4346 Griscom StPhiladelphia, PA 19124

For Sale
$799,000

Prime Philadelphia land, 46-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 17,193 square foot lot in Philadelphia, Pennsylvania (zip code 19124), presents a unique opportunity for multi-family residential development. Located at 4346-56 Griscom Street, this fee simple property is zoned for multi-family use, with a variance already approved for the construction of 46 residential units. The property's size makes it one of the largest developable parcels currently available in the city. Previous zoning as RSA-5 has been superseded by the approved variance, streamlining the development process. This turnkey project offers significant potential for investors and builders, with an estimated cost per unit significantly below market rates. The convenient location near major transportation routes ensures easy access to all that Philadelphia offers, making this an attractive proposition for future residents. This is a rare chance to acquire a substantial, ready-to-develop site in a thriving market. The property is being offered for sale by owner at $799,000. Don't miss this chance to build something exceptional in a prime Philadelphia location.

Highlights

  • 46-unit approved development plan.
  • $17,000 per unit projected cost.
  • One of Philadelphia's largest developable land parcels.

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0124960555
Longitude
-75.088940435983
4346 Griscom St, Philadelphia, Pennsylvania

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4346 Griscom St
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