Property Description

Exceptional investment opportunity in the rapidly developing Upper Kensington neighborhood! This substantial four-story brick industrial property, located at 2832–2852 Rosehill Street and including 2832 and 2834 Rosehill Street, offers approximately 26,832 SF of building space, an estimated 6,500 SF basement with above-grade windows, and an additional 5,700 SF fenced side lot with gated access and curb cut. Zoned ICMX, the property provides a versatile combination of existing occupancy, income potential, and future redevelopment possibilities. The building features approximately 6,500 SF per floor, with expansive, open layouts that can accommodate a variety of industrial and commercial operations. The first floor is occupied by a longstanding tenant and includes a kitchen, bathrooms, and secured office areas. The second, third, and fourth floors are currently available, presenting opportunities for additional leasing income, owner occupancy, or repositioning to suit a variety of permitted uses. The fenced side lot provides valuable additional space for secure parking, loading, storage, or operational needs. With its substantial footprint and flexible configuration, the property offers investors and developers the opportunity to explore multiple strategies, including multi-tenant leasing, industrial or commercial use, mixed-use redevelopment, or potential residential apartment development, subject to zoning, feasibility, and required approvals. Further enhancing the property's investment appeal, a Phase I Environmental Site Assessment has been completed, with no recognized environmental conditions (RECs) identified. This provides additional due-diligence information for prospective purchasers evaluating the property's acquisition and future plans. Situated next to the fully occupied Papermill Art Studios and just blocks from the renovated Orinoka Mills, a fully leased 50-unit apartment community, the property benefits from its location in a neighborhood experiencing ongoing investment and redevelopment. Whether your investment strategy involves generating additional rental income, expanding business operations, repositioning an industrial asset, or exploring future development opportunities, this property offers considerable flexibility in an evolving Philadelphia market. Contact the listing agent for additional information, parcel details, environmental documentation, and showing instructions. Buyer is responsible for independently verifying all property information, zoning classifications, permitted uses, and potential development opportunities.

Property Features

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