417-423 N CHRIS COLUMBUS BLVD, Philadelphia, PA 19123
417-423 N CHRIS COLUMBUS BLVD, Philadelphia, PA 19123
417-423 N CHRIS COLUMBUS BLVD, Philadelphia, PA 19123
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Steven Pagan

Steven Pagan

+1(609) 631-5668
Listed by David cohen • Compass Pennsylvania, LLC
$13,000,000
Est. payment /mo
0.57 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2576266

HOA Y/N N

Annual Tax Amount $36,376

Tax Year 2025

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions 107.00 x 244.00

Property Sub-Type Land

Source BRIGHT

Property Description

2 Acres on Waterfront In Prime Location
for Development
By-Right De­vel­op­ment Po­ten­tial
Pier25 is a by-right de­vel­op­ment site per­mit­ting a broad range of uses, in­clud­ing mul­ti­fam­ily, for-sale res­id­en­tial, re­tail, of­fice, and hotel. A re­cent highest-and-best-use ana­lysis iden­ti­fies mul­ti­fam­ily res­id­en­tial with sup­port­ing com­mer­cial uses as the op­timal de­vel­op­ment strategy. The prop­erty has also re­ceived prior de­vel­op­ment ap­provals, fur­ther en­han­cing its en­ti­tle­ment pro­file.

Com­pel­ling In­vest­ment Op­por­tun­ity
Shift­ing demo­graphic, cul­tural, and eco­nomic trends con­tinue to favor urban, wa­ter­front liv­ing, po­s­i­tion­ing Pier25 as a highly at­tract­ive long-term in­vest­ment. The site of­fers a rare op­por­tun­ity to ac­quire a prime wa­ter­front par­cel at today's mar­ket pri­cing, with sig­ni­fic­ant up­side po­ten­tial as mar­ket con­di­tions and de­mand drivers con­tinue to strengthen. These fun­da­ment­als are ex­pec­ted to sup­port sus­tained growth in res­id­en­tial and mixed-use de­vel­op­ment along Phil­adelphia's Cent­ral Wa­ter­front.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning CMX3

Interior

Inclusions The restaraunt Bar that is open seasonally is Cavanaugh Currently has a year to year lease . The lease pays $250, 000/year.

Exterior

Water Access Y

View River

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax ID 882065940

Ownership Fee Simple

Special Listing Condition Standard

Virtual Tour https://naigeis.com/listings/investmentsales/pier25

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Bright MLS (BMLS)

Nearby Locations

Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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