325 North 12th Street

Philadelphia, PA 19107

$5,666,000
Price
7,480 / 0.17
Lot Size / Acres

Description

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...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.
  1. Listed by Richard Q Li • Liberty Real Estate
    P: (267)-767-7612 richard4493@gmail.com

Property Details for 325 North 12th Street

Tax ID Number
05-6328900
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Subdivision
CENTER CITY
Subdivision
CENTER CITY (PHILADELPHIA PA)
Cross Street
VINE
LISTING UPDATED: 08/14/2024 05:02 AM

Property Details for 325 North 12th Street

StatusActive
MLS #PAPH2318600
Days on Market294
Taxes$5,368 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.17 AC
CountyPhiladelphia County

Building Information for 325 North 12th Street

Lot Size0.17 AC

Property Information for 325 North 12th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19107 (19107)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2003
  • Tax Assessed Value: $64,960
  • Improvement Assessed Value: $40,641
  • Land Use Code: SUPE
  • Zoning: LOT
  • Automatically Update Tax Values Y/N: No
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 35x191 and 32x62
  • Lot Dimensions Source: Estimated
  • Lot Features: Additional Lot(s)
  • Current Use: Parking, Restaurant, Multi Residential
  • Road Surface Type: Paved
  • Road Responsibility: Boro/Township
  • Additional Parcels: Yes
Utilities
Utilities
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone Available, Cable TV Available, Under Ground, Above Ground
  • Water Source: Public
  • Sewer Septic: No Septic Approved, Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 325 North 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 325 North 12th Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 12
Public - 9 to 12
Rating
School
Distance
Spring Garden School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Parkway-Center City
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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325 North 12th Street is a 0.17 ac of land for sale in Philadelphia, PA 19107. This property was listed for sale on February 2, 2024 by Liberty Real Estate, it's currently listed at $5,666,000. This listing's school district is The School District of Philadelphia. Nearby schools include Spring Garden School, Franklin Benjamin High School and The School District of Philadelphia's Virtual Academy. 325 North 12th Street is a 0-bed, 0-bath, 0.17 ac of land on a 7,480 sq. ft. / 0.17 acres lot.

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Listing Courtesy of Liberty Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.