1634 N Randolph Street

Investment Overview

MPN Realty is delighted to list 1634 N Randolph Street - a turnkey Office and Warehouse building in Olde Kensington. Originally built in 1925 and fully renovated in 2022, this two-story building offers approximately 2,540 SF* of flexible space on a 20’ x 99.5’ rectangular lot, ready for an owner-user or investor to move in on day one. The building is constructed of concrete block and brick on a concrete foundation, with a newer flat TPO roof. The roof framing was re-leveled to correct prior issues, giving the next owner a solid, level roof structure. The building has a split-level layout with the office upstairs. The second floor is fully built out with a kitchen, bathroom, conference room, desk space, and a 14’ x 14’ private office, ideal for a small business. Throughout the building, flooring is a mix of concrete, vinyl, and carpet. Heating and cooling are provided by five (5) electric mini-split units, supported by 200-amp electrical service. The garage and warehouse space features 18’ beams and a 13’ bay opening with a remote-operated garage door, which recently had its spring replaced. The ceiling is prepared for drywall, with spray foam insulation and back boxes for recessed lighting already installed, so the next owner can finish the space to suit their needs. The building is currently occupied by an audio-visual equipment specialist, and the owner went to great lengths to rig the space for optimal electrical hookup. The property is well equipped for modern business operations, with extensive low-voltage wiring for audio, video, cameras, and telecom, intercom wiring in place, and a monitored alarm system with five (5) zones. Additional features include one (1) dedicated parking spot and 20’ of frontage on N Randolph Street. *City of Philadelphia records have the square footage of the building at 1,940 SF. That figure may not include the approximately 600 SF second-floor office, which would bring the total to approximately 2,540 SF. Buyer should independently measure the building and verify the square footage to their own satisfaction.

Investment Highlights

• Originally built in 1925 and fully renovated in 2022
• Two-story building offers approximately 2,540 SF* of flexible space on a 20’ x 99.5’ rectangular lot
• Turnkey Office and Warehouse building in Olde Kensington
• Office upstairs with kitchen, bathroom, conference room, desk space, and a 14’ x 14’ private office
• Garage and warehouse space features 18’ beams and a 13’ bay opening with a remote-operated garage door
• Five (5) electric mini-split units and 200-amp electrical service
• Monitored alarm system with five (5) zones
• One (1) dedicated parking spot and 20’ of frontage on N Randolph Street