246-52 S 59TH ST new to site

Philadelphia,PA 19139

$ 1349999

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision West Philadelphia

MLS Listing ID PAPH2472092

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $6,455

Tax Year 2024

Lot Size 0.659 Acres

Acres 0.66

Property Sub-Type Land

Property Description

Introducing an exceptional opportunity at 246 S 59th Street, a stunning ±28,690 SF corner parcel located at the vibrant intersection of 59th and Manning in West Philadelphia. This prime development site is situated in an Opportunity Zone (QOZ) and boasts zoning approval for an exciting project that could accommodate up to ±95 modern apartments, currently in the process of obtaining preliminary approvals.

With ongoing rezoning initiatives in the area, this rare find presents immense potential for growth and development. Enjoy easy access to University City, Philadelphia's bustling hub of innovation and employment, featuring state-of-the-art districts dedicated to technology, biomedical sciences, healthcare, and higher education. Prestigious institutions such as the University of Pennsylvania (Ivy League), Drexel University, CHOP, and the Science Center are rapidly transforming this neighborhood into a world-class destination, significantly enhancing its appeal and investment potential.

The property is being offered with zoning approval in place, making it a highly desirable option for developers looking to capitalize on West Philadelphia's trajectory. The site will be sold and considered as-is. For those interested, conceptual plans are available upon inquiry. Please keep in mind that it is the buyer's responsibility to verify all taxes, entitlements, and square footage during due diligence. Seize this extraordinary opportunity to play a key role in the evolution of West Philadelphia!

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Exterior

Water Access N

View City

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 882969330

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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