Property

Philadelphia, PA 19122 265 W Berks Street

265 W Berks Street Philadelphia, PA - Image 1265 W Berks Street Philadelphia, PA - Image 2265 W Berks Street Philadelphia, PA - Image 3
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265 W Berks Street Philadelphia, PA - Image 4265 W Berks Street Philadelphia, PA - Image 5265 W Berks Street Philadelphia, PA - Image 6265 W Berks Street Philadelphia, PA - Image 7265 W Berks Street Philadelphia, PA - Image 8265 W Berks Street Philadelphia, PA - Image 9
Presented By: MSC Retail, Inc.
  • MLS# PAPH2487980
  • 06/18/2025
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  • SQFT • 131,249

Home Details

MSC is pleased to exclusively present the opportunity to acquire 265 W. Berks Street & 272 W. Norris Street, a large-scale development site totaling approximately 131,249 square feet (3.01 acres) located at the heart of Philadelphias rapidly transforming American Street Corridor. Positioned within three miles of Center City and adjacent to thriving neighborhoods such as Fishtown, Northern Liberties, and Olde Kensington, this site offers investors and developers unparalleled access to one of the citys most active growth zones. The property is situated in a combined ICMX & CMX-2 commercial zoning district, providing generous by-right density and height allowances suitable for a wide range of development scenarios including mixed-use, commercial, and institutional uses. Its placement within the Mixed-Income Neighborhood (MIN) Overlay encourages affordable housing integration and may unlock incentives for qualifying developers. Surrounding the site are significant anchors of culture, retail, and innovation including the Crane Arts Building, The Clay Studio, and NextFab, alongside national retail tenants such as The Learning Experience, Movement Gym, and Grocery Outlet. The property also benefits from excellent public transportation access and walkability, positioning it as a cornerstone of the corridors next phase of revitalization. This offering represents a unique chance to control a large-scale, transit-accessible, and development-ready site in one of Philadelphias most exciting and evolving submarkets.
Presented By: MSC Retail, Inc.

Interior Features for 265 W Berks Street

Other Interior Features

Central Air Y/NNo
Heating FuelNone
Hot WaterNone

General for 265 W Berks Street

AccessibilityNone
Business TypeBig Box Retail, Auto Related, Apartment Building, Institutional, Medical, Professional, Recreation, Supermarket/Grocery Store, Theater, Warehouse
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsNorth on American Street
HeatingNone
Lot Size Square Feet111264.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-06-18T06:20:07
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionImmediate
Property SubtypeLand for Commercial Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount131414.0
Tax Assessed Value9388100.0
Tax Lot285
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1945
Year Built SourceAssessor
ZoningICMX

Exterior for 265 W Berks Street

Building Area Total0.00
Land Assessed Value9200338.00
Land Use CodeLC0
Lot Dimensions264.00 x 490.00
Lot Size Acres2.55
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Aneesa Pinheiro

Associate
Price $10,950,000
MLS#PAPH2487980
List Date 06/18/2025
Property Type Commercial
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