2842–52 & 2832–2840 Rosehill St, Philadelphia, PA 19134

Property Description

Rare opportunity in evolving Upper Kensington neighborhood to purchase a strategically located ICMX property consisting of a 4 story brick structure with large fenced-in parking including 2832 Rosehill Street and 2834 Rosehill Street. The offering includes the approximately 26,832 SF, four-story warehouse at 2832-52 Rosehill Street, plus an estimated 6,500 SF basement with above-grade windows. Each floor offers approximately 6,500 SF of flexible, open space suitable for a variety of permitted industrial and commercial uses. The property also includes an approximately 5,700 SF fenced side lot with curb cut and gated access, providing valuable secure parking, loading, and operational space. This industrial building offers a large contiguous lot for parking or potential additional development. The site could support commercial use or residential development, including potential apartments, mixed-use redevelopment, or an owner-user opportunity, subject to zoning and required approvals. The first floor is currently occupied by a longstanding tenant and includes a kitchen, bathrooms, and secure office areas. Floors 2 through 4 are available and may accommodate warehouse storage, manufacturing, artist studios, office space, or other uses permitted under ICMX zoning. A Phase I Environmental Site Assessment has been completed for the property, with no recognized environmental conditions (RECs) identified. The completed assessment provides additional due-diligence support for buyers considering the property's future investment, occupancy, or redevelopment potential. Located adjacent to the fully occupied Papermill Art Studios and just blocks from the renovated Orinoka Mills, a fully rented 50-unit apartment community, this property sits in an active and evolving section of the neighborhood. Excellent opportunity for users, investors, manufacturers, warehouse operators, artists, and businesses seeking flexible industrial space with multiple occupancy and configuration options including apartment development. Contact listing agent for additional details, parcel information, environmental documentation, and showing instructions. All uses and zoning requirements should be independently verified by the buyer.