UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $62
Subdivision Fishtown
MLS Listing ID PAPH2384556
Originating Board BRIGHT
Year Built 1875
Annual Tax Amount $5,527
Tax Year 2024
Lot Size 5,875 Sqft
Acres 0.13
Property Sub-Type Mixed Use
Property Description
Introducing Frankford Flats, an unparalleled development project for sale in the highly sought-after Fishtown section of Philadelphia. This mixed-use gem comprises four contiguous lots, meticulously planned to enhance the vibrant Fishtown community.
Frankford Flats boasts a total of 21 units, featuring 20 modern one-bedroom apartments designed for contemporary urban living. Complementing the residential component is a spacious 1,116 sq ft commercial space, ideal for a boutique shop, trendy café, or creative workspace, adding significant value and versatility to the development.
This project comes with comprehensive presentation materials, including color renderings that vividly illustrate the vision for Frankford Flats. Detailed architectural drawings provide a clear vision of the elegant design and functional layout of the units and commercial space. An appraisal report and survey ensure transparency and accuracy, offering a thorough understanding of the project's value and scope.
Frankford Flats is equipped with various zoning documents from the City of Philadelphia, demonstrating a level of compliance and readiness for development. With this project nearing shovel-ready status, this is a prime opportunity for investors and developers to quickly bring Frankford Flats vision to life.
Located in Fishtown, one of Philadelphia's most dynamic and desirable neighborhoods, Frankford Flats promises to be a cornerstone of the community. This development is poised to attract professionals, creatives, and entrepreneurs seeking a stylish, convenient, and connected lifestyle.
Seize this exceptional opportunity to invest in Frankford Flats and be part of Fishtown's exciting growth and transformation.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Inclusions All Existing architectural drawings, permits and related documents in Seller's possession
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Additional Lot(s)
Sewer No Sewer System
Water None
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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William Mercogliano III
Broker Associate | License ID: 0893537
Broker Associate License ID: 0893537
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