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Philadelphia Land Development Opportunity

2127-33 PENROSE Avenue Philadelphia, PA 19145

2127-33 PENROSE Avenue, Philadelphia, PA, 19145
$1,999,999
For Sale
$1,999,999

LAND - PHILADELPHIA, PA

Lot Size0.33 Acres
Days on Market345

Property Features for 2127-33 PENROSE Avenue

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
0.33 Acres

Taxes and HOA fees

Tax Annual Amount
1000
Listing Agency Target Realty
612 Washington Avenue unit: 1, Philadelphia, PA
Listed by Dat Duong
Added: Aug 8, 2025 Checked: Jul 18 at 4:06 am
MLS# PAPH2525622 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property presents an opportunity to invest and build in a desirable area. The site boasts approximately 14,398 square feet of land and includes a previously remodeled two-story detached house with 2 bedrooms and 1.5 bathrooms, approved parking for 4 cars, and a shed. The property allows for the construction of a three-story building with over 20 units and parking. Alternatively, the site could accommodate townhouses valued at a minimum of $5 million each. The property faces three streets, with the front on Penrose Avenue facing the Packer Park/Westrum development, the back on 22nd Street facing Sienna Place, and the right side on Hartranft facing Penrose Plaza/Dunkin Donuts. The left side faces Penrose Diner and Holiday Inn. The location is near FDR Park and minutes from the Navy Yard, the Sports Complex (Welfargo Lincoln Financial Field), the Bellwether District, and Live Hotel Casinos. Highways 95 and 76, as well as the Walt Whitman Bridge, are nearby.

Key Highlights

  • Large 14,398 sq ft lot with development potential.
  • Approved 4‑car parking and a shed included.
  • Potential to build 20+ units or luxury townhouses.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Real Estate Agency Building Supply Spa & Massage Center Hair Salon Big Box & Wholesale Store Skin Care Clinic Electrical Service Auto Parts Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Prime land for development in Philadelphia's desirable location.
Where is this commercial land located?
The property is located at 2127-33 PENROSE Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Large 14,398 sq ft lot with development potential.; Approved 4‑car parking and a shed included.; Potential to build 20+ units or luxury townhouses.
Contact an agent
More about this property
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