Bought with Nigel T Richards • Coldwell Banker Realty
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Key Details
Sold Price $5,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Fishtown
MLS Listing ID 1000427247
Sold Date 02/28/18
HOA Y/N N
Annual Tax Amount $12,318
Tax Year 2017
Lot Size 4.497 Acres
Acres 4.5
Lot Dimensions 947X261, LotWidth:947 X LotDepth:261
Source TREND
Property Description
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!
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning ICMX
Rooms
Other Rooms Primary Bedroom
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone Available, Cable TV Available
Water Access N
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882748210
Ownership Fee Simple
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