417-423 N CHRIS COLUMBUS BLVD, Philadelphia, PA 19123
417-423 N CHRIS COLUMBUS BLVD, Philadelphia, PA 19123
417-423 N CHRIS COLUMBUS BLVD, Philadelphia, PA 19123
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Listed by David cohen • Compass Pennsylvania, LLC
$13,000,000
Est. payment /mo
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0.57 Acres Lot
Active

417-423 N CHRIS COLUMBUS BLVD Philadelphia, PA 19123

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Addison Wolfe Real Estate

Addison Wolfe Real Estate

+1(215) 862-5500

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2576266

HOA Y/N N

Annual Tax Amount $36,376

Tax Year 2025

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions 107.00 x 244.00

Property Sub-Type Land

Source BRIGHT

Property Description

2 Acres on Waterfront In Prime Location
for Development
By-Right De­vel­op­ment Po­ten­tial
Pier25 is a by-right de­vel­op­ment site per­mit­ting a broad range of uses, in­clud­ing mul­ti­fam­ily, for-sale res­id­en­tial, re­tail, of­fice, and hotel. A re­cent highest-and-best-use ana­lysis iden­ti­fies mul­ti­fam­ily res­id­en­tial with sup­port­ing com­mer­cial uses as the op­timal de­vel­op­ment strategy. The prop­erty has also re­ceived prior de­vel­op­ment ap­provals, fur­ther en­han­cing its en­ti­tle­ment pro­file.

Com­pel­ling In­vest­ment Op­por­tun­ity
Shift­ing demo­graphic, cul­tural, and eco­nomic trends con­tinue to favor urban, wa­ter­front liv­ing, po­s­i­tion­ing Pier25 as a highly at­tract­ive long-term in­vest­ment. The site of­fers a rare op­por­tun­ity to ac­quire a prime wa­ter­front par­cel at today's mar­ket pri­cing, with sig­ni­fic­ant up­side po­ten­tial as mar­ket con­di­tions and de­mand drivers con­tinue to strengthen. These fun­da­ment­als are ex­pec­ted to sup­port sus­tained growth in res­id­en­tial and mixed-use de­vel­op­ment along Phil­adelphia's Cent­ral Wa­ter­front.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning CMX3

Interior

Inclusions The restaraunt Bar that is open seasonally is Cavanaugh Currently has a year to year lease . The lease pays $250, 000/year.

Exterior

Water Access Y

View River

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax ID 882065940

Ownership Fee Simple

Special Listing Condition Standard

Virtual Tour https://naigeis.com/listings/investmentsales/pier25

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Addison Wolfe Real Estate

Addison Wolfe Real Estate

+1(215) 862-5500

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417-423 N CHRIS COLUMBUS BLVD

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