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Faits saillants de l'investissement
- Land Investment Opportunity
- Established Philadelphia address with long-term value potential
- Suitable for hold, reposition, or redevelopment scenarios
- Flexible site for redevelopment or adaptive reuse
- Ideal for investors seeking a customizable property strategy
- Compact footprint supports efficient site planning
Résumé de l'annonce
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 1 523 731 $ CAD | Taille du lot | 0,49 AC |
| Prix par AC | 3 137 644,25 $ CAD |
| Prix | 1 523 731 $ CAD |
| Prix par AC | 3 137 644,25 $ CAD |
| Taille du lot | 0,49 AC |
This 1,720 SF parcel offers a flexible footprint suited for redevelopment, or long-term hold strategies. The property provides a tangible existing structure that may support adaptive reuse or serve as a foundation for future site planning.
Description
The property is zoned CMX-2 and CMX-3, providing flexibility for a variety of mixed-use and multifamily development concepts, subject to applicable approvals. The lot is ±21k SF, with a ±1,700 SF commercial building on site. Up to 53 units could be built by-right based on CMX-2 zoning (with a green roof bonus); while up to 66 units could be built based on CMX-3 zoning per a feasibility study conducted by a local architect. (Buyer to conduct their own diligence on zoning and density calculations.) With favorable zoning, meaningful tax incentives, and a location within one of Northwest Philadelphia’s established and growing neighborhoods, 5827 Morris Street represents an exceptional opportunity for developers and investors seeking to deliver a high-quality mixed-use project in a supply-constrained market.
Présenté par
5827 Morris st
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