304 Cherry St Philadelphia, PA 19106
CMX-3 zoned land in Philadelphia with development possibilities.
Type:Mixed Use
- Added:
- Feb 5, 2024
- Days on Market:
- 806
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 304 Cherry St
General Information
- Standard status
- Active
- Property subtype
- Mixed Use
Listing agent Veronica Blum License #PA
Listing office MPN Realty, Inc.
Listing date Feb 5, 2024
Source Crexi
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.
Overview
Philadelphia Land with Development Potential
This site, zoned CMX-3, consists of 6 individual condominium parking spaces currently rented on a month-to-month basis. A previously approved zoning permit from 2015 allowed for two 6-story single-family homes, each with one covered parking spot. Zoning documents are available upon request. The sellers are willing to sign a consolidated deed to sell the site as one parcel for development purposes. The CMX-3 zoning permits commercial mixed-use development by right. To build two single-family houses, a buyer would need to resubmit architectural drawings to the City of Philadelphia for approvals. Prospective buyers should consult with an architect to explore development possibilities.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.145607
- Latitude
- 39.953014
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FAQs
What type of property is this?
Commercial land - CMX-3 zoned land in Philadelphia with development possibilities.
Where is this commercial land located?
The property is located at 304 Cherry St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: CMX‑3 zoning allows for commercial mixed‑use development by right.; Previously approved zoning permit (2015) for two 6‑story single‑family homes; architectural drawings need to be re‑submitted.; Opportunity to develop the site as one parcel with a consolidated deed already drafted.
