$1,200,000
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1616 McKean Street Philadelphia, PA 19145 Municipality: Philadelphia
Other
Residence
Beds
Baths
4,900
Sq. Ft.
0.11
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Rare-to-find Redevelopment Opportunity in South Philadelphia! This 4,900 sq ft commercial warehouse, set on a 70' x 70' corner lot, offers significant potential for redevelopment in the thriving New Bold neighborhood. Zoned I2-Medium Industrial, the site is potentially ideal for a range of uses,... including multi-unit residential, office space, or mixed-use development, etc. Buyers are advised to verify zoning requirements with the City of Philadelphia for specific project feasibility. Currently operating as an auto repair shop, the property will be delivered vacant before settlement. Located near East Passyunk Avenue, South Broad Street, and Washington Avenue, this fast-growing neighborhood offers excellent rental demand, business traffic and appreciation potential, supported by new construction nearby and proximity to public transportation, restaurants, and employment hubs. This rare corner lot presents a prime chance to capitalize on South Philadelphiaâs booming market with a project tailored to meet the areaâs high demand for residential and commercial spaces.
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MLS#
PAPH2400618
Property Type
Other
Year Built
1920
Square Feet
4,900
sq. ft
Price per Sq. Ft.
$244.90
Lot Size
0.11
Sewer
Public Septic System, Public Sewer
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