3928-50 N Old York Road
Philadelphia, PA, 19140 $ 799,999
Bedrooms-- Baths-- Sq 40,000 Monthly Estimate*
$ 4,926
for $799,999. This 40,000 square foot building was built in 1937 on a lot size of 0.81.
**Prime Commercial/Industrial Property on Nearly 1 Acre . Flexible Use Exceptional opportunity to acquire a unique commercial-industrial property comprised of multiple contiguous parcels totaling approximately 1 acre in a highly visible and strategically located Philadelphia corridor. Property offers a versatile mixed-use industrial layout ideal for owner-users, contractors, logistics operators, towing companies, fabricators, storage operators, fleet-based businesses, light industrial users, or investors seeking long-term upside and redevelopment potential. The property includes a residential house with office space, a rear metal fabrication/industrial shop, enclosed warehouse building, additional detached shop/work structure, and eight (8) income-producing storage rental units. The site also features substantial parking and outdoor storage capacity with potential use for truck parking, contractor yard operations, fleet vehicle parking, equipment storage, or similar commercial-industrial applications. Flexible operational layout allows for multiple business uses and income streams. Excellent accessibility, visibility, and operational functionality. Significant long-term value-add potential for expansion, repositioning, or redevelopment. Current ownership is relocating operations, creating a rare opportunity for qualified purchasers to acquire a substantial commercial-industrial footprint in Philadelphia. Property is being sold strictly AS-IS. Buyer responsible for all due diligence, zoning, licensing, and use verification. Private financing may be available through Legal Real Estate for financially qualified purchasers, subject to underwriting, financial review, satisfactory down payment, and mutually acceptable terms. ## **Property Highlights** * **Multiple Industrial Structures** * **Building 1:** Fully equipped metal fabrication facility. * **Building 2:** Large warehouse with heavy-duty steel storage capability. * **Building 3:** Dedicated paint shop ideal for fabrication or auto/industrial finishing. * **Additional Structure:** Includes a built-out apartmentperfect for on-site management, office conversion, or additional rental income. * **Substantial On-Site Storage** * **Eight (8) storage containers** currently used for materials and equipmentcan remain for added storage or income-producing rental. * **Secure, Versatile Outdoor Space** * Private **gated parking** for cars, trucks, work vehicles, and commercial equipment. * Large **open yard area**ideal for expansion, outdoor operations, fleet parking, or redevelopment. ## **Location Advantage** Positioned just minutes from: * **Temple Hospital** * **Temple University Lewis Katz School of Medicine** * **Temple Dental School** * **School of Pharmacy** * Student housing clusters and major transit corridors This corridor offers **excellent visibility, strong traffic counts, and easy accessibility**, making it suitable for a wide range of commercial, industrial, or redevelopment uses. ## **Ideal For** * Owner-operators in construction, fabrication, logistics, fleet storage, or contracting * Investors seeking multi-use commercial property * Developers looking for a nearly 1-acre site in an emerging corridor The flexibility of the land and existing buildings provides tremendous upside for both immediate use and long-term growth. ## **Financing Option** **Seller may consider financing a portion of the purchase price for a well-qualified buyer**, allowing eligible buyers to **avoid commercial lending costs** and accelerate closing. Terms are negotiable depending on buyer strength and proposal. ## **Your Opportunity** Whether expanding a business, creating a mixed-use commercial hub, or leveraging the property for rental income, **392850 Old York Road** offers unmatched potential in a central Philadelphia location.
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FeaturesInteriorHeating Fuel Natural Gas Electric
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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GeneralSewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Utilities Cable TV Phone Available Natural Gas Available Electric Available Sewer Available Water Available
Possession Negotiable Immediate Seller Rent Back Settlement Subject to Existing Lease
Zoning I2
Construction Materials Masonry Metal Siding Mixed Steel Siding
Exclusions All owner owned and leased equipment are not included in the sale but Negotiable Business name is not included in the sale but Negotiable
Year Built 1937
Electric 200+ Amp Service
Property Subtype Industrial
Tax Year 2024
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Business Type Flex
Accessibility 36 + wide Halls 32 + wide Doors >84 Garage Door 2+ Access Exits
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name HUNTING PARK
Possible Use Automotive Car Wash Commercial Development Distribution Flex Space Florist/Nursery Industrial Investment Land/Lot Only Livestock Manufacturing Mini-Storage Multi-Family Office Parking Professional Se
Water Access Y/N N
Status ACTIVE
Directions South on Route 1
City PHILADELPHIA
Disclosures Contract Pending Release
MLS Area 19140 (19140)
Lot Size Units Square Feet
Lot Size Square Feet 35487.00
Tax Annual Amount 4350.0
Property Condition Good
Price Per Sq Ft Total AG 133.33
Acceptable Financing Assumption Cash Contract Conventional Exchange Installment Sale Joint Venture Lease Purchase Negotiable Private Seller Financing Other Wrap Variable
Lease Considered Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 425
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ExteriorWater Source Public
Type of Parking Driveway Off Site Parking Lot Private Garage
Water View Y/N N
Building Area Total 6000.00
Lot Dimensions 240.00 x 238.00
Lot Size Acres 0.81
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 93240.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByLegal Real Estate LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,926
- Monthly Property Taxes
- $363
- 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.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $1,131,466
Percent of Sale Price 41%
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 |
|---|
| 12/11/2025 | $799,998 | 0.00% | Price Down |
| 10/24/2025 | $799,999 | 0.00% | Price Down |
| 7/31/2025 | $800,000 | -20.00% | Price Down |
| 7/15/2025 | $1,000,000 | | Listed Price |