Corner Development Site with High-Rise
For Sale
$19,000,000
1540 Hamilton Street, Philadelphia, PA 19107
Large corner parcel with two major frontages and CMX-4 zoning supporting neighborhood-serving retail and multifamily development.
Property SizeContact for details
Days on Market71
Property Features for 1540 Hamilton Street
General Information
Standard status
Active
Property subtype
Development Site
Zoning
CMX-4
Listing Agency:
MPN Realty, Inc.
Listed By:
Kenneth Mallin · License #RM424929
(267) 238-1711
Source:
Mpnrealty
Added: Jun 25
Changed: Aug 8
Last Checked: Sep 2 at 4:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MPN Realty, Inc.
Investment Insights
Based on property information with market context.
1540 Hamilton Street is a 22,977 SF corner development site with two extremely large street frontages. The property offers 230 feet of frontage on 16th Street and 100 feet on Hamilton Street, providing substantial frontage for new construction along both sides of the block.
The parcels are currently zoned CMX-4. This zoning allows for neighborhood-serving retail and service uses, as well as multifamily residential uses. The site is located in the Logan Square area, directly across from Callowhill, with access to Broad Street and the Central Business District, and it also sits near Philadelphia’s Art Museum district. It is next to the next phase of the Rail Park, described as “The Cut.”
The seller also owns the adjacent site at 16th & Callowhill (1527-47 Callowhill Street), totaling 40,849 +/- SF, and is offering a “unity of use” strategy between the two parcels to support increased combined FAR. Both sites are zoned CMX-4, and the “unity of use” approach is presented as enabling a combined FAR of 318,585, plus any additional FAR bonuses that may be available for a high-rise building. Site plans for both properties are included with the offering.
The parcels are currently zoned CMX-4. This zoning allows for neighborhood-serving retail and service uses, as well as multifamily residential uses. The site is located in the Logan Square area, directly across from Callowhill, with access to Broad Street and the Central Business District, and it also sits near Philadelphia’s Art Museum district. It is next to the next phase of the Rail Park, described as “The Cut.”
The seller also owns the adjacent site at 16th & Callowhill (1527-47 Callowhill Street), totaling 40,849 +/- SF, and is offering a “unity of use” strategy between the two parcels to support increased combined FAR. Both sites are zoned CMX-4, and the “unity of use” approach is presented as enabling a combined FAR of 318,585, plus any additional FAR bonuses that may be available for a high-rise building. Site plans for both properties are included with the offering.
Key Highlights
- 22,977 SF corner development site at 1540 Hamilton Street with two major frontages: 230' on 16th St and 100' on Hamilton St.
- CMX‑4 zoning allows neighborhood‑serving retail/service uses and multi‑family residential uses (by right).
- Unity of use strategy may allow a combined CMX‑4 FAR via 16th & Callowhill (1527‑47 Callowhill St) to the Hamilton site.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 19107, PA
17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Large corner parcel with two major frontages and CMX-4 zoning supporting neighborhood-serving retail and multifamily development.
Where is this commercial land located?
The property is located at 1540 Hamilton Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $19,000,000.
What are key features of this property?
This property features: 22,977 SF corner development site at 1540 Hamilton Street with two major frontages: 230' on 16th St and 100' on Hamilton St.; CMX‑4 zoning allows neighborhood‑serving retail/service uses and multi‑family residential uses (by right).; Unity of use strategy may allow a combined CMX‑4 FAR via 16th & Callowhill (1527‑47 Callowhill St) to the Hamilton site.
