246 S 59th St | Philadelphia, PA 19139 Rare opportunity to acquire a fully approved 96-unit mixed-use development site in the heart of West Philadelphia. This CMX-2 zoned project comes with approved zoning plans and architectural drawings already completed, saving a developer significant time and entitlement risk. The approved plans call for: • 96 residential units • 2 commercial spaces • 6 parking spaces • 34 bike parking spaces • Approx. 76,986 GSF development The project utilizes both the Green Roof Density Bonus and Mixed Income Housing Bonus, allowing for increased scale in a rapidly developing corridor near University City. Located on a large corner footprint with strong visibility and easy access to public transportation, this site is ideally positioned for a long-term hold, build-to-rent strategy, affordable housing component, or institutional multifamily development. Property highlights: • Fully approved zoning permit • Architectural plans included • CMX-2 zoning • Large ±28,538 SF lot • Strong rental market • Transit-oriented location • Tax abatement potential • Significant scale in growing West Philly corridor This is an outstanding opportunity for developers looking to capitalize on one of Philadelphia’s strongest rental and redevelopment markets. Full zoning package, plans, and due diligence available upon request.
Listed By
Agency Name: Tesla Realty Group, LLC
Agency Phone: 8448375274
Shown By
Agent Name: Jill Dudick
Agent Phone: (570) 578-9222
Agency Title: Lewith & Freeman
Lewith & Freeman Jill Dudick (570) 578-9222 jdudick@lewith-freeman.com
Estimated Payment
$ 6,744.76 per month $5,910.92 Principal & Interest $531.08 Property Tax $302.75 Homeowner's InsuranceSend an email with a link to
246 S 59th Street , Philadelphia, PA 19139.
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246 S 59th Street | MLS# PAPH2687008
This land located at 246 S 59th Street , Philadelphia, PA 19139 is currently listed for sale with an asking price of $1,038,000. The property has approximately 0.25 Acres. S 59th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on jdudick.lewith-freeman.com today.