Shovel-Ready Mixed-Use Development
For Sale
$1,150,000
1640 Ridge Avenue, Philadelphia, PA 19130
Fully approved mixed-use plan for 12 apartments and ground-floor retail, designed for immediate execution upon entitlement completion.
Property SizeContact for details
Days on Market163
Property Features for 1640 Ridge Avenue
General Information
Standard status
Active
Property subtype
Land
Lease Term
[]
Additional Details
Multifamily Units
12
Listing Agency:
Acquisition Team LLC
Listed By:
Eugene Zlotnikov · License #RS319486
(610) 624-1211
Source:
Deepcreeklake
Added: Mar 26
Changed: Sep 2
Last Checked: Sep 1 at 8:44PM
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 Acquisition Team LLC
Investment Insights
Based on property information with market context.
This fully approved and entitled mixed-use development opportunity is planned for 12 apartments plus 1 bi-level ground-floor retail space. The project is described as shovel-ready, with plans and permits available upon request, allowing an organized path toward construction once documents are reviewed.
The site is located at 1640 Ridge Avenue in Philadelphia’s Fairmount neighborhood, along the Ridge Avenue corridor. The property is positioned for convenient access to Center City, the Philadelphia Museum of Art, and University City, with proximity to multiple established and evolving residential and mixed-use areas.
For developers and investors seeking a permitted start, the appeal here is the stated immediacy of the entitlement status for a residential-plus-retail build. The project configuration supports a live/work approach with ground-floor retail integrated into the development, while the broader location is presented as attractive to professionals, healthcare workers, graduate students, and long-term market-rate tenants. Project pro forma, plans, and permits are available upon request for qualified parties reviewing the development package.
The site is located at 1640 Ridge Avenue in Philadelphia’s Fairmount neighborhood, along the Ridge Avenue corridor. The property is positioned for convenient access to Center City, the Philadelphia Museum of Art, and University City, with proximity to multiple established and evolving residential and mixed-use areas.
For developers and investors seeking a permitted start, the appeal here is the stated immediacy of the entitlement status for a residential-plus-retail build. The project configuration supports a live/work approach with ground-floor retail integrated into the development, while the broader location is presented as attractive to professionals, healthcare workers, graduate students, and long-term market-rate tenants. Project pro forma, plans, and permits are available upon request for qualified parties reviewing the development package.
Key Highlights
- Fully approved and entitled mixed‑use development for 12 apartments and 1 bi‑level ground‑floor retail space
- Shovel‑ready project with pro forma, plans, and permits available upon request
- Located on Philadelphia’s Ridge Avenue corridor in the Fairmount neighborhood
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
2,748
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully approved mixed-use plan for 12 apartments and ground-floor retail, designed for immediate execution upon entitlement completion.
Where is this residential land & home lot located?
The property is located at 1640 Ridge Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Fully approved and entitled mixed‑use development for 12 apartments and 1 bi‑level ground‑floor retail space; Shovel‑ready project with pro forma, plans, and permits available upon request; Located on Philadelphia’s Ridge Avenue corridor in the Fairmount neighborhood
