Views
Address
246-52 S 59Th Street Philadelphia, PA
Price
$ 1,500,000
Property Attributes
  • MLS#PAPH824784
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19139
  • Zip19139
  • StyleAuto Related,Parking Garage
  • Year Built1925
  • Taxes$ 6084
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage40148
  • Lot Size0.64 Acres
Listing Provided Courtesy Of:
Reliance Realty
Data Source:
Bright MLS
Property Description

OPPORTUNTY ZONE development opportunity in city of Philadelphia near hospitals, universities and center city with 40,000 square feet of space zoned CMX-2. A large city block then can be developed into residential housing, offices, medical, recreation, and or retail space Zoning description: neighborhood commercial mixed-used-2. The possibilities are unlimited. Front of Building was demolish due to fire. Major building development is underway in this area. Prime real estate for Developer/Investors on well travel street in urban area, close to public transportation and highly visible. This is now a vacant lot plus one small standing small building. Call for more information. Opportunity zones incentive is a new community investment tool established by congress in the Tax Cuts and jobs Act to encourage long-term investments in low-income urban communities . This property in the West Philadelphia area known as Cobbs Creek is in the Opportunity zones.

Price History
8/21/2019 Listed $2,500,000
2/14/2020 16% - $2,100,000
5/25/2020 10% - $1,900,000
7/17/2020 6% - $1,800,000
3/9/2021 12% - $1,600,000
4/26/2021 7% - $1,500,000

General Features

Accessibility >84 Garage Door
Business Type Auto Related, Parking Garage, Other
Construction Materials Masonry
Cool Fuel Natural Gas
Cooling None
County PHILADELPHIA
Days on Market 664
Electric Circuit Breakers
Flooring Other
Heating Wall Unit
Location Type Urban
MLS Area 19139 (19139)
Municipality PHILADELPHIA
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 39.01
Property SubType Land for Commercial Use
Property Type Commercial Sale
Roof Flat
Security Features 24 hour security
Sewer Public Sewer
Tax Annual Amount 6084.0
Tax Lot 332
Tax Year 2020
Total Units 1
Vacation Rental Y/N No
View Street
Water Access Y/N No
Zoning CMX2

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 38448.00
Car Parking Spaces 20
Lot Dimensions 120.25 x 402.00
Lot Features Other
Lot Size Acres 0.64
Lot Size Source Assessor
Lot Size Square Feet 28063.00
Navigable Water Y/N No
Total Parking Spaces 30
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19139

Price
AVG $1.15M
$1.5M
Taxes
AVG $4,184
$6,084
Visits
AVG 58
165
Year Built
AVG 1930
1925
Walkscore
AVG 87
85
Data Provided by Walkscore ® not using MLS data

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