819 Sqft Lot
819 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision East Kensington
MLS Listing ID PAPH2590894
HOA Y/N N
Annual Tax Amount $1,247
Tax Year 2025
Lot Size 819 Sqft
Acres 0.02
Lot Dimensions 14.00 x 61.00
Property Sub-Type Land
Source BRIGHT
Property Description
2456 Kensington Ave, Philadelphia, PA 19125 |
Stop looking at an empty lot and start looking at a high-yield investment in one of Philadelphia's most aggressive growth corridors. Situated directly on the Kensington Avenue commercial artery, this CMX-2 zoned parcel is a "by-right" powerhouse designed for a modern mixed-use masterpiece. |
The Development Math (CMX-2 Zoning Stats)
This isn't just land; it's a blueprint for cash flow. Under Philadelphia's CMX-2 (Commercial Mixed-Use) guidelines, your vision is backed by robust urban density standards:
By-Right Potential: Build a 3-story mixed-use structure featuring a ground-floor storefront (perfect for neighborhood-serving retail, a "Convenience Store," or a cafe) with two levels of high-end apartments above.
Max Height: 38 feet (Base), allowing for generous ceiling heights and premium loft-style finishes.
Lot Occupancy: Up to 75% for intermediate lots, maximizing your rentable square footage.
Frontage & Depth: Ground floor commercial depth requirements (minimum 30 ft) ensure a functional, tenant-ready retail space that activates the streetscape.
Residential Density: CMX-2 allows for efficient multi-family units (subject to lot area per unit requirements), ideal for the surging rental demand in 19125.
Location & Market Momentum
You are positioned in the "Goldilocks" zone of East Kensington—where the grit of the industrial past meets the high-end polish of new construction.
Connectivity: A "Walker's Paradise" and "Rider's Paradise." You are steps from the Market-Frankford Line, whisking tenants to Center City in under 15 minutes.
Neighborhood Synergy: Surrounded by successful anchors like Martha, Philadelphia Brewing Co., and a constant influx of boutique fitness and creative offices.
The 2026 Forecast: With local property values in Kensington seeing significant year-over-year appreciation, this is the time to build. The market is shifting toward transit-oriented, mixed-use living—exactly what this lot offers.
Investment Opportunity: Secure this parcel now to take advantage of the 2026 spring development season. Buyer is responsible for City Certification.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 311039600
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
Nearby Locations
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