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4507 LOCUST ST Philadelphia, PA 19139
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Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision University City
MLS Listing ID PAPH2287478
Sold Date 07/26/24
Originating Board BRIGHT
Year Built 2023
Annual Tax Amount $1,048
Tax Year 2022
Lot Size 2,495 Sqft
Acres 0.06
Lot Dimensions 22.00 x 113.00
Property Description
Tremendous investment opportunity in University City. Extra large vacant lot zoned CMX-2 and measuring 22 x 113. Rarely available parcel on a prime, tree-lined block filled with 3-story, porch-front, Victorian homes. CMX-2 will permit ground floor commercial space plus 5 dwelling units. Strategically positioned between Spruce Hill & Walnut Hill with tons of commercial space on nearby 45th St. and Walnut St. Short walk to Market/Frankford El and of course take advantage of everything University City has to offer with regional anchors UPenn and Drexel University. Purchase with separately available parcel at 222-224 S. 45th St. and create one mega development. Incredible opportunity, will not last! Buyer responsibility to confirm all zoning/use options.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 885551340
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Stuart Udis • PA Realty Advisors LLC
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