
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2617210
Year Built 1961
Annual Tax Amount $5,459
Tax Year 2025
Lot Size 0.473 Acres
Acres 0.47
Lot Dimensions 194.00 x 106.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Approved plans include the erection of additional stories above existing structures, creating a multi-family building with a strong unit count and modern layout . The project also features 17 off-street parking spaces (including accessible spaces) and 11 bicycle parking spaces, enhancing tenant appeal and meeting urban demand for transit-oriented living .
The thoughtfully designed site plan incorporates multiple curb cuts, parking layout, and landscaped buffers, along with a designated bike room and commercial frontage at street level, providing additional income potential and flexibility . Located on a prominent corner with strong visibility and access to major corridors, this property is perfectly positioned for a high-performing mixed-use asset.
Zoning approvals are already in place, significantly reducing entitlement risk and saving valuable time for the next developer. Take advantage of this rare opportunity to step into a project with substantial groundwork completed.
Plans, permits, and supporting documents available upon request.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 786160450
Ownership Fee Simple
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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