2555 N 16TH Street

Description

This vacant lot is well positioned with views of Downtown/Center City skylines. New residential development is coming this way. Massive upside with a Buy & Hold strategy targeting appreciation in property value for many years to come. On the other front, major development planned for the North Broad Street Station. A project to redevelop existing parcels into a mixed-use Transit Oriented Development of up to 4 million square feet. The project will stimulate the redevelopment of a currently impacted area, and will be a catalyst for the expansion and upgrading of Temple+GGs medical complex. Will be a major asset for the City of Philadelphia. Conveniently close to public transits. Subway trains on Broad Street along with multiple bus routes to Downtown, Center City, Temple medicals and Temple University. Local and national retailers on Broad. RSA5 zoning. Priced at $27/sf that's low for something this close to everything that that City of Brotherly Love has to offer.