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Tools
Size
0.17 Acres
Exterior
Financial
$5,666,000
Change Currency
$5,368
Annual taxes
Listing Details
Land
Property type
10397008
Web Id
PAPH2318600
MLS ID
250
Days Posted
Description
325 N 12th Street,
Philadelphia,
PA
19107
Philadelphia, PA 19107
Unique development opportunity in Philadelphia Convention Center. There are multiple developmental projects going on in the neighborhood. Currently there is a Pizza restaurant on the first floor of the existing structure, 4 residential units. Plus 50+ parking lots on the rear side of this property. There are two parcels and 4 addresses , from 325 to331 N 12th Street. Parking spot worthy about $80K to $100K each if for sales. There are leases for the parking lots and restaurant, which can provide your client with a steady income while they are applying for any architectural plan and usage. Their leases are not extremely long so you can choose to not renew their leases or relocate them after your complete your project. Since it is one block away from the convention center, hotel, parking lots building, mixed usage complexes are all good usages.
This is an Active listing.
Broker Office Phone Number: 215-625-4725
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 215-625-4725
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
date | price | variance | type |
---|---|---|---|
2/1/2024 | $5,666,000 | - | Listed |
Listing By: Liberty via Data Source: Bright MLS
listing agent: Richard Li