Property

Philadelphia, PA 19123 705 N American Street

705 N American Street Philadelphia, PA - Image 1705 N American Street Philadelphia, PA - Image 2705 N American Street Philadelphia, PA - Image 3
9 more
705 N American Street Philadelphia, PA - Image 4705 N American Street Philadelphia, PA - Image 5705 N American Street Philadelphia, PA - Image 6705 N American Street Philadelphia, PA - Image 7705 N American Street Philadelphia, PA - Image 8705 N American Street Philadelphia, PA - Image 9705 N American Street Philadelphia, PA - Image 10705 N American Street Philadelphia, PA - Image 11705 N American Street Philadelphia, PA - Image 12705 N American Street Philadelphia, PA - Image 13
Presented By: Styer Real Estate
  • MLS# PAPH2452904
  • 05/08/2025
  • Request Tour
  • Request Info

Home Details

A rare chance to develop in the center of one of Philadelphias 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 areas 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 Philadelphias premier dining, art galleries, and nightlife, as well as inviting community parks and green spaces. With both Penns 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.
Presented By: Styer Real Estate

General for 705 N American Street

Acceptable FinancingCash, Conventional, Private, Joint Venture
Additional Parcels Y/NNo
Association Recreation FeeN
CityPHILADELPHIA
Clean Green Assessed Y/NNo
Condo/Coop Association Y/NNo
CountyPHILADELPHIA
Current UseParking, School
DirectionsFrom Fairmount Ave, right on N. American St., property on right
DisclosuresAgent Related to Owner
ExclusionsTenants property
HOANo
Historic Y/NNo
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet2539.00
Lot Size UnitsSquare Feet
MLS Area19123 (19123)
ModificationTimestamp2025-05-08T23:35:34
MunicipalityPHILADELPHIA
OwnershipFee Simple
PossessionSubject to Existing Lease, Immediate, Negotiable
Possible UseApartment Building, Mixed Use, Retail, Residential
Price Per Sq Ft Total AG334.78
Property SubtypeLand
Property TypeLand
School DistrictPHILADELPHIA CITY
SewerPublic Hook/Up Avail
Standard StatusActive
StatusACTIVE
Subdivision NameNORTHERN LIBERTIES
Tax Annual Amount3909.0
Tax Assessed Value279300.0
Tax Year2024
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station 1 to 5 miles
UtilitiesCable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
ZoningCMX25

Exterior for 705 N American Street

Horse Y/NNo
Land Use CodeSI
Lot Dimensions20.00 x 125.00
Lot FeaturesCleared, Level, Road Frontage
Lot Size Acres0.06
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road Frontage Length20
Road ResponsibilityCity/County
Road Surface TypePaved
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $850,000
MLS#PAPH2452904
List Date 05/08/2025
Property Type Land
Request Tour
Request Info
Visit My Website

Similar Properties to 705 N American Street

Get Pre-approved