$725,000
$1,150,000
37.0%For more information regarding the value of a property, please contact us for a free consultation.
4,800 SqFt
SOLD DATE : 07/26/2024
Key Details
Sold Price $725,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $151
Subdivision University City
MLS Listing ID PAPH2287780
Sold Date 07/26/24
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $4,202
Tax Year 2022
Lot Size 4,800 Sqft
Acres 0.11
Lot Dimensions 40.00 x 120.00
Property Description
Tremendous development opportunity in University City. Extra-large double property zoned CMX-2 on a massive 40 x 120 lot. Strategically positioned between Spruce Hill & Walnut Hill with tons of commercial space nearby on 45th St. and Walnut St. Take advantage of everything University City has to offer with regional anchors CHOP, UPenn and Drexel University. Purchase with separately available adjacent vacant lot at 4507 Locust St. and create one mega development. The property is currently a 1-story structure leased to a family member with flexible lease-ending terms. Incredible opportunity, will not last! Buyer responsibility to confirm all zoning/use options.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Other
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882006560
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Stuart Udis • PA Realty Advisors LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "