$1,650,000
$2,800,000
41.1%For more information regarding the value of a property, please contact us for a free consultation.
4.36 Acres Lot
SOLD DATE : 07/30/2019
Key Details
Sold Price $1,650,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH727982
Sold Date 07/30/19
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $6,762
Tax Year 2020
Lot Size 4.357 Acres
Acres 4.36
Lot Dimensions 395.00 x 480.00
Property Description
Own an entire city block. Over 4 acres! Rare opportunity. Direct skyline views, blocks from Broad Street. Minutes to Temple University, Temple Hospital, Center City, Brewerytown, and East Falls. Located in Federal Opportunity Zone (tremendous opportunity for tax savings and no capital gains upon sale). Ideal for owner operator for any commercial and industrial business (auto, trucking, contractors, demo shops, tons of legal uses); or opportunity to potentially develop hundreds of residential units on this enormous lot. Quiet pocket, and property surrounded by brick wall for security. Perfect rectangular shape for development and business operation. Beautiful and historic water tower allows for possible cellular antenna installation, or creative marketing potential for owner operators. Historically used as a bakery (not heavy industrial). Truly a unique property, unlike any other with such close proximity to all points Philadelphia. Easy access to route 1 and i-76. Just few blocks away from recently approved $162 million development project known as North Philadelphia Station. Clear title, ready for new owners!
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning I1
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Other
Water None
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884557990
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ilya Rabovetsky • REDBLOCK Realty Inc.
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”