4101 N Delaware Avenue, Philadelphia, PA for sale

Investment Overview

Binswanger is pleased to offer this investment opportunity in Port Richmond. The property consists of approximately 271,600 SF on 19.27 acres positioned waterfront to the Delaware River. Operators will have quick access to both I-95 and Betsy Ross Bridge. Originally placed into service in 1925 to support the booming population of Philadelphia, the generating station provided power by coal to the City. From the 1930s through the 1950s, generation capacity was added, and in 1960 oil-fired combustion generators were installed to accommodate the rapidly increasing population of the Northeast. In 1984, the plant ceased operations and was shut down. Currently, the plant sits idle with the adjacent warehouse, office, and outdoor storage leased to Durham School Services.

Investment Highlights

• Former Main Generating Station Size: 143,000 SF
• Former Office Building Size: 100,000 SF
• o Floor(s): Four (4)
• Office Building Size: 15,000 SF
• o Floor(s): Two (2)
• o Employee Elevator: 3,500 lb. Capacity
• Warehouse Building Size: 12,500 SF
• o Clear Height: 12’8”
• o Loading: Seven (7) Drive-in Doors
• o Crane Service: 25/5 Ton
• Auxiliary Building Size: 1,100 SF
• Concrete Pier: 400’ Length x 70’ Width
• Improvements: Multi-Level Coal Tower
• Wooden Pier: 340’ Length x 20’ Width
• Parking: 30+/- Car, Ample Truck Spaces
• Security: Fenced-in Lot
• Lot Size: 19.27 acres
• Zoning: I3 – Heavy Industrial (City of Philadelphia)
• Estimated 2025 Taxes: $150,264
• Easement: PECO
• Frontage: 1,500’ along Delaware River
• Delaware River Riparian Rights: 20+/- AC