6123 W Passyunk Avenue
Philadelphia, PA, 19153
$
4,400,000
Bedrooms--
Baths--
Sq
68,500
Monthly Estimate*
$
27,450
for $4,400,000. This 68,500 square foot building was built in 1960 on a lot size of 1.38.
This rare 1.4-acre industrial property with I-3 zoning and an 8,160 square foot
flex/warehouse building offers a varied opportunities in a surging area of the
Philadelphia industrial market. A surge of recent activity in the area is demonstrating the tremendous value this pocket of the city can provide for a variety of business and logistic uses. The property sits just across the river from the new Bellwether District, a 17.5 million-square-foot industrial and life sciences project at the
former site of the Philadelphia Energy Solutions refinery. Right across the street, the new 5 acre soil recycling facility project by Alterra is well underway. This prime location on West Passyunk Ave offers easy
access to major transportation hubs, including I-76 , I-95, Philadelphia International Airport, and the growing epicenter of Philadelphia industrial. The Philadelphia Navy Yard complex is 10 minutes away. The property has direct access from both W. Passyunk Ave and S. 61st St, providing high visibility with over 64,000 vehicles per day along Passyunk Ave and 52,000 vehicles per day along 61st Street. With other anchor
industrial businesses all around, this area is bustling with development and is on track to being a key hub in the future of Philadelphias industrial market. This multi-tenant property generates over $28.5k in per month in rent with an additional $16.5k per month attainable from currently owner occupied space and the potential to generate approximately $59k per month upon fully utilizing the property and bringing each space to market rate. It is configured for both rental income and owner use, with a mix of month-to-month tenants and owner-occupied spaces, offering flexibility for future development.
The main building includes a front office, two drive-in entrances with roll-up doors, and a spacious garage and warehouse, sixteen feet clear-height ceilings, ideal for a variety of industrial uses. The property also features two apartments, a rear garage and warehouse, and a detached four-car garage for additional storage or workspace.
Recent upgrades have generated additional value, including newly coated roofs this year
and replaced Central A/C and heating systems throughout. There are three electric
service meters, one being 3-phase, and the property includes two 80-gallon water
heaters. Additionally, it is well-equipped with an in-ground lift operated by air
compressor, three above-ground lifts (approx. 11,000 lb capacity), and three floating I-
beam rail hoists (with capacities ranging from 30-40 tons), perfect for heavy-duty
operations. With two mobile trailer offices included in the sale, the property offers flexibility for
various business needs.
This industrial property, with its extensive features and prime location, presents a
unique opportunity for investors or business owners looking to capitalize on the area's
growth and connectivity and central location.
See more
Commercial
Active
Auto Related,Flex,,Warehouse
Features
Interior
Heating Fuel
Natural Gas
Hot Water
Natural Gas
Heating Y/N
Y
Central Air Y/N
N
Total Restrooms
4
See more
General
Sewer
Public Sewer
Heating
Central
Cooling
Other
Possession
Settlement
Roof
Flat
Zoning
I3
Construction Materials
Masonry
Exclusions
Tenant and owner personal and business property not noted above
Year Built
1960
Property Subtype
Industrial
Tax Year
2025
Ownership
Fee Simple
Cool Fuel
Electric
Municipality
PHILADELPHIA
Gross Income
540600.00
Business Type
Auto Related
Flex
Other
Warehouse
Accessibility
None
County
PHILADELPHIA
Operating Expense
37064.00
New Construction
N
Property Type
Commercial Sale
Water Access Y/N
N
Status
ACTIVE
Directions
west on West Passyunk Ave
City
PHILADELPHIA
MLS Area
19153 (19153)
Lot Size Units
Square Feet
Lot Size Square Feet
60078.00
Tax Annual Amount
10623.0
Price Per Sq Ft Total AG
520.71
Acceptable Financing
Cash
Conventional
Seller Financing
Vacation Rental Y/N
N
Virtual Tour
Standard Status
Active
Year Built Source
Assessor
Tax Lot
45
Cap Rate
8.34
See more
Exterior
Water Source
Public
Inclusions
Building warehouse
car lift
two trailers
other equipment negotiable
Type of Parking
Parking Lot
Other
Water View Y/N
N
Building Area Total
8450.00
Lot Dimensions
213.00 x 296.00
Lot Size Acres
1.38
Lot Size Source
Assessor
Waterfront Y/N
N
Other Equipment
Negotiable
Land Assessed Value
227670.00
Navigable Water Y/N
N
Water Oriented Y/N
N
See more
* Excluded Features
List By
Compass Pennsylvania, Llc
Broker
baldwin@compass.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $27,450
- Monthly Property Taxes
- $885
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Commerical listings in Philadelphia, PA
Average List Price
$1,088,582
Percent of Sale Price
75%
About Philadelphia, PA
1,588,239
Population
5%
Since 2002
$
42,223
Median Income
36
Median Age
24%
Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830
Elementary School
2137124
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
6/19/2025
|
$4,400,000
|
-2.22%
|
Price Down
|
|
6/5/2025
|
$4,500,000
|
-10.00%
|
Price Down
|
|
4/22/2025
|
$5,000,000
|
-9.09%
|
Price Down
|
|
2/24/2025
|
$5,500,000
|
-8.33%
|
Price Down
|
|
10/29/2024
|
$6,000,000
|
|
Listed Price
|