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215-17 south 44th st 0.4 Acres of Commercial Land Offered at $4,539,546 CAD in Philadelphia, PA 19104



EXECUTIVE SUMMARY
This lot is located in the heart of the Spruce Hill neighborhood in University City.
It is within walking distance of public transportation, parks, schools, shopping, fine dining, and local attractions.
The property is situated in a risk-free occupancy rental zone and is currently operated as a "monthly proviso" permitted parking lot with 38 spaces.
The CMX-2 zoning allows the lot to be optimized with by-right projects, including 38 two-bedroom units, 14 townhomes, or other mixed commercial uses.
The land is eligible for city abatements, LEED program certifications, and height variances.
The University of Pennsylvania, Drexel University, Philadelphia College of Pharmacy, UPenn Veterinary School, and Dental School are all within walking distance.
It is within walking distance of public transportation, parks, schools, shopping, fine dining, and local attractions.
The property is situated in a risk-free occupancy rental zone and is currently operated as a "monthly proviso" permitted parking lot with 38 spaces.
The CMX-2 zoning allows the lot to be optimized with by-right projects, including 38 two-bedroom units, 14 townhomes, or other mixed commercial uses.
The land is eligible for city abatements, LEED program certifications, and height variances.
The University of Pennsylvania, Drexel University, Philadelphia College of Pharmacy, UPenn Veterinary School, and Dental School are all within walking distance.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,539,546 CAD | Lot Size | 0.40 AC |
| Price Per AC | $11,299,570.68 CAD |
| Price | $4,539,546 CAD |
| Price Per AC | $11,299,570.68 CAD |
| Lot Size | 0.40 AC |
This currently zoned "monthly proviso" parking lot is zoned CMX-2 Total square footage is approximately 17,500 Located in University City 2 blocks from UPenn Campus This lot is located in the Spruce Hill Neighborhood of University City.
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Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 885850680 | Improvements Assessment | $0 CAD |
| Land Assessment | $718,186 CAD | Total Assessment | $718,186 CAD |
PROPERTY TAXES
Parcel Number
885850680
Land Assessment
$718,186 CAD
Improvements Assessment
$0 CAD
Total Assessment
$718,186 CAD
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Presented by
Armen Terzian
215-17 south 44th st
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