$ 725,000 $ 1,150,000 37.0%

222-24 S 45TH ST

Philadelphia, PA 19104

  • 4,800 Lot Size
  • 1925 Year Built
Tremendous development opportunity in University City. Extra-large double property zoned CMX-2 on a massive 40 x 120 lot. Strategically positioned between Spruce Hill & Walnut Hill with tons of commercial space nearby on 45th St. and Walnut St. Take advantage of everything University City has to offer with regional anchors CHOP, UPenn and Drexel University. Purchase with separately available adjacent vacant lot at 4507 Locust St. and create one mega development. The property is currently a 1-story structure leased to a family member with flexible lease-ending terms. Incredible opportunity, will not last! Buyer responsibility to confirm all zoning/use options.
Listed by Bryan J Capone of KW Empower , Sold By Stuart Udis of PA Realty Advisors LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $725,000

    Property Type Commercial

    Sub Type Mixed Use

    Listing Status Sold

    Purchase Type For Sale

    Subdivision University City

    MLS Listing ID PAPH2287780

    Sold Date 07/26/24

    Year Built 1925

    Annual Tax Amount $4,202

    Tax Year 2022

    Lot Size 4,800 Sqft

    Acres 0.11

    Lot Dimensions 40.00 x 120.00

    Property Sub-Type Mixed Use

    Source BRIGHT

  • Location

    State PA

    County Philadelphia

    Area 19104 (19104)

    Zoning CMX2

  • Building

    Sewer Public Sewer

    Water Public

    New Construction N

  • Interior

    Hot Water Natural Gas

    Heating Other

    Cooling Central A/C

    Heat Source Natural Gas

  • Exterior

    Water Access N

    Accessibility None

    Garage N

  • Schools

    School District The School District Of Philadelphia

  • Others

    Tax ID 882006560

    Ownership Fee Simple

    Special Listing Condition Standard

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