1252-54 N 52Nd Street, Philadelphia, PA 19131-4343 $280,000

Beds/Baths: /
Acreage: 0.04
Zoning:
CMX2
MLS#: PAPH2477384

Description

New Development Opportunity! 1252-54 N 52nd St, a new construction, mixed-use (6 residential units over 1 commercial unit) fully permitted, development opportunity is now available in the quickly revitalizing Mill Creek Neighborhood of Philadelphia, Pennsylvania. This future 9.6K+ SF development features 6 units over almost 2K SF of commercial space. The new development will be perfectly designed for professionals, students and long term residents and allow for a new or existing business to grow on the fast revitalizing 52nd St corridor. Secure the coveted partial 10-year tax abatement as well as the Qualified Opportunity Zone Tax Benefit when you buy and build. The QOZ tax incentive allows for (10 year tax deferral on the respective capital gains. A 15% tax reduction on those capital gains when they are taxed in the 10th year. Tax free growth on the opportunity investment as long as the investment is held for 10 years.) The opportunity allows for strong rental demand, asset appreciation and growth forecast for years to come in West Philly. Be a part of the transformational work the The Enterprise Center is doing along N 52nd St as part of their Mainstreet Revitalization Plan. In addition, the site is walkable to stunning Fairmount Park and the Philadelphia Zoo, a short drive to restaurants and bars on 52nd St, 48th St and Baltimore Ave. This submarket is exploding with new rehabs fueled by the healthcare, business and education sectors as revitalization efforts head north from Market Ave and East from UCity. There are new construction comps available. Inquire within for Building financials, Pro forma financials and a full list of Permits and Entitlements. Buy and build today!

Taxes: $331
Lot Dimens: 17.00 x 93.00
Front Footage:
School Dist: The School District Of Philadelphia
Home Assoc: No
Condo Assoc: No

Features

Utilities
Public Water, Public Sewer

Contact Information

Listing Courtesy of: SDG Management, LLC , (267) 318-7080

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 6/03/2025.