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Robert MacHarrie
610-554-6388

Philadelphia PA Real Estate & Land for Sale

1 Properties Found

The median home value in Philadelphia, PA is $252,000. This is higher than the county median home value of $232,250. The national median home value is $308,980. The average price of homes sold in Philadelphia, PA is $252,000. Approximately 48% of Philadelphia homes are owned, compared to 41% rented, while 10% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Philadelphia real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2318600
Type:
Land
Subdivision:
Center City
Lot size:
0.17 Acres
Courtesy: Liberty Real Estate, (215) 625-4725
View additional info

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.

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