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Commercial Land with Existing Garage
For Sale
Contact for pricing
Pending

318-20 Budd St, Philadelphia, PA 19104

Existing improvements provide open interior space and large overhead doors.

Property SizeContact for details
Days on Market143

Property Features for 318-20 Budd St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Keller Williams Philly
Listed By: Christopher Hvostal · License #PA RS333378
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:24PM

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 Keller Williams Philly

Investment Insights

Based on property information with market context.

This commercial land parcel includes a 50-foot by 112-foot lot with an existing double-wide, two-story garage. The structure offers open interior areas, substantial ceiling height, and large overhead doors. The property is located within a Qualified Opportunity Zone.

Previously approved plans, now expired, contemplated an eight-unit building with parking for each unit. Those plans are available upon request and provide a documented reference for potential redevelopment considerations. The property is near the University of Pennsylvania and Drexel University in Philadelphia.

The surrounding area includes ongoing development associated with 3.0 University Place, Schuylkill Yards, and the Science Center. The existing garage and prior planning history create a property profile combining land, improvements, and a defined redevelopment concept.

Key Highlights

  • 50‑foot by 112‑foot lot within a Qualified Opportunity Zone
  • Existing double‑wide, two‑story garage with large overhead doors
  • Open interior space and substantial ceiling height

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Florist Plumbing Service Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,616
Businesses Nearby

Demographics for 19104, PA

56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value

Market

Vacancy Rate% for Industrial in Philadelphia, PA

4.3% 2019
2.3% 2020
1.6% 2021
2.3% 2022
8.4% 2023
9.1% 2024
11.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing improvements provide open interior space and large overhead doors.
Where is this commercial land located?
The property is located at 318-20 Budd St Philadelphia, PA.
What are key features of this property?
This property features: 50‑foot by 112‑foot lot within a Qualified Opportunity Zone; Existing double‑wide, two‑story garage with large overhead doors; Open interior space and substantial ceiling height
More about this property
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