Tess Adams

$69,900

0.02 Acres

Philadelphia, Pennsylvania, 19125

Prime Mixed-Use Development Site | Heart of East Kensington2456 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 MomentumYou 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