225-239 N 13th Street - Philadelphia, PA - LAND for SALE

225-39 N. 13th Street Philadelphia, PA 19107

  • 11,851 Square Feet
  • Land
  • For Sale

Summary Description

 Colliers International is pleased to offer for sale a prime land site in the central business district of the City of Philadelphia. Located at the confluence of several core CBD neighborhoods, the site is just 2 blocks from economic powerhouse the Pennsylvania Convention Center as well as established institutions like Hahnemann Hospital and the Pennsylvania Academy of Fine Arts. Nearby North Broad Corridor’s rocketing restaurant and residence scene and the highly anticipated Rail Park Phase I completion all work to positively influence this site.  This Property is maximally situated to conveniently access the area’s arterial routes, local interstate road network and bridges and features frontage on two street fronts. CMX-4 zoning allows for a variety of uses such as residential, hotel and retail making this a parcel with potential for significant development. One of the most attractive incentives for new construction in the City of Philadelphia is the 10-year real estate tax abatement - exempting property owners from paying taxes on the value of the improvements for the duration of a ten year term.

Property Status: Fully Tenanted

Lot Size: 11851 Square Feet

Area Available: 11,851 Square Feet

Features:

  • An Attractive Investment in Ascending Philadelphia CBD
  • Income Producing Via Short Term Parking Lease
  • Singular Location at the Confluence of Center City, Chinatown, Spring Arts and North Broad Street Corridor
  • Quick and Convenient Access to Vine Street Expressway, I-76, I-95 and the Benjamin Franklin Bridge.
  • Frontage on Two Streets (13th Street and Summer Street)
  • Proximity to Economic Driver the Pennsylvania Convention Center and Large Regional Institutions
  • Abundant Nearby Amenities - Including the Highly Anticipated Rail Park
  • Flourishing Residential Construction in Vicinity
  • Potential for Residential or Boutique Hotel Development, Ground Level Retail
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