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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.
Property Type(s):
Commercial
| Last Updated | 9/19/2024 | Tract | KENSINGTON |
|---|---|---|---|
| Year Built | 1920 | Community | 19134 (19134) |
| County | PHILADELPHIA |
Price History
| Prior to Sep 19, '24 | $1,850,000 |
|---|---|
| Sep 19, '24 - Today | $1,675,000 |
Additional Details
| AREA | 19134 (19134) |
|---|---|
| LOT | 8276 sq ft |
| LOT DIMENSIONS | 40.00 x 144 |
| SEWER | Public Sewer |
| SUBDIVISION | KENSINGTON |
| TAXES | 4316 |
| WATER | Public |
| ZONING | Use Code: PB0 Comm: Auto Repair Shop, Masonry |
Location
Listing provided by Select Commercial Advisors
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 1/10/25 7:44 AM PST
This IDX solution is (c) Diverse Solutions 2025.
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