4530-32 WAYNE Avenue Philadelphia, PA 19144

This is a rare development opportunity in the heart of Germantown, Philadelphia. The prime corner development package includes 4530 Wayne Avenue and 4532 Wayne Avenue, offering approximately 4,500 square feet of combined lot area with RM-1 multi-family residential zoning. This is an exceptional opportunity for developers and investors looking to build in one of Philadelphia's fastest-growing neighborhoods. Preliminary schematic designs have already been completed for an 8-unit modern multi-family development with a mix of 2-bedroom and 3-bedroom units. The project features approximately 7,260 square feet of above-grade building area and approximately 6,700 square feet of rentable space. Unit breakdown: Unit 1 - 2 bed / 1 bath - 832 square feet; Unit 2 - 3 bed / 2 bath - 1,095 square feet; Unit 3 - 3 bed / 2 bath - 1,028 square feet; Unit 4 - 2 bed / 2 bath - 705 square feet; Unit 5 - 2 bed / 2 bath - 729 square feet; Unit 6 - 3 bed / 2 bath - 918 square feet; Unit 7 - 2 bed / 2 bath - 665 square feet; Unit 8 - 2 bed / 2 bath - 729 square feet. The location is near public transportation, shopping, restaurants, schools, and major highways. Architectural and schematic design work has already been started, saving developers valuable time and helping streamline the development process. The lot size is approximately 0.0352 acres.