commercial users.
• The satellite parcels on Front / Clarkson help capture additional site depth, buffer zones, and assembly control, which many developers prefer.

• Offering price: $1,200,000 —based on a blended value of income potential, land replacement cost, and projected development value.

TAXES ET FRAIS D’EXPLOITATION (PRO FORMA - 2025) Cliquez ici pour accéder à

ANNUEL
Revenu de location brut $99,999
Autres revenus -
Perte due à la vacance -
Revenu brut effectif $99,999
Taxes $99,999
Frais d’exploitation $99,999
Total des frais $99,999
Résultat net d’exploitation $99,999

TAXES ET FRAIS D’EXPLOITATION (PRO FORMA - 2025) Cliquez ici pour accéder à

Revenu de location brut
Annuel $99,999
Autres revenus
Annuel -
Perte due à la vacance
Annuel -
Revenu brut effectif
Annuel $99,999
Taxes
Annuel $99,999
Frais d’exploitation
Annuel $99,999
Total des frais
Annuel $99,999
Résultat net d’exploitation
Annuel $99,999

INFORMATIONS SUR L’IMMEUBLE

Prix 907 410 €
Prix/m² 1 495 € / m²
Condition de vente Ventes de portefeuille
Taux de capitalisation 11,31 %
Type de vente Investissement ou propriétaire occupant
Statut Actif
Nb de biens 3
Individuellement en vente 0
Surface totale de l’immeuble 607 m²
Surface totale du terrain 0,6 ha

Biens

NOM DU BIEN/ADRESSE TYPE DE BIEN SURFACE ANNÉE DE CONSTRUCTION PRIX INDIVIDUEL
100-102 W Gale St, Philadelphia, PA 19120 Local d'activités 607 m² 1995 -
5500-5502 N Front St, Philadelphia, PA 19120 Terrain 0,19 ha - -
101 W Clarkson Ave, Philadelphia, PA 19120 Terrain 0,19 ha - -
Afficher plus > < Afficher moins
  • ID de l’annonce: 34111479

  • Date de mise sur le marché: 06/12/2024

  • Dernière mise à jour:

  • Adresse: 100-102 W Gale St + 101 W Clarkson +5500, Philadelphia, PA

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