2527 N Broad St, Philadelphia, PA 19132

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List Price
$3,500,000
Status
ACTIVE
Days on Market
1
MLS#
PAPH2676192
Subtype
Commercial Sale
New Construction
Yes
Year Built
1925
Lot Size
23,961
Acres
0.55
MLS Area Major
19132 (19132)

Property Description

2527 N Broad Street is a 65,550 SF historic building on one of Philadelphia's most active redevelopment corridors, and a rare opportunity to secure scale without a zoning fight. Zoned CMX-3, there are no variances, no ZBA hearings, and no community approval delays standing between you and your permits. The building is delivered in shell condition, giving you a blank canvas at real scale inside a structure with genuine architectural character. Its historic designation makes it a strong candidate for historic tax credit financing, which can meaningfully improve the capital stack on a project this size. The sale includes the adjacent auto body shop , also zoned CMX-3. It's an ideal fit for dedicated on-site parking for future residents, a major amenity on North Broad. It also gives you flexibility for future phases or ground-floor commercial. With direct access to the Broad Street Line, proximity to Temple University and Temple Health, and continued investment along the North Broad corridor, this site is positioned for strong rental demand from students, healthcare workers, and young professionals. Highlights: • 65,550 SF historic building in shell condition • Adjacent auto body parcel included for resident parking or future development • Potential historic tax credit eligibility • Transit-oriented location on the Broad Street Line

Additional Information

Taxes
$31,320
Zoning
CMX3
Heating
Central
Air Conditioning
Fresh Air Recovery System
School District
Philadelphia City

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Listing courtesy of Keller Williams Main Line. Contact: