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325 N 12Th Street Philadelphia, PA $ 5,666,000
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$ 5,666,000 Get more info
325 N 12Th Street
$ 5,666,000
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Share Save

325 N 12Th Street

Philadelphia, PA, 19107
$ 5,666,000
Baths0.0

Monthly Estimate*

$ 37,658

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Studio

Lots and Land for sale in Philadelphia, PA

for $5,666,000. The lot size is 0.17.

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.

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Lots and Land Active

Price

$ 5,666,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,368

Style

Parking,Restaurant,Multi Residential

Lot Size

0.17

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2318600
Features
General
Sewer No Septic Approved Public Sewer
Utilities Water Available Sewer Available Natural Gas Available Electric Available Phone Available Cable TV Available Under Ground Above Ground
Possession Immediate
Zoning LOT
Property SubType Land
Tax Year 2003
Current Use Parking Restaurant Multi Residential
Percent Ownership Fee Simple
Municipality PHILADELPHIA
County PHILADELPHIA
Property Type Land
HOA / Comm Assn N
Subdivision Name CENTER CITY
Water Access Y/N N
Status ACTIVE
Directions 12th Street and Vine Street
City PHILADELPHIA
Buyer Agent Compensation 2.25
MLS Area 19107 (19107)
Lot Size Square Feet 7480.00
Waterfront Y/N N
Street Name 12TH
Tax Annual Amount 5368.0
Price Per Sq Ft 757.49
Acceptable Financing Cash Contract Conventional Exchange Bank Portfolio Industrial Development Authority Private Rural Development Other
Additional Parcels Y/N Y
Vacation Rental Y/N N
Days on Market 89
Standard Status Active
Buyer Agent Compensation Type % Of Gross
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Exterior
Lot Features Additional Lot(s)
Water Source Public
Water View Y/N N
Lot Dimensions 35x191 and 32x62
Lot Size Acres 0.17
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Boro/Township
Navigable Water Y/N N
Water Oriented Y/N N
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Interior
Street Suffix STREET
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Internal Only
Street Number 1 325
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* Excluded Features
List By
Liberty Real Estate

Broker

richard4493@gmail.com

Email

Affordability Calculator

$38,105
Per Month
99%
1%
0%
Monthly Principal & Interest
$37,658
Monthly Property Taxes
$447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/3/2024$5,666,000 Listed Price

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325 N 12Th Street, Philadelphia, PA, 19107 is a Lots and Land for sale at $5,666,000 with a lot size of 0.17. 325 N 12Th Street is a studio with 0.0 baths. The property's zip code is 19107 which is in Philadelphia, PA

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