Contacts
Andre Watson
KW Commercial | Philadelphia | Center City
Property Details
- Property Type Multi-Family
- Units 0
- Lot Size 86,575 SF
- Additional Rent Contact for pricing
- Date Updated Nov 20, 2024
Located between Temple University's main campus and Temple University's medical campus, this development project provides the rare opportunity to acquire a property with the ability to attract student tenants from both campuses.
Rarely in this aggressive market does the investment opportunity present itself, where a roughly two acre parcel of undeveloped land, situated in a central urban location, can be acquired for an acquisition cost of less than $25 per square foot. This low acquisition cost facilitates a variety of viable development opportunities.
This site could capitalize on the train stations citywide access via SEPTA's Regional Rail system and its Amtrak link to New York, as well its location barley a half-mile north of Temple University's main campus and just a few blocks south of its Health Sciences Center complex. This site was previously approved for two hundred fifty nine units, for assisted living or market rate housing.
While those approvals have expired, they can be reinstated but would have to go through the variance process again.
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Getting around
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100/100
Walk Score ®
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100/100
Transit Score ®
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79/100
Bike Score ®
Location
- City Philadelphia, PA
- Neighborhood Market East
- Market Philadelphia
Points of Interest
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15th Street
0.01 miles
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Broad Street Line Entrance
0.08 miles
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13th Street
0.20 miles
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Eastbound MFL Entrance
0.21 miles
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15th-16th & Locust
0.30 miles
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12th-13th & Locust
0.38 miles
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Jefferson Station
0.38 miles
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8th Street
0.61 miles
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8th & Market
0.62 miles
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Chinatown
0.67 miles
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Shell
0.51 miles
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Sunoco
0.66 miles
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Gulf
0.96 miles
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Lukoil
1.26 miles
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BP gas
1.36 miles
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BP
1.40 miles
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Liberty
1.47 miles
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Blink
2.06 miles
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J&H Car Charging Station
2.24 miles
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ChargePoint
2.76 miles
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LOVE Park Parking Garage
0.13 miles
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Midtown Garage
0.14 miles
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Convention Center Parking Facility
0.18 miles
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The Lift at Juniper
0.21 miles
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Convention Center Parking
0.25 miles
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12th and Filbert Garage
0.25 miles
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Parkway Building
0.27 miles
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Sonesta Hotel Garage
0.28 miles
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Impark
0.30 miles
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12th & Walnut Garage
0.32 miles
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W Hotel & Element by Westin Philadelphia
0.09 miles
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The Ritz-Carlton, Philadelphia
0.11 miles
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Residence Inn Philadelphia Center City
0.16 miles
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Le Meridien Philadelphia
0.17 miles
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The Inn at the League
0.18 miles
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The Inn At The Union League
0.18 miles
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Westin Philadelphia
0.18 miles
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The Notary Hotel
0.18 miles
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Aloft Philadelphia Downtown
0.19 miles
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Club Quarters Hotel in Philadelphia
0.19 miles
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The Shops at Liberty Place
0.15 miles
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Bloomingdale's
0.18 miles
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Trader Joe's
0.19 miles
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Macy's
0.19 miles
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Boyds
0.33 miles
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TJ Maxx
0.34 miles
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PA General Store
0.35 miles
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MOM's Organic Market
0.37 miles
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Target
0.37 miles
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Rittenhouse Market
0.45 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Andre Watson
KW Commercial | Philadelphia | Center City