Active
325 N 12th St
Philadelphia PA, 19107
$5,666,000
$757.49 per sqft
Active
0.17 Acres
Land
Unique development opportunity in Philadelphia Convention Center. There are multiple developmental projects going on in the neighborhood. Currently there is a Pizza restaurant on the first floor of the existing structure, 4 residential units. Plus 50+ parking lots on the rear side of this property. There are two parcels and 4 addresses , from 325 to331 N 12th Street. Parking spot worthy about $80K to $100K each if for sales. There are leases for the parking lots and restaurant, which can provide your client with a steady income while they are applying for any architectural plan and usage. Their leases are not extremely long so you can choose to not renew their leases or relocate them after your complete your project. Since it is one block away from the convention center, hotel, parking lots building, mixed usage complexes are all good usages.
PAPH2318600
MLSⓇ ID
February 2, 2024
Listed
October 2, 2024
Updated
Map
325 N 12th St
Philadelphia PA, 19107
Exterior/Building Features
Lot Size
0.17 Acres
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$5,368
Tax Frequency
Annually
Days on Market
195
Garage
No
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by Liberty Real Estate
Listing Contact: 2677677612
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Data last updated on 10/2/2024 at 6:59 AM UTC
