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    246-52-52 S 59TH Street

    PHILADELPHIA, PA 19139
    • $1,800,000
    • STATUS: Active
    • ON SITE: 404 days
    • ID#: PAPH824784
    UPDATED: 71 min ago
    $1,800,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    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.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-28T17:50:54.777.
    www.locomusings.com/homes/98149246
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    246-52-52 S 59TH Street PHILADELPHIA, PA 19139

    • Price: $1,800,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: PAPH824784
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    1925
    Built
    Neighborhood:
    19139 (19139)
    County:
    Philadelphia
    Area:
    19139 (19139)
    School District:
    The School District Of Philadelphia
    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.
    Exterior Features

    Construction Materials Masonry Garage YN No Location Type Urban Lot Features Other Parking Types On Street Riparian Rights YN No Roof Flat View Street Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 38448.00 Cooling None Flooring Other Heating Wall Unit Heating YN Yes Net Square Feet 40148.00 Security Features 24 Hour Security

    Property Features

    Accessibility Features >84" Garage Door Assessment Year 2020 Association YN No Business Type Auto RelatedParking GarageOther Central Air YN No Cooling Fuel Natural Gas Electric Circuit Breakers Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 301960936009 Ownership Interest Fee Simple Possession Immediate Property Sub Type Land For Commercial Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 6084.00 Tax Assessment Amount 434600.00 Tax Lot 332 Vacation Rental YN No Water Source Public Zoning Cmx2

    Listing courtesy of Reliance Realty.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-28T17:50:54.777.
     
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    Leesburg VA, 20176