$3,600,000

1501 W Moyamensing Ave

PHILADELPHIA PA, 19145

Description

Amazing corner LOT in a HOT area of South Philly just off of broad street, one block to the broad Street subway line stop. 17,703 square foot lot with major street frontage. LOT size 241 x 193. Zoned CMX2. The property consists of approximately .4 acres located in the LowerMoyamensing neighborhood in South Philadelphia across from Marconi Plaza, a Roman styled plaza/park divided in the center by Broad Street and is bordered by 13th Street, 15th Street, Bigler Street, and Oregon Avenue. Currently occupied by anauto shop and gas station, the site is surrounded by a mix of residential andcommercial development.The sky is the limit for the potential use of this area, but could include up to 35residential units without bonuses or up to 43 units with the green roof bonus.There is zero competition at this location for rental and condo development with anextremely high demand in the neighborhood for finished rental products.1501 W Moyamensing Ave is a well-established, highly desirable locationsituated between the coveted Packer Park neighborhood and lovely GirardEstates twin home blocks.Phase 1 is completed. amazing location. Drive by only. Great, local service and competitive rates from our mortgage partner, Center City Mortgage.

Details

MLS#PAPH832912
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1976
Days On Site133

Features

SQ Feet17,703
Story(s)0
ZoningCMX2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19145
Area19145 (19145)
Listing VS Median (in 19145)
Price:
$3,600,000
low | high
Med:
$225,000
100% of Average
SqFt:
17,703
low | high
Med:
1,342
100% of Average
$ / SqFt:
$203
low | high
Med:
$179
61.807135695187% of Average
On Site:
133
low | high
Med:
115.5
100% of Average
Listing Updated: 01/22/2020
MLS Number: PAPH832912
Listing Provided By:
Michael R McCann  of  Keller Williams Philly