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 KW Empower , Sold By PA Realty Advisors LLC

GALLERY

222-24 S 45TH ST, Philadelphia, PA 19104

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