325 N 12th Street
Philadelphia, PA 19107
- – beds
- – baths
- – sqft
- 7,480 sqft lot
Unique development opportunity in Philadelphia Convention Center. There are multiple developmental projects going on in the neighborhood. Currently there is a Pizza restaurant on the first floor of the existing structure, 4 residential units. Plus 50+ parking lots on the rear side of this property. There are two parcels and 4 addresses , from 325 to331 N 12th Street. Parking spot worthy about $80K to $100K each if for sales. There are leases for the parking lots and restaurant, which can provide your client with a steady income while they are applying for any architectural plan and usage. Their leases are not extremely long so you can choose to not renew their leases or relocate them after your complete your project. Since it is one block away from the convention center, hotel, parking lots building, mixed usage complexes are all good usages.
Listing courtesy of BRIGHT / Liberty Real Estate
Last checked:
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Last updated Oct 17, 2024
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MLS# PAPH2318600 —
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Contract, Conventional, Exchange, Bank Portfolio, Industrial Development Authority, Private, Rural Development, Other
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Possession:Immediate
Location
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Directions:12th Street and Vine Street
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Cross Street:VINE
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Latitude:39.95842000
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Longitude:-75.15825000
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Parking, Restaurant, Multi Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.17
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Lot Size Source:Estimated
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Lot Size Dimensions:35x191 and 32x62
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Lot Dimensions Source:Estimated
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Lot Features:Additional Lot(s)
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Lot SqFt:7,480 Sqft
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Additional Parcels:Yes
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Zoning:LOT
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Road Surface Type:Paved
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Road Responsibility:Boro/Township
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:SUPE
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 767-7612
- Office phone:
- (215) 625-4725
Taxes
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Tax ID Number:05-6328900
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Tax Year:2003
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Tax Annual Amount:$5,368
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Tax Assessed Value:$64,960
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Total Taxes Payment Frequency:Annually
Utilities
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Utilities:Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone Available, Cable TV Available, Under Ground, Above Ground
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Sewer/Septic:No Septic Approved, Public Sewer
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Center City
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/2/24
Feb 2, 2024
|
Listed / Active | BRIGHT | $5,666,000 |