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Listed by Philip Sharrow • Scope Commercial Real Estate Services, Inc.
$1,500,000
Est. payment /mo
0.84 Acres Lot
Active
3221-49 N 16TH ST Philadelphia, PA 19140
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH2597630
Annual Tax Amount $454
Tax Year 2023
Lot Size 0.840 Acres
Acres 0.84
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Presenting a residential land development opportunity at 3221–49 N. 16th Street in the Allegheny West section of North Philadelphia. The offering consists of one (1) large parcel totaling approximately 16,755 SF with 100 feet of frontage.
The property is zoned RSA-3 and benefits from a previously approved variance permitting a 43-unit residential building with off-street parking, significantly reducing entitlement risk.
The site is located within a federally designated Opportunity Zone and offers convenient access to Broad Street, Temple University Hospital, and Center City.
A rare opportunity to acquire a large, entitled development site with strong long-term upside.
The property is zoned RSA-3 and benefits from a previously approved variance permitting a 43-unit residential building with off-street parking, significantly reducing entitlement risk.
The site is located within a federally designated Opportunity Zone and offers convenient access to Broad Street, Temple University Hospital, and Center City.
A rare opportunity to acquire a large, entitled development site with strong long-term upside.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA3
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 43.0
Water Access N
Roof Type Asphalt
Accessibility None
Total Parking Spaces 43
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 112194251
Ownership Fee Simple
Special Listing Condition Standard
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