$450,000

4223-4225 Powelton Ave

PHILADELPHIA PA, 19104

Description

Do you have any developers or clients who are looking for an opportunity to invest in TWO large lots immediately adjacent to the Drexel Athletic Field located in West Powelton. Tremendous amount of activity in the neighborhood including an 11 unit apartment building in construction on Powelton Ave plus essential infrastructure to further biomedical research development is coming to the area through the auspices of the Barer Institute who are in the midst of working on leasing space at the office building at 3.0 University Place couple blocks away. UPA will bring in much needed lab space to Philadelphia region and will then allow for collaborative opportunities to work closely with for example the Wistar Insitute. This will invite emerging companies to the area in a dynamic scientific environment.and will respond to the needs of Phila burgeoning biotech science sectors. Within walking distance of both Penn and Drexel Universities as well as UPenn Hosp and Presby Hosp and in close proximity to all public transportation and major highways. Located in the Keystone Opportunity Zone (KOZ) and Qualified Oportunity Zone (QOZ)

Details

MLS#PAPH927780
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site27

Features

ZoningRSA5
Acreage0.06
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19104
Area19104 (19104)
Listing VS Median (in 19104)
Price:
$450,000
low | high
Med:
$50,000
100% of Average
On Site:
27
low | high
Med:
225.500000
11.973392461197% of Average
Listing Updated: 09/27/2020
Jacqui Greenberg LogoMLS Number: PAPH927780
Listing Provided By:
Jacqui Greenberg  of  Coldwell Banker Welker Real Estate
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