325 North 12th Street
$5,666,000
7,480 / 0.17
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.
- Listed by Richard Q Li • Liberty Real EstateP: (267)-767-7612 richard4493@gmail.com
Property Details for 325 North 12th Street
Tax ID Number
05-6328900
OwnershipFee Simple
HOANo
WaterfrontNo
GarageNo
SubdivisionCENTER CITY
SubdivisionCENTER CITY (PHILADELPHIA PA)
Cross StreetVINE
LISTING UPDATED: 08/14/2024 05:02 AM
Property Details for 325 North 12th Street
Status | Active |
---|---|
MLS # | PAPH2318600 |
Days on Market | 324 |
Taxes | $5,368 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.17 AC |
County | Philadelphia County |
Building Information for 325 North 12th Street
Lot Size0.17 AC
Property Information for 325 North 12th Street
Property History for 325 North 12th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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