Corner Parking Development
For Sale
$175,000
56-62 N 60TH STREET, Philadelphia, PA 19139
14-space surface parking lot on a corner with CMX-2 zoning and access to SEPTA rail and bus routes.
Property SizeContact for details
Days on Market103
Property Features for 56-62 N 60TH STREET
General Information
Standard status
Active
Property subtype
Unimproved Land
Listing Agency:
Loonstyn Brothers Realty LLC
Listed By:
Joseph M. Loonstyn Jr. · License #RM426384
(267) 252-0223
Source:
Cummingsrealtors
Added: May 31
Changed: Sep 9
Last Checked: Sep 9 at 7:16AM
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 Loonstyn Brothers Realty LLC
Investment Insights
Based on property information with market context.
A 4,320-square-foot corner development site comprising four contiguous tax parcels, currently operated as a 14-space level surface parking lot. The approximately rectangular site offers frontage along N 60th Street and Arch Street, with existing curb access and street visibility. The property is intended to provide a functional foundation for a future redevelopment program, subject to purchaser due diligence and required approvals.
The site is positioned at the southwest corner of N 60th and Arch Streets in the Haddington section of West Philadelphia, approximately one block north of Market Street. It is located near neighborhood retail, public transportation, and established residential blocks. The appraisal reports that the parking operation has historically operated at or near full occupancy, and interim income should be independently verified by prospective purchasers.
Zoned CMX-2 (Neighborhood Commercial Mixed-Use), the property offers a potential path for mixed-use redevelopment. Plans will require independent verification of permitted uses, dimensional requirements, allowable density, ground-floor use requirements, parking requirements, and any zoning relief that may be necessary for a purchaser’s proposed development.
The site is positioned at the southwest corner of N 60th and Arch Streets in the Haddington section of West Philadelphia, approximately one block north of Market Street. It is located near neighborhood retail, public transportation, and established residential blocks. The appraisal reports that the parking operation has historically operated at or near full occupancy, and interim income should be independently verified by prospective purchasers.
Zoned CMX-2 (Neighborhood Commercial Mixed-Use), the property offers a potential path for mixed-use redevelopment. Plans will require independent verification of permitted uses, dimensional requirements, allowable density, ground-floor use requirements, parking requirements, and any zoning relief that may be necessary for a purchaser’s proposed development.
Key Highlights
- 4,320 SF corner development site at the southwest corner of N 60th St and Arch St in West Philadelphia (Haddington).
- Four contiguous tax parcels currently operated together as a 14‑space surface parking lot.
- Approx. 64' frontage on N 60th St and approx. 67' frontage on Arch St with curb access and municipal utility access.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,775
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - 14-space surface parking lot on a corner with CMX-2 zoning and access to SEPTA rail and bus routes.
Where is this parking lot & garage located?
The property is located at 56-62 N 60TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 4,320 SF corner development site at the southwest corner of N 60th St and Arch St in West Philadelphia (Haddington).; Four contiguous tax parcels currently operated together as a 14‑space surface parking lot.; Approx. 64' frontage on N 60th St and approx. 67' frontage on Arch St with curb access and municipal utility access.
