265 W Berks St, PHILADELPHIA, PA

$10,950,000

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131,249

Square feet

2.55

Acres

About 265 W Berks St

MSC is pleased to exclusively present the opportunity to acquire 265 W. Berks Street & 272 W. Norris Street, a large-scale development site totaling approximately 131,249 square feet (3.01 acres) located at the heart of Philadelphia’s rapidly transforming American Street Corridor. Positioned within three miles of Center City and adjacent to thriving neighborhoods such as Fishtown, Northern Liberties, and Olde Kensington, this site offers investors and developers unparalleled access to one of the city’s most active growth zones. The property is situated in a combined ICMX & CMX-2 commercial zoning district, providing generous by-right density and height allowances suitable for a wide range of development scenarios including mixed-use, commercial, and institutional uses. Its placement within the Mixed-Income Neighborhood (MIN) Overlay encourages affordable housing integration and may unlock incentives for qualifying developers. Surrounding the site are significant anchors of culture, retail, and innovation including the Crane Arts Building, The Clay Studio, and NextFab, alongside national retail tenants such as The Learning Experience, Movement Gym, and Grocery Outlet. The property also benefits from excellent public transportation access and walkability, positioning it as a cornerstone of the corridor’s next phase of revitalization. This offering represents a unique chance to control a large-scale, transit-accessible, and development-ready site in one of Philadelphia’s most exciting and evolving submarkets.

Features of 265 W Berks St

MLS® # PAPH2487980
Price $10,950,000
Bathrooms 0.00
Square Footage 131,249
Acres 2.55
Year Built 1945
Type Commercial Sale
Sub-Type Land for Commercial Use
Status Active

Community Information

Address 265 W Berks St
Area 19122
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19122

Amenities

Is Waterfront No

Interior

Heating None
Cooling None
Has Basement No
Fireplace No

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed June 18th, 2025
Days on Market 124
Zoning ICMX
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMSC Retail, Inc.
Contact Info2155682600

Listing Map

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