2527 Lehigh Ave Philadelphia, PA 19132
- Retail properties
- 2,126 SF
Current Use by Public Records
- Retail properties
Property Details for 2527 Lehigh Ave
- Year built
- 1915
- Property size
- 2,126 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a three-story, 2,126 square foot building situated on a 1,023 square foot lot in Philadelphia, Pennsylvania (APN: 281375000). Located at 2527 W Lehigh Ave, zip code 19132, this Fee Simple property boasts CMX-1 zoning, allowing for diverse mixed-use development. Built in 1915, the structure is currently vacant and requires complete renovation. All joists have been replaced, and the interior has been fully framed, providing a blank canvas for a customized project. The building's location on the Lehigh Avenue corridor offers high visibility and proximity to various amenities, including numerous restaurants, grocery stores, banks, pharmacies, and parks such as Reyburn Park and Connie Mack Stadium. The property's classification is C, and the asking price is $90,000, translating to $42.33 per square foot. This redevelopment project offers significant potential for a savvy investor seeking to capitalize on the area's growth and the flexibility afforded by the mixed-use zoning. The property is categorized as an apartment building, single-family rental portfolio, and student housing, presenting multiple development pathways.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1731
- Latitude
- 39.9965
