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Marianne S. Welds
Direct Office:
(703) 869-1320
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Marianne S. Welds
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Direct Office:
(703) 869-1320
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FOR SALE
$925,000

318-20 N Budd
Philadelphia, PA 19104

Mixed Use
Commercial
9,000
Sq. Ft.
0.13
Acre Lot
Courtesy: KW Empower, vicki@kwempower.com
Home> Pennsylvania> Philadelphia> 19104
Back on the market at a greatly reduced price! 318-20 N Budd Street is a 50 foot by 112 foot lot within a Qualified Opportunity Zone. This property has multiple strategies and can be built into an apartment building and held to take advantage of the QOZ, sold to another investor looking for the same opportunity or divided into 8 condos with parking and sold individually. Current existing structure on the property is a double wide, 2-story garage primed for development. This property's close proximity to Penn and Drexel creates a variety of possible strategies to capitalize on your investment. Zoning and plans were previously approved (now expired) to develop an 8 unit building with parking for each unit (plans available upon request). A tremendous amount of development is taking place in the area, including 3.0 University Place, Schuylkill Yards and the Science Center.
PAPH2339298
Commercial - Mixed Use, Other
1925
PHILADELPHIA
0.13 Acres
Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Bike Score

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Courtesy: KW Empower, vicki@kwempower.com
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