130 3Rd StPhiladelphia, PA 19106

This exceptional development opportunity in Philadelphia's historic Old City presents a shovel-ready project for four luxury condominiums situated above a vibrant commercial space at 130 N 3rd Street. All plans and permits are in place, allowing for immediate ground breaking. Designed by Gnome Architects, this project boasts a 98.5% lot coverage approval on a 2,336 square foot lot, resulting in a 12,940 square foot building. The design includes four units: three 2,153 square foot condos (each with three bedrooms, 2.5 bathrooms, and a private balcony accessible from the primary bedroom), and a 2,278 square foot penthouse featuring a private roof deck. The penthouse and each condo will include a dedicated parking space, with the potential for an additional space via car lifts. A 1,731 square foot bi-level retail storefront is also included. This prime location offers unparalleled design flexibility and proximity to art galleries, boutiques, and acclaimed restaurants, creating a blend of luxury and urban living. Projected sales prices range from $600,000 for the retail space to $1,800,000 for the penthouse condo. This is a unique investment opportunity in one of Philadelphia's most desirable neighborhoods. The asking price for the entire property is $1,890,000. The property is zoned CMX-3.