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304 Cherry Street

PHILADELPHIA, PA 19106
  • $1,075,000
  • STATUS: Active
  • ON SITE: 471 Days
  • ID#: PAPH945488
$1,075,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

We're very pleased to make available this rare VACANT LAND development opportunity. Located at 304 Cherry in the heart of Old City Philadelphia: The most Historic Square Mile in the USA. This LOT offers 20.5' x 82' of developable space, The AIR RIGHTS included in this offering allow the upper levels to be 20.5' wide, (allowing for FOUR exposures to sunlight / windows on all four sides or property), and also allows for bump-outs (cantilevers) over adjacent alley, at sides, and rear of the lot. Zoning is CMX3 (one of the least restrictive zoning classifications - over 50+ uses "by right") - permitted uses include TWO FAMILY, MULTI FAMILY and OTHER USES include some LIVE/WORK SPACE, OFFICE, DOCTOR OFFICE, RETAIL SALES, and COMMERCIAL SERVICES opportunities, Single Room Occupancy and more - please see City Zoning Guide for more info ( available here - cut and paste - http://bit.ly/PhillyZoningGuide2020 ) and confirm with your attorney. Built into this transaction is the ability for the developer to use an adjacent space as staging for the build. For developers looking to expand on this opportunity - this offering is adjacent to another development opportunity, please see MLS#: PAPH947500 for more info - or call your local friendly Realtor. Buyer to verify tax amounts. Seller is motivated.

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©2022 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: 2022-01-28T23:50:06.48.
www.locomusings.com/homes/111018673
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304 Cherry Street PHILADELPHIA, PA 19106

  • Price: $1,075,000
  • Status: Active
  • On Site: 471 Days
  • ID#: PAPH945488
0
Beds
0
Baths
0
½ Baths
0.04
Acres
Neighborhood:
19106 (19106)
County:
Philadelphia
Area:
19106 (19106)
School District:
The School District Of Philadelphia
Property Description
We're very pleased to make available this rare VACANT LAND development opportunity. Located at 304 Cherry in the heart of Old City Philadelphia: The most Historic Square Mile in the USA. This LOT offers 20.5' x 82' of developable space, The AIR RIGHTS included in this offering allow the upper levels to be 20.5' wide, (allowing for FOUR exposures to sunlight / windows on all four sides or property), and also allows for bump-outs (cantilevers) over adjacent alley, at sides, and rear of the lot. Zoning is CMX3 (one of the least restrictive zoning classifications - over 50+ uses "by right") - permitted uses include TWO FAMILY, MULTI FAMILY and OTHER USES include some LIVE/WORK SPACE, OFFICE, DOCTOR OFFICE, RETAIL SALES, and COMMERCIAL SERVICES opportunities, Single Room Occupancy and more - please see City Zoning Guide for more info ( available here - cut and paste - http://bit.ly/PhillyZoningGuide2020 ) and confirm with your attorney. Built into this transaction is the ability for the developer to use an adjacent space as staging for the build. For developers looking to expand on this opportunity - this offering is adjacent to another development opportunity, please see MLS#: PAPH947500 for more info - or call your local friendly Realtor. Buyer to verify tax amounts. Seller is motivated.
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Assessment Year 2021 Association YN No Central Air YN No Construction Completed YN No Current Use Vacant Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 304355014060 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer Public Sewer Tax Annual Amount 406.00 Tax Assessment Amount 29000.00 Tax Lot 481 Vacation Rental YN No Water Source Public Zoning Cmx3

Listing courtesy of Keller Williams Philly.


©2022 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: 2022-01-28T23:50:06.48.
 
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LoCoMusings | Century 21 Redwood Realty
540 Fort Evans Road Suite 303
Leesburg VA, 20176