Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
4.5 acres
ALERT!* Phase 1 and Phase 2 Environmental Reports have come back - due diligence has been done! A clean title also provided. Massive developmental opportunity! This nearly 5-acre parcel has over 940' of frontage on Lehigh Ave and varies in depth from 126-260 feet. It's a trapezoid on an extremely busy corner of Frankford Ave and Lehigh, across the street from the KCFC Community Food Coop at 2666-72 Coral St. Lehigh Ave is a 4 lane road with parking shoulders on both sides. The parcel stretches all the way east to Trenton Ave. Across the street from this is the "Avenue 30" new construction townhouses that have just broken ground and are 60 percent sold. On the other corner of Frankford and Lehigh is the former Wood Brothers parcel which is going to be 179 homes in three 5 story buildings. This opportunity is one block from the EL train and a 30-second drive to Aramingo and its shopping. Behind the WAWA is another brand new construction townhouse development as well. There is tremendous investment going on around this parcel. The possibilities are abundant with such a large piece of land. An owner could develop commercial pad sites here as well as residential with zoning. There is an open palette for a creative development. Pictures are of the parcel and view from the parcel. This parcel was recently rezoned by city council to ICMX. There are no building plans, zoning, or permits available but there is a topographical survey one can request. We welcome your questions and vision regarding this huge opportunity. Get this under agreement and settle fast before you miss one of the last big opportunities in this neighborhood!
Features & Amenities
Interior
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
4.5
-
Property Type
Land
Exterior
-
Garage
No
Financial
-
Sales Price
$5,500,000
-
Tax Amount
12318.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Nigel T Richards , Coldwell Banker Realty
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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