325 N 12TH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19107
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Center City
MLS Listing ID PAPH2318600
Annual Tax Amount $5,368
Tax Year 2003
Lot Size 7,480 Sqft
Property Description
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.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning LOT
Exterior
Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone Available,Cable TV Available,Under Ground,Above Ground
Waterfront N
Water Access N
Building
Lot Description Additional Lot(s)
Sewer No Septic Approved,Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Contract,Conventional,Exchange,Bank Portfolio,Industrial Development Authority,Private,Rural Development,Other
Listing Terms Cash,Contract,Conventional,Exchange,Bank Portfolio,Industrial Development Authority,Private,Rural Development,Other
Special Listing Condition Standard