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$559,500
Est. payment /mo
2,880 SqFt
UPDATED:
11/05/2024 12:35 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $194
MLS Listing ID PAPH2416896
Originating Board BRIGHT
Year Built 1920
Tax Year 2024
Lot Size 1,168 Sqft
Acres 0.03
Lot Dimensions 18.00 x 65.00
Property Description
Discover a prime investment opportunity at 4130-44 Aspen Street, featuring nearly 5,000 square feet of combined lot area with over 111 feet of street frontage, ideally situated just off the vibrant Lancaster Avenue corridor in West Philadelphia. With CMX-2 zoning and the potential for density bonuses, this property could accommodate up to 17 residential units above a ground-floor commercial space if the lots are combined. The parcels are located in a Qualified Opportunity Zone (QOZ), providing attractive tax benefits for investors. This strategic location is within close proximity to Drexel University, the University of Pennsylvania, 30th Street Station, and Fairmount Park, making it a sought-after area for both residents and businesses. The offering includes a 3,818 square-foot vacant lot at 4130-42 Aspen Street and a 2,880 square-foot, three-story vacant shell at 4144 Aspen Street. The property is being sold as-is. Buyers are encouraged to conduct their own due diligence regarding condition, use, and zoning.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 774058000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Samantha Lee Miller • Select Commercial Advisors