Qualified Opportunity Zone new development site in Fairmount/North Broad section of Philadelphia, Pennsylvania. Totaling 8250 SF with prominent corner exposure, this QOZ site accommodates high density multifamily by right. For sale condos or rental apartments would fulfill swelling residential demand in the under supplied marketplace. Build up to 67 units. Enquire within for feasibility studies. Bonuses are available to achieve higher density. The Location is surrounded by progressive new development in every direction including Divine Lorraine, 1300 Fairmount (478 new units plus Aldi Grocer directly across street), Stable Lofts + more. The area is bound by Fairmount and Francisville to the west, Temple University to the north, Center City Philadelphia to the south and North Broad due east. The site sits right atop the Septa Broad Street subway line at Fairmount Avenue for the ultimate transit oriented development access. Hurry to secure the coveted full 10 year tax abatement while it lasts. MAKE YOUR MOVE.
Listing By Compass Pennsylvania, LLC
Data Last Updated 7:47am - 05/11/2021
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