4817-23 CHESTER AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Kingsessing
MLS Listing ID PAPH2448576
Annual Tax Amount $7,787
Tax Year 2024
Lot Size 8,750 Sqft
Property Sub-Type Other
Property Description
Calling all commercial investors and developers for an excellent development opportunity in Kingsessing.
This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking.
The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit.
All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor.
Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University.
It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Exterior
Utilities Available Natural Gas Available,Electric Available
Water Access N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard