CHARIS REALTY GROUP

5416 LENA STREET 26

PHILADELPHIA , PA 19144

MLS#: PAPH2582956

$1,400,000

Status: Active
Listing number: PAPH2582956
Listing provided by: Keller Williams Main Line
Listing agent phone: None
Last update: a day ago
New on site 4 days ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

N/A

5416–22 Lena Street is a three-story industrial building totaling 24,576 square feet, located just steps from Germantown Avenue in Philadelphia’s 19144 neighborhood. The property sits on a 15,500 square foot lot and presents a fully entitled residential redevelopment opportunity in a rapidly evolving corridor. From March 2025 through October 2025, ownership pursued and successfully obtained a zoning variance to convert the property from Industrial to Residential Multi-Family use. On October 29, 2025, the Zoning Board of Adjustment approved redevelopment of the existing three-story structure for up to 23 dwelling units, along with 16 accessory off-street surface parking spaces located on the adjacent lot. Please note that the current architectural drawings and financial modeling are based on 19 residential units plus 16 parking spaces, not the full 23 units approved by zoning. Following zoning approval, a zoning permit was issued. On January 5, 2026, the Department of Licenses & Inspections (L&I) and the Survey District approved a lot line relocation, consolidating the building lot and adjacent side lot into one parcel, one address (5416 Lena Street), and one tax account, simplifying ownership and future development. The project has been submitted to the Philadelphia Historical Commis. , with an upcoming hearing anticipated later this month. The submission includes full architectural and structural drawings. Upon historic approval, ownership plans to proceed with building permit submission, currently targeted for March–April 2026. This offering provides a rare opportunity to acquire a zoning-approved, shovel-ready redevelopment site with parking, consolidated parceling, and advanced entitlement progress in Northwest Philadelphia.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Electric, Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.36

  • Property Type

    Commercial Sale

  • Property Sub Type

    Industrial

Price

  • Sales Price

    $1,400,000

  • Tax Amount

    10320.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    3012

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Sam A Akif , Keller Williams Main Line

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Michele Barkman

AGENT

Michele Barkman

Call Michele today to schedule a private showing.

(814) 285-6250

michelebarkman@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
5416–22 Lena Street is a three-story industrial building totaling 24,576 square feet, located just steps from Germantown Avenue in Philadelphia’s 19144 neighborhood. The property sits on a 15,500 square foot lot and presents a fully entitled residential redevelopment opportunity in a rapidly evolving corridor. From March 2025 through October 2025, ownership pursued and successfully obtained a zoning variance to convert the property from Industrial to Residential Multi-Family use. On October 29, 2025, the Zoning Board of Adjustment approved redevelopment of the existing three-story structure for up to 23 dwelling units, along with 16 accessory off-street surface parking spaces located on the adjacent lot. Please note that the current architectural drawings and financial modeling are based on 19 residential units plus 16 parking spaces, not the full 23 units approved by zoning. Following zoning approval, a zoning permit was issued. On January 5, 2026, the Department of Licenses & Inspections (L&I) and the Survey District approved a lot line relocation, consolidating the building lot and adjacent side lot into one parcel, one address (5416 Lena Street), and one tax account, simplifying ownership and future development. The project has been submitted to the Philadelphia Historical Commis. , with an upcoming hearing anticipated later this month. The submission includes full architectural and structural drawings. Upon historic approval, ownership plans to proceed with building permit submission, currently targeted for March–April 2026. This offering provides a rare opportunity to acquire a zoning-approved, shovel-ready redevelopment site with parking, consolidated parceling, and advanced entitlement progress in Northwest Philadelphia.

5416 LENA STREET 26

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Exclusive Investment Opportunity in Fishtown! We are pleased to present the exclusive sale of 2121-23 E Dauphin Street, a prime 10-unit apartment building in the heart of one of Philadelphia's most sought-after neighborhoods: Fishtown. This property offers a fantastic opportunity for investors looking for a stable, cash-flowing asset in a highly desirable location. The 10 fully renovated units were completed in 2019, offering modern finishes and strong appeal to tenants plus peace of mind for a property owner to not have to handle cumbersome renovations. One one-bedroom unit and 9 studios make up with the building - rent roll available upon request. This prime location keeps the demand high for these units. Just one block from the Market-Frankford Line (“The El”) and a short distance to the I-95 entrance, offering easy access to Center City, New York, and Washington D.C. Tenants will enjoy living steps from nationally acclaimed bars, restaurants, and local gems including like ZigZag BBQ, Martha, Vessel Collective Coffee, Riverwards Produce, Fiore, Philadelphia Brewing Co, Yuhiro Sushi, Lost Time Brewing Co, Tulip Pasta and Wine, Mural City Winery, and many, many more.
#PAPH2449214

PHILADELPHIA

2121 E DAUPHIN STREET 23

None Beds

None Baths

2,966 Sq.Ft.

$1,245,000

MLS#: PAPH2449214

Price includes Pennsylvania R liquor license, a $185,000 value. Don't miss this opportunity to own and operate a turn-key bar/restaurant with a dedicated outdoor patio in Olde Kensington/Fishtown neighborhood. Fully-equipped kitchen, multiple bars, large dining room and attic for storage. Double-wide property is booming area with 10,000 new residential units.
#PAPH2330398

PHILADELPHIA

1359-61 N 2ND STREET

None Beds

None Baths

3,510 Sq.Ft.

$1,550,000

MLS#: PAPH2330398

Corner Industrial Property For Sale, in the Frankford/Harrowgate area of Philadelphia.  Approx 10,814 SqFt (with 2,000+/- SF on the second floor).  This very well built block and brick constructed building is currently owner occupied by an appliance warehouse, but will be delivered vacant. ICMX Zoned with many possible approved uses.  Features three roll up doors (approx 12'x14', 10'x10', 4'x8'), 3 Phase electrical service, 16' column spacing, 14' clear span to the beam (17' 4" to ceiling). 14,000+ VPD traffic counts at the closest intersection.  Very close proximity to Frankford Ave, Kensington Ave, Erie Ave, Torresdale Ave & Aramingo Ave.
#PAPH2468690

PHILADELPHIA

3846 CORAL STREET

None Beds

None Baths

10,814 Sq.Ft.

$1,250,000

MLS#: PAPH2468690

Exciting Real Estate Opportunity in Philadelphia! Price Improvement Introducing a remarkable $1.4 million listing located on 2nd St, just steps away from Lehigh Avenue in the vibrant city of Philadelphia. This exclusive package encompasses a diverse range of properties, presenting a unique investment opportunity for developers and visionaries. This comprehensive package includes: - A Spacious Warehouse: Perfect for manufacturing, storage, or retail purposes, the warehouse offers ample square footage and high ceilings, providing versatility for various business needs. - A Fully Equipped Mechanic Garage: Ideal for automotive entrepreneurs, this garage is set up for operations, featuring all necessary equipment to start generating income immediately. - A Stunning 5 Bedroom, 3 Bath Loft: This beautifully designed loft offers modern living with plenty of space for families or tenants. With stylish interiors and abundant natural light, it provides a fantastic living experience. - 2 Shell Properties: These adjacent shell properties offer a blank canvas for further development, remodeling, or conversion into additional residential or commercial units, maximizing the potential of this incredible investment. This package presents a huge opportunity for developers looking to create a significant project in a prime Philadelphia location. With easy access to major roads and local amenities, the property is strategically positioned for future growth and development. Don’t miss the chance to capitalize on this unique offering—reach out today to explore the endless possibilities!
#PAPH2549870

PHILADELPHIA

2728 N 2ND STREET 30

None Beds

None Baths

N/A

$1,480,000

MLS#: PAPH2549870

None
#PAPH2569860

PHILADELPHIA

1111 WALNUT STREET

None Beds

None Baths

5,200 Sq.Ft.

$1,575,000

MLS#: PAPH2569860

Rare 6,400 Sq. Ft. Development Opportunity in Booming Grays Ferry. 2728-34 Federal Street, Philadelphia, PA 19146. Located in the rapidly growing Grays Ferry neighborhood, this expansive 64’ x 100’ lot (6,400 sq. ft.) presents an incredible opportunity for investors and developers. The property consists of two large garages and an adjacent vacant lot, all zoned I-2, offering a variety of potential uses. Grays Ferry has seen major investment and redevelopment, with Children’s Hospital of Philadelphia (CHOP) acquiring nearby properties and significant residential and commercial growth along the Washington Avenue corridor. The area is just minutes from Center City, University City, and Graduate Hospital, making it an ideal location for multi-unit residential development or creative mixed-use projects. Key Highlights: Prime location near major development zones. Zoned I-2 – flexible potential for industrial or residential conversion. Easy access to I-76, Schuylkill River Trail, and public transportation. Close to Fresh Grocer supermarket and neighborhood amenities. Strong demand for new housing in the area With unmatched potential in a high-growth neighborhood, this is a rare chance to secure a large piece of land in one of Philadelphia’s most rapidly transforming districts. Don’t miss out—schedule a tour today!
#PAPH2578220

PHILADELPHIA

2728 FEDERAL STREET 34

None Beds

None Baths

6,400 Sq.Ft.

$1,250,000

MLS#: PAPH2578220

New on site 2 days ago
One of the most prime and visible corner locations, current use restaurant and grocery store long term lease, restaurant pay $2000 monthly, Grocery store pay $2500 monthly .The restaurant dining area has 36 seats. The price includes the 1815 N 25th St Real Estate, make appointment today.
#PAPH2584046

PHILADELPHIA

2449-53 RIDGE AVENUE

None Beds

None Baths

6,396 Sq.Ft.

$1,200,000

MLS#: PAPH2584046

Located in the heart of Old City Philly and Penn's Landing. Presently used as a Pizza restaurant on the ground floor, the building has a second floor and a basement. Great location, next to Rotten Ralph's Pub, many restaurants, banks and shops.
#PAPH2140370

PHILADELPHIA

60 S 2ND STREET

None Beds

None Baths

1,422 Sq.Ft.

$1,300,000

MLS#: PAPH2140370

MIXED-USE investment opportunity just off South Street in Queen Village! This turn-key property is the perfect opportunity for any investor seeking cash flow. Commercial ground floor with two 1 bedroom, 1 bathroom units above. Entire building is leased with quality tenants. $6,300 in monthly rental income. Please reach out to the Listing Agent for more details.
#PAPH2536246

PHILADELPHIA

519 S 5TH STREET

None Beds

None Baths

3,100 Sq.Ft.

$1,190,000

MLS#: PAPH2536246

1200 N 5th St. is a corner mixed-use investment property located along Girard Avenue’s commercial corridor. The site consists of two commercial spaces and three apartments. The corner commercial space, a former diner/restaurant is currently vacant and presents a great opportunity to for an owner-user. The second commercial space is also vacant. Both spaces are currently marketed for lease. The apartments were renovated in 2017, featuring new kitchens w/quartz counters, stainless steel appliances, white cabinets, engineered hardwood floors, 4-piece tile baths, laundry in each unit, and plenty of natural light throughout. All units are self-contained, and the property has two years remaining on a partial tax abatement. Located at the northwest corner of N. 5th Street and W. Girard Avenue, the property is nestled between Northern Liberties and Fishtown. This is an excellent location right in the heart of a tremendous amount of development along Girard Avenue both to the East and West. The site has easy access to Center City, the Girard trolley line, the Market Frankford El train, and many bus routes. Northern Liberties and Fishtown are both bustling commercial corridors with an abundance of restaurants, cafes, grocery stores, and retail stores. Both neighborhoods also have a very strong residential market and are prime locations for residents of Philadelphia.
#PAPH2410874

PHILADELPHIA

1200 N 5TH STREET

None Beds

None Baths

4,220 Sq.Ft.

$1,350,000

MLS#: PAPH2410874

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service