705 N American Street

PHILADELPHIA, PA 19123

  • 2,539 Sqft
  • 2539
    Sqft(Lot)
$850,000

Description

A rare chance to develop in the center of one of philadelphia’s most desirable neighborhoods. this 2,539 square foot cmx2.5-zoned vacant lot offers an exceptional opportunity for investors or developers to build a signature mixed-use or residential project. situated in a vibrant urban community, the property is a blank canvas ready to become the area’s next landmark destination. with limited available land in northern liberties, opportunities like this are truly rare and highly coveted.

property details
lot size: 2,539 sq ft of vacant land
zoning: cmx2.5 (mixed-use) – allows multi-story residential over ground-floor commercial
potential uses: ideal for luxury condos/apartments, mixed-use development with retail, boutique offices, or other commercial space
adjacent property: contiguous to a separately listed 9,700 sq ft commercial building (on a 5,000 sq ft lot) also for sale – offering a combined 7,500 sq ft development site if acquired together
current use: parking and play yard for daycare
lease terms: subject to (nnn) lease terms for 209-15 fairmount ave, expires 12/31/26

this property is just steps away from philadelphia’s premier dining, art galleries, and nightlife, as well as inviting community parks and green spaces. with both penn’s landing and old city within easy walking distance, its appeal is truly unmatched.

easy accessibility to public transit & highways – conveniently located near i-95, i-676 on-ramps and steps from the market- frankford line.

additional opportunity- adjacent commercial building for sale
mls# paph2452892
address: 209-215 fairmount ave, philadelphia, pa 19123
lot size: 5009 sq ft
building size: 9,700 sf
year built: circa 1805-1848
zoning: cmx-2.5 (commercial mixed-use)
current use: daycare facility
lease terms: triple net (nnn)
lease term: 8 years, commencing december 31, 2026
net operating income (noi): $183,000 per year
bundling the properties would create the potential for a larger combined development site. seize the chance to secure a foothold in northern liberties’ ongoing success story – opportunities like this are exceedingly rare and won't last long.

  • Property Type

    Land

  • Subdivision

    Northern Liberties

  • County

    PHILADELPHIA

  • Style

    Land

  • AD ID

    49650084

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Property Details

  • Water/Sewer

    • Water Source : Public

  • Exterior Features

    • Utilities: Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available

    Utility Features

    • Sewer: Public Hook/Up Avail

  • Lot Information

    • Lot Size: 2,539
    • Dimensions: 20.00 x 125.00
    • Lot Size (Acres): 0.06
    • Main Square Feet: 2,539

    Property Information

    • Total Lot SQ ft: 2,539
    • Subdivision: NORTHERN LIBERTIES
    • Financing: Cash,Conventional,Private,Joint Venture
    • Appx. Lot Dimensions: 20.00 x 125.00
    • Total Acreage: 0.06

  • Listing Information

    • Possession: Subject to Existing Lease,Immediate,Negotiable
    • Days Of Market: 2

    Lease Information

    • Lease Considered: No

  • Tax Information

    • Annual Tax: $3,909
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Subject to Existing Lease,Immediate,Negotiable

    Assessment Information

    • Taxes Assessment Amount: $279,300

  • Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,Private,Joint Venture
    • Road Frontage Length: 20
    • Road Surface: Paved

    Homeowners Association Information

    • Direction: From Fairmount Ave, right on N. American St., property on right

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available
    • Water Source: Public
    • Sewer: Public Hook/Up Avail

    Location Information

    • Location Type: Urban
    • Direction: From Fairmount Ave, right on N. American St., property on right
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BuyOwner last updated this listing 05/10/2025 @ 05:26

  • MLS: PAPH2452904
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Land, with 0 bedrooms which is for sale, it has 2,539 sqft, 2,539 sized lot, and 0 parking. are nearby neighborhoods.