Prime Development Opportunity in the West Powelton Neighborhood! Rare chance to acquire two adjacent vacant lots totaling approximately 7,500 sq ft with RM-1 zoning, offering excellent potential for residential development. The combined parcels feature a 50 ft frontage and 150 ft depth with a desirable rectangular shape, providing flexibility for a variety of building possibilities.
Located in the rapidly developing West Powelton area, the property is surrounded by ongoing revitalization, new construction, and strong rental demand driven by its proximity to Drexel University, University of Pennsylvania, and Penn Presbyterian Medical Center. Commuting is easy with public transportation just minutes away, including the SEPTA bus routes 10 (13th-Market to 63rd-Malvern) and 43 (Richmond-Cumberland to 50th-Parkside), accessible about six minutes away at the Lancaster Ave & 41st St stop.
Outdoor recreation is close by with nearby green spaces including Lee Park, Chicken Park, and Durham Park.
Whether you’re a developer, investor, or builder, this is a fantastic opportunity to create value in one of Philadelphia’s most promising growth corridors. Buyers are responsible for conducting their own due diligence regarding zoning, permits, and development possibilities. Drive by & Make an Offer!
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Listing Snapshot
Price
$225,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.17 Acres
Year Built
N/A
MLS® Number
PAPH2589174
Status
Coming Soon
Property Tax
$3,044
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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