2551 Frankford Ave, Philadelphia, PA 19125

$999,900

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List Price
$999,900
Status
ACTIVE
Days on Market
117
Price Change
▼ $100,100 1789437065
MLS#
PAPH2639278
Subtype
Land
Lot Size
1,802
Acres
0.04
Subdivision
Fishtown
MLS Area Major
19125 (19125)

Property Description

Exceptional land development opportunity in the heart of Philadelphia's thriving Fishtown neighborhood! This offering includes three contiguous lots at 2551–2555 Frankford Avenue, ideally positioned along the rapidly evolving Frankford Avenue commercial corridor. Per public records, 2551 Frankford Ave is 1,802 sq ft; the lot size is 18.00 X 82.00. Per public records, 2553-2555 Frankford Ave is 3,058 sq ft; the lot size is 41 X 75. All 3 lots are zoned CMX-2, the property presents outstanding potential for residential, commercial, or mixed-use development in one of the city's most sought-after locations. Surrounded by popular restaurants, breweries, boutique retail, new residential construction, and neighborhood amenities, this prime development site offers excellent walkability and convenient access to public transportation, Center City, Northern Liberties, and major highways. Whether you're a developer, investor, or visionary builder, this property provides the location, zoning flexibility, and neighborhood momentum to bring your next project to life. Seller financing is available with 20% down. Financing terms include a negotiated fixed interest rate between 7% and 9%, interest-only payments, a 5-year term, and a 5% prepayment penalty. Buyer must use the seller's preferred title company. Drive-by showings only.

Additional Information

Taxes
$3,734
Zoning
CMX2
School District
Philadelphia City

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Listing courtesy of KW Empower. Contact: