3547 49 Kensington Avenue, Philadelphia, PA 19134

Property Description

Welcome to Harrowgate, where tucked among construction cranes sits one of the most versatile mixed-use properties to hit the market. Two buildings. Three stories of raw warehouse glory. A wide-open storefront. And the bones to create something unforgettable. On the Kensington Avenue side, you’ll find a 40-foot-wide commercial building with a clean slate: a finished first-floor storefront perfect for a gallery, a cafe, a record shop, or production space with a full bath and laundry. Above that? A sun-soaked, roughed-in 2-bedroom apartment just begging for a design-forward finish. Out back, a separate one-bedroom unit is mid-renovation, giving you options. Live here, rent it, use it as studio space, you decide. But the real showstopper is behind the scenes: a three-story warehouse accessed from Ruth Street with its own 20-foot roll-up garage door and nearly 4,000 square feet of blank-canvas potential. High ceilings. Concrete floors. Power on every level. The first floor offers parking for up to five vehicles, perfect for loading, storage, or a future creative compound. Whether you’re a creative entrepreneur looking to build your HQ or a savvy investor calculating CAP rate potential, this property flexes with your goals. Finish out the apartments. Lease the warehouse. Keep the storefront for yourself, or rent it to the next vintage dealer, microbrewery, ​motorcycle fabricator, or custom furniture shop. The apartments and storefront can rent for $3,000/month while you work to develop the warehouse. The neighborhood is pulling in early developers, niche retailers, and smart money seeking space to grow. Two homes on the corner of the block are slated for demolition and development and new construction apartment buildings behind the property rent for $2,000/month. Shift Capital’s investments in the area (like MaKen Studios) hint at the area's long-term potential​ and Caphe Roasters and Cantina la Martina​ already got the memo. With proximity to the Tioga El stop and I-95, and a growing wave of redevelopment in the surrounding blocks, this is your chance to plant a flag before everyone else figures it out.

Property Features

Local Schools