Description
1728-50 Germantown Ave,
Philadelphia,
PA
19122
Hunters Real Estate has been retained on an exclusive basis to arrange for the sale of 1728-50 Germantown Avenue, a rare large scale mixed use development site and an amazing development opportunity ready for purchase in Kensington. The lot has 240 ft of frontage on North 5th Street as well as along Germantown Avenue, providing a total of 11,033 square feet of land. The subject property which is nestled between Fishtown, Temple University, and just north of Northern Liberties is in a neighborhood that is on a trajectory of substantial growth, which is visible from the multitude of recent new and under construction developments in the immediate area. Located in the Qualified Opportunity Zone and the ability to have a 10 year tax abatement on a new structure, this development also provides valuable tax incentives.
Listing By: Keller Williams Philly via Data Source: Bright MLS
2759652-PAPH2176242
MLS ID
Price History
date | price | variance | type | global |
---|
3/22/2023 | $1,425,000 | 20.79 % | Sold | view listing |
1/5/2023 | $1,799,000 | - | Contract |
listing agent: Nicholas Giganti