265 W Berks Street Philadelphia, PA $ 10,950,000
265 W Berks Street
$ 10,950,000
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265 W Berks Street

Philadelphia, PA, 19122
$ 10,950,000
Bedrooms-- Baths-- Sq 131,249

Monthly Estimate*

$ 67,421

265 W Berks Street, Philadelphia, PA 19122 - Image 1
265 W Berks Street, Philadelphia, PA 19122 - Image 2
265 W Berks Street, Philadelphia, PA 19122 - Image 3
265 W Berks Street, Philadelphia, PA 19122 - Image 4
265 W Berks Street, Philadelphia, PA 19122 - Image 5
265 W Berks Street, Philadelphia, PA 19122 - Image 6
265 W Berks Street, Philadelphia, PA 19122 - Image 7
265 W Berks Street, Philadelphia, PA 19122 - Image 8
265 W Berks Street, Philadelphia, PA 19122 - Image 9
265 W Berks Street, Philadelphia, PA 19122 - Image 10

Commercial Property for sale in Philadelphia, PA

for $10,950,000. This 131,249 square foot building was built in 1945 on a lot size of 2.55.

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.

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Commercial Active

Price

$ 10,950,000

Property Type

Commercial

Taxes

$ 131,414

Style

Big Box Retail,Auto Related,Apartment Building,Ins

Lot Size

2.55

Year Built

1945

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2487980

Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Immediate
Zoning ICMX
Construction Materials Masonry
Year Built 1945
Property Subtype Land for Commercial Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Big Box Retail Auto Related Apartment Building Institutional Medical Professional Recreation Supermarket/Grocery Store Theater Warehouse
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions North on American Street
City PHILADELPHIA
Number Of Units Total 5
MLS Area 19122 (19122)
Lot Size Units Square Feet
Lot Size Square Feet 111264.00
Tax Annual Amount 131414.0
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 285
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 264.00 x 490.00
Lot Size Acres 2.55
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 9200338.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 265
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* Excluded Features
List By
Msc Retail, Inc.

Broker

jcooper@hellomsc.com

Email

Affordability Calculator

$78,372
Per Month
86%
14%
0%
Monthly Principal & Interest
$67,421
Monthly Property Taxes
$10,951
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2025$10,950,000 Listed Price

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265 W Berks Street, Philadelphia, PA, 19122 is a Commercial Property for sale at $10,950,000 with 131,249 sqft and a lot size of 2.55. 265 W Berks Street was built in 1945. The property's zip code is 19122 which is in Philadelphia, PA