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Informations principales sur l'investissement

  • Located on the Avenue of the Arts in Center City Philadelphia with dual frontage on Broad and Watts Streets.
  • Excellent access to public transit and major roadways, including Broad Street Line and I-76.
  • Income-producing through a short-term parking lease during pre-development phase.
  • Zoned CMX-4, supporting high-density mixed-use development.
  • Surrounded by cultural landmarks, theaters, and a robust dining and retail environment.
  • Positioned in a high-demand corridor with strong residential and commercial growth trends.

Résumé analytique

This development opportunity is located on South Broad Street in the heart of Philadelphia’s Avenue of the Arts corridor. The site spans multiple parcels with frontage on both Broad Street and Watts Street, offering unmatched visibility and accessibility in Center City. Positioned near the intersection of Broad and Lombard Streets, the property benefits from proximity to acclaimed cultural venues, luxury residential towers, and a thriving retail and dining scene.
The property is zoned CMX-4, allowing for a wide range of mixed-use development possibilities, including residential, commercial, and hospitality projects. Currently operating as an income-producing parking lot, the site provides short-term revenue while offering long-term redevelopment potential. Its location within Philadelphia’s Central Business
District ensures strong demand drivers, supported by excellent transit connectivity and walkability.
Surrounded by major attractions such as the Kimmel Cultural Campus, Suzanne Roberts Theatre, and numerous dining establishments, this property is ideally suited for developers seeking to capitalize on the city’s continued growth and cultural vibrancy. With unlimited development potential and a premier address on one of Philadelphia’s most iconic streets, this site represents a rare investment opportunity in a dynamic urban market.

Informations sur l’immeuble

Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Commercial
Surface totale du lot 0,08 ha
Zonage CMX4 - zoning allows for a mix of commercial, residential, and institutional uses, supporting vibrant, multi-functional areas.

1 Lot disponible

Lot

Surface du lot 0,08 ha

The property consists of multiple parcels totaling approximately 0.21 acres, located at 417-19 and 421 South Broad Street and 404-14 South Watts Street in Philadelphia, Pennsylvania. It is currently used as a commercial parking lot and is zoned CMX-4

Description

The property consists of multiple parcels totaling approximately 0.21 acres, located at 417-19 and 421 South Broad Street and 404-14 South Watts Street in Philadelphia, Pennsylvania. It is currently used as a commercial parking lot and is zoned CMX-4. The site is situated near the intersection of Broad and Lombard Streets within the Avenue of the Arts corridor in Center City. The surrounding area includes cultural institutions, theaters, restaurants, and residential developments. The property has frontage on both Broad Street and Watts Street and is accessible to public transportation, including the Broad Street Line.

Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100

Taxes foncières

Taxes foncières

N° de parcelle
Multiple
  • 885792360
  • 885794140
  • 885792480
Évaluation du terrain
2 118 777 €
Évaluation des aménagements
0 €
Évaluation totale
2 118 777 €
  • ID de l’annonce: 39748438

  • Date de mise sur le marché: 12/03/2026

  • Dernière mise à jour:

  • Adresse: 417-421 S Broad St, Philadelphia, PA 19147

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