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Map
$1,140,453*
●
Land -
Off Market
304 CHERRY STREET
PHILADELPHIA, PA 19106
Studio
0 Bath
$968,000 - $1,182,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
We're very pleased to make available this rare VACANT LAND
development opportunity. Located at 304 Cherry in the heart of Old
City Philadelphia: The most Historic Square Mile in the USA. This
LOT offers 20.5' x 82' of developable space, The AIR RIGHTS
included in this offering allow the upper levels to be 20.5'
wide, (allowing for FOUR exposures to sunlight / windows on all
four sides or property), and also allows for bump-outs
(cantilevers) over adjacent alley, at sides, and rear of the lot.
Zoning is CMX3 (one of the least restrictive zoning
classifications - over 50+ uses "by right") - permitted uses
include TWO FAMILY, MULTI FAMILY and OTHER USES include some
LIVE/WORK SPACE, OFFICE, DOCTOR OFFICE, RETAIL SALES, and
COMMERCIAL SERVICES opportunities, Single Room Occupancy and more -
please see City Zoning Guide for more info and confirm with your
attorney. Built into this transaction is the ability for the
developer to use an adjacent space as staging for the build.
For developers looking to expand on this opportunity - this
offering is adjacent to another development opportunity, please see
MLS#: PAPH947500 for more info - or call your local friendly
Realtor. Buyer to verify tax amounts. Seller is motivated.
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$406
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 31, 2022 | No longer available | - | |
No longer available | |||
Aug 19, 2021 | Relisted | $1,075,000 | |
Relisted | |||
Aug 18, 2021 | No longer available | - | |
No longer available | |||
Apr 29, 2021 | Relisted | $1,075,000 | |
Relisted | |||
Apr 28, 2021 | No longer available | - | |
No longer available |
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Townhouse
3
Beds
3.5
Baths
3,182 ft²
$338/ft²
$1,075,000
Sep 15, 2022
-
$3,742/mo
Active
Townhouse
4
Beds
3
Baths
1,915 ft²
$572/ft²
$1,095,000
Jan 2, 2023
-
$1,131/mo
Active
Condo
2
Beds
2
Baths
2,684 ft²
$391/ft²
$1,049,000
Sep 14, 2022
-
$945/mo
Active
Condo
2
Beds
2
Baths
2,169 ft²
$461/ft²
$999,000
May 3, 2022
-
$1,091/mo
Active
Townhouse
3
Beds
4
Baths
3,114 ft²
$321/ft²
$999,000
Jan 5, 2023
-
$2,511/mo
Active
Condo
2
Beds
2
Baths
1,559 ft²
$593/ft²
$925,000
Jan 6, 2023
-
$698/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/14/2020
|
|
Loft
|
-
|
-
|
$1,075,000
Loft
-
|
-
-
|
-
|
Michael McCann
BHHS Fox & Roach
|
10/07/2019
|
|
Loft
|
-
|
-
|
$595,000
Loft
-
|
-
-
|
-
|
-
|
10/05/2018
|
|
Studio
|
-
|
-
|
$1,075,000
Studio
-
|
-
-
|
-
|
-
|