Listed by Equity CRE
$2,100,000
Development Opportunity | 129 N 15th St | Philadelphia, PA
Details
APN 871403260
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Storefront
Square Footage 5,430
Lot Size (SqFt) 2,130
Zoning CMX-5
Investment Type Redevelopment
Ground Lease No
Rare Center City Development Opportunity
Marketing description
This rare development opportunity is located in the heart of Center City, Philadelphia, just steps from City Hall, the Central Business District and the Philadelphia Convention Center. Adjacent to the Family Court of Philadelphia, the site offers prime frontage with 48 feet on 15th Street and 45 feet on Cherry Street, positioned at a signalized intersection for excellent visibility. With plans already in place, the property is suitable for the development of either a hotel or mixed-use apartment building, making it an ideal investment in one of the city’s most sought-after neighborhoods.
Investment highlights
- Municipality: Philadelphia
- Zoning: CMX-5
- Building Size: ±5,430 SF
- Lot Size: ±2,130 SF
- Utilities: Public
- APN: 871403260
- Estimated 2025 Taxes: $6,081
Listing Contacts
Listed by Equity CRE
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