800 Spring Garden StPhiladelphia, PA 19123

This exceptional 69,696-acre commercial and residential land parcel presents a rare in-fill development opportunity in Philadelphia's thriving Callowhill neighborhood. Located at the corner of 8th and Spring Garden Streets, this prime site boasts CMX-3 zoning, allowing for a 348,480 square foot development by right, with potential for up to 522,720 square feet through additional FAR bonuses. Its strategic location offers excellent visibility and access, situated one mile from City Hall and within close proximity to major roadways including I-676, I-95, and I-76, as well as the Ben Franklin Bridge. The property benefits from a high Walk Score (85), Bike Score (91), and a perfect Ride Score (100), providing easy access to city amenities. Nearby amenities include the Rail Park, and upcoming Amazon Fresh and Sprouts grocery stores. Currently leased to the Philadelphia Municipal Court until February 28, 2027, the existing lease provides a favorable net benefit during the buyer's hold period. This property offers unparalleled potential for a high-density development project, capitalizing on the area's significant growth and desirable location. The property's APN is 88-3523020. Lease options are available, and the sale is offered as fee simple ownership. Rent bumps are permitted.