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1318-24 W Luzerne St

4,770 SF Industrial Building Philadelphia, PA 19140 £312,980 (£66/SF)

Investment Highlights

  • 10 ft Gates

Executive Summary

This spacious 4,700 sq ft industrial warehouse offers drive-thru access with two large rolling gates (10 ft and 12 ft), making it ideal for logistics, manufacturing, or storage operations. Previously used for light-duty metal manufacturing, the building features 12 ft ceilings, providing flexibility for various business uses. The property sits on a large wrap-around lot with two shared driveways, offering ample space for parking, maneuverability, or future expansion. With its prime location and generous lot size, this property also presents a potential development opportunity for investors or owner-operators looking to grow their business. explore the possibilities and schedule a viewing of this versatile industrial space!

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes £863 £0.18
Operating Expenses £391 £0.08

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual £863
Annual Per SF £0.18
Operating Expenses
Annual £391
Annual Per SF £0.08
Total Expenses
Annual £1,254
Annual Per SF £0.26

Property Facts

Price £312,980
Price Per SF £66
Sale Type Owner User
Sale Conditions
Distress Sale
  • Development Sale
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • General Retail Auto Repair
  • General Retail Service Station
Building Class C
Rentable Building Area 4,770 SF
Number of Floors 1
Year Built 1950
Tenancy Single
Opportunity Zone Yes

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score ®
Very Walkable (78)
Transit Score ®
Excellent Transit (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
875104670
Land Assessment
£5,634
Improvements Assessment
£0
Total Assessment
£5,634
Annual Taxes
£863 (£0.18/sf)
Tax Year
2024

zoning

Zoning Code I2
I2
  • Listing ID: 33612114

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: 1318-24 W Luzerne St, Philadelphia, PA 19140

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