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$ 600,000
Est. payment | /mo
2,900 Sqft Lot
$ 600,000
Est. payment | /mo
2,900 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Fishtown
MLS Listing ID PAPH2416904
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $3,247
Tax Year 2024
Lot Size 2,900 Sqft
Acres 0.07
Lot Dimensions 20.00 x 100.00
Property Description
Qualified Opportunity Zone multifamily development site approved for ten (10) units in Fishtown — Philly's hottest residential district. Invest QOZ funds in this Top-10 USA MSA today with this prime real estate acquisition. The Property is zoned for nine (9) apartments over ground floor commercial space. Designed to high-end condo-grade specifications, this building will stand as a legacy asset once developed. Registering just under 10K SF of rentable/saleable space, the building consists of an attractive unit mixture: four (4) 1bd units, three (3) 2bd units, and two (2) 3bd units — each with above-average square footage allocations — an average of 1000 SF per unit. A generous boutique commercial space features just under 1000 SF and is primed for the next hot restaurant or retailer to establish itself in Fishtown amongst the best culinary and shopping destinations in the city. Extremely walkable location. Sited by the Market-Frankford El train (Berks Station) which provides easy and immediate access into Center City and University City — Philly's powerhouse employment and entertainment districts. Enquire within for pro forma, plans, permits (PPP). 10 year tax abatement-eligible; pay taxes on assessed land value rather than improvements for a period of 10 years. MAKE YOUR MOVE.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning ICMX
Exterior
Water Access N
View City
Garage N
Building
Lot Description Irregular
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 884465155
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Ryan J McManus • Keller Williams Liberty Place