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3875 Kensington Avenue is a stabilized, multi-tenant automotive and industrial (IOS) investment located on prominent Kensington Avenue in the Harrowgate section of Philadelphia. The property contains approximately 14,807 SF of improvements on a 2.37-acre, fully fenced and paved lot. The asset is leased to four separate automotive tenants producing $23,000 per month ($276,000 annually) in net income, offering an attractive 8.12% in-place cap rate at the asking price. Property features include seven drive-thru doors, one drive-in door, 12'-13' clear heights, multiple gated access points, and CMX-3 zoning, allowing for a wide range of commercial and industrial uses. The site benefits from excellent access to I-95, the Betsy Ross Bridge, and SEPTA transit, supporting long-term tenant demand and strong underlying land value.
| DAYS ON MARKET | 1 | LAST UPDATED | 12/23/2025 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | 19124 (19124) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19124 (19124) |
| HEAT | Forced Air, Natural Gas |
| LOT | 2.37 acre(s) |
| LOT DIMENSIONS | 320.00 x 356.00 |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 21762 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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