$599,000

4220-4224 HOLMESBURG AVE, Philadelphia, PA 19136

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

7.3% Cap Rate | $44,000+ NOI | Fully Occupied Industrial Investment. Located just off Frankford Avenue with immediate access to I-95, 4220-4224 Holmesburg Avenue present a fully leased small-bay industrial asset in the highly desirable Holmesburg section of Northeast Philadelphia. The property offers approximately 4,452 square feet of drive-in warehouse space consisting of two 80’ x 21’ bays (1,680 SF each) and one 52’ x 21’ bay (1,092 SF), along with an additional 300 square foot office space suitable for administrative or support operations. One of the garage bays includes a bathroom for added convenience, and the property features new garage doors, enhancing functionality while minimizing near-term capital expenditures. The 52’ bay is currently connected to one of the 80’ bays but includes its own separate garage door and can easily be demised to create an additional independent unit, providing long-term leasing flexibility. The site also includes a 15-car parking lot, offering valuable on-site parking and outdoor utility rarely found with small-bay industrial properties in the area. The property is fully leased to two strong tenants, with one 80’ bay leased at $1,500 per month and the remaining space, including one 80’ x 21’ bay, one 52’ x 21’ bay, and the 300 square foot office, leased for $3,000 per month on a two-year lease. Tenants are responsible for electric and water, helping to minimize landlord expenses. ICMX zoning permits a wide variety of commercial and light industrial uses including contractor space, warehouse and distribution, storage, and auto-related operations. Annual real estate taxes total $4,888. Conveniently located near Cottman Avenue, Route 1, public transportation, and South Jersey bridges, this is a turnkey, income-producing asset offering stable cash flow in a prime Northeast Philadelphia industrial corridor.

Listing Status:
Active
Data Last Updated:
May 9, 2026 at 4:19PM
Listing Office:
Century 21 Advantage Gold-Southampton : 2153227050
Listing Agent:
Connery Koski : 2159544414
MLS ID:
PAPH2588884
  • A/C: Wall Unit
  • Heating: None
  • Disability Feature: None
  • Parking: Private
  • General: Metal Siding
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: ICMX884938997
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Connery Koski , Century 21 Advantage Gold-Southampton

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby