Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Water, River

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    0.57

  • Property Type

    Land

Price

  • Sales Price

    $13,000,000

  • Tax Amount

    36376.0

  • Zoning

    CMX (3, 4), Community Commercial Mixed-Use community and region-serving mixed use development, including retail and service uses

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    36

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of david m cohen , Compass Pennsylvania, LLC

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Rob Freyer

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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.

417 N CHRIS COLUMBUS BOULEVARD 423

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