For Sale
$750,000

4949 Wayne AvePhiladelphia, PA 19144

Philadelphia Commercial Land, 20 Units Approved

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 4,546 square foot commercial land parcel, located at 4949 Wayne Avenue in Philadelphia, Pennsylvania (zip code 19144), presents a unique investment opportunity. Currently zoned CMX-2.5, the property has already received approval for the construction of a 20-unit multifamily development, catering to the increasing demand for housing in this vibrant area. Its strategic location offers easy access to public transportation, making it convenient for residents. Furthermore, the property's proximity to numerous amenities, including cafes ideal for business meetings, and opportunities for outdoor recreation, enhances its appeal and potential rental income. The site is situated in a thriving Philadelphia neighborhood, providing investors with a strong foundation for a successful project. This prime location offers significant growth potential, making it an attractive proposition for developers seeking to capitalize on the flourishing Philadelphia real estate market. The asking price for this exceptional development opportunity is $750,000. This is a rare chance to acquire a fully approved site ready for immediate development in a high-demand area. Don't miss this chance to build your next successful project.

Highlights

  • Prime location for multifamily or high-rise development.
  • Walkable to abundant amenities.
  • Excellent proximity to outdoor recreation.
  • Convenient walk to cafes, ideal for business meetings.
  • Easy access to public transit.

Property Details for 4949 Wayne Ave

Property type
Land
Units
20

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.025529281832
Longitude
-75.167453337113
4949 Wayne Ave, Philadelphia, Pennsylvania

FAQs

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4949 Wayne Ave
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