$2,575,000

2023 Annual taxes $4199. 24 unit development opportunity by right with present CMX2 zoning. Potential for an additional 40 to 85 micro units with an upgrade to CMX3 Zoning and a variance. The entire City block across the street was recently rezoned in its entirety to CMX3 Zoning and is the home to the New West $64 million dollar, five story development. The warehouse is located in an Opportunity Zone and may be eligible for affordable housing and new market tax credits. Located in a transit oriented development area, one block to the 60th Street Elevated Market Street train station. Short commute to Center City, Penn and Drexel Universities. Near University City, Cobbs Creek and located within the Revitalizing Haddington neighborhood. The building is presently being used for warehouse storage, the seller has concept drawings for a 24 unit apartment or condo floor plan, a brewery concept designed by the architects who designed the new Yards Brewery and a concept drawing to convert the building to public storage. See virtual tours.