1216 N Broad St, Philadelphia, PA 19121

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List Price
$2,950,000
Status
ACTIVE
Days on Market
189
Price Change
▼ $295,900 1793669746
MLS#
PAPH2611608
Subtype
Commercial Sale
Year Built
1966
Lot Size
10,560
Acres
0.24
MLS Area Major
19121 (19121)

Property Description

Prime commercial investment opportunity located just minutes from Temple University and situated within a designated Opportunity Zone. This 5,313 SF building sits on a generous 10,500 SF lot, offering significant development potential. The property presents an exceptional opportunity to build vertically and maximize revenue in a rapidly growing, high-demand area. Positioned along the North Broad Street corridor, with easy access to public transportation, this site is ideal for a variety of uses including mixed-use, multifamily, or student housing development. Strong surrounding demographics and proximity to a major university makes this an attractive option for investors and developers seeking long-term upside. Don't miss this chance to acquire a well-located asset with substantial value-add and redevelopment potential.

Additional Information

Taxes
$9,482
Zoning
CMX-4
Heating
Central
Air Conditioning
Central Air
Parking Features
Fenced, Paved, Private
School District
Philadelphia City

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Listing courtesy of Opus Elite Real Estate. Contact: