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Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
$250,000
Est. payment /mo
4,728 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Hartranft
MLS Listing ID PAPH2566850
Annual Tax Amount $2,224
Tax Year 2024
Lot Size 4,728 Sqft
Acres 0.11
Lot Dimensions 48.00 x 99.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Seize this exceptional investment opportunity in the rapidly expanding Templetown neighborhood, just one block off Broad Street and minutes from Temple University's vibrant campus. 2453-57 N Park Ave is a 4,728 sq ft vacant CMX-2 zoned lot (approximately 48x99 ft), offering a highly versatile development canvas suitable for commercial, residential, or mixed-use projects. Conceptually, the site presents the potential to accommodate eight residential units and one commercial space, aligning perfectly with the strong rental and retail demand that continues to define this submarket. Investors and developers are advised to verify all development possibilities by consulting with their architect and professional team to review plans, confirm feasibility, and determine the full scope of what may be achievable on this site. Positioned in a high-demand rental corridor marked by rising property values, strong occupancy rates, and proximity to major anchors, including Temple University Hospital, the Broad Street Line, SEPTA bus routes, and a variety of local dining and conveniences, this parcel offers significant upside for those seeking a value-add development opportunity. Opportunities of this caliber are rare in one of Philadelphia's fastest-growing neighborhoods. Contact us today to explore development possibilities and schedule a site visit!
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
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 371289100
Ownership Fee Simple
Special Listing Condition Standard
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