$1,495,000

Estimated payment $8,732/month

Total Views 109,148
0.2 Acre
$7,475,000 Price per Acre
8,750 Sq Ft Lot

About This Lot

Calling all commercial investors and developers for an excellent development opportunity in Kingsessing.
This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking.
The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit.
All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor.

Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University.
It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.

Listing Agent

Andre Quain

KW Empower Listed on: 02/23/2025

KW Empower

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,787

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 70.00 x 125.00
  • Property is zoned CMX2

Community Details

  • No Home Owners Association
  • Kingsessing Subdivision

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 882924146

Property Details

Property Type

Land

Est. Annual Taxes

$7,787

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Exclusions: Tenants personal property
  • Remarks Public: Calling all commercial investors and developers for an excellent development opportunity in Kingsessing. This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking. The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit. All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor. Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University. It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 170.86
  • Street Number Modifier: 4817

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: AA0
  • Lot Size Acres: 0.20
  • Lot Dimensions: 70.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8750.00
  • Year Assessed: 2024
  • Zoning: CMX2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4360.00
  • Tax Annual Amount: 7787.00
  • Assessor Parcel Number: 882924146
  • Tax Lot: 166
  • Tax Year: 2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $1,495,000 -11.8% --
02/23/2025 02/23/25 For Sale $1,695,000 -- --
Source: Bright MLS

About the Listing Agent

Andre Quain

KW Empower

(866) 621-3625

Section Image

André is a Philadelphia native who has been in the real estate business for nearly a decade. He has a great appreciation and understanding for Philadelphia’s diversity, culture, and architectural integrity, and his vast knowledge of each neighborhood is what makes him excel in matching people with properties.
Andre’s passion for his city and his drive to restore and maintain its deep history, has led him to purchase, renovate, rent and sell his own properties throughout the area. Having

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Source: Bright MLS

MLS Number: PAPH2448576

Bright MLS