16th St - 16TH & CALLOWHILL/HAMILTON 1.47 Acres of Commercial Land Offered at $48,857,201 CAD in Philadelphia, PA 19107

MPN Realty, Inc., is proud to present two adjacent sites totaling 63,717 SF that run from the corner of 16th & Callowhill north to 16th & Hamilton. Boasting three extremely large frontages — 422’ on 16th Street; 100’ on Hamilton Street, and 171’ on Callowhill — this site is situated in a opportune location that is in the middle of a massive development boom. It is a prime location for any high-rise possiblity, including but not limited to, mixed-use (superb locale for a grocer), multi-family, hotel, office (great spot for a life-science building). The site sits in the heart of the Logan Square neighborhood, directly across from Callowhill, steps from Broad Street and Philadelphia’s Central Business District as well as Philadelphia’s famous Art Museum district. It also is next to the next phase of the Rail Park, deemed “The Cut”. The parcels are currently zoned CMX-4 which allows for neighborhood-serving retail and service uses, and multi-family residential uses. With such a significant size of vacant land, there are numerous options to increase density for new construction. Additionally, to maximize the value, a Buyer may consider trying to upzone the parcel to get more FAR.