1. Pennsylvania
2. Philadelphia
3. 246 S 59TH STREET

246 S 59TH STREET, Philadelphia, PA 19139

Property Description

Introducing an exceptional opportunity at 246 S 59th Street, a stunning ±28,690 SF corner parcel located at the vibrant intersection of 59th and Manning in West Philadelphia. This prime development site is situated in an Opportunity Zone (QOZ) and boasts zoning approval for an exciting project that could accommodate up to ±95 modern apartments, currently in the process of obtaining preliminary approvals. With ongoing rezoning initiatives in the area, this rare find presents immense potential for growth and development. Enjoy easy access to University City, Philadelphia’s bustling hub of innovation and employment, featuring state-of-the-art districts dedicated to technology, biomedical sciences, healthcare, and higher education. Prestigious institutions such as the University of Pennsylvania (Ivy League), Drexel University, CHOP, and the Science Center are rapidly transforming this neighborhood into a world-class destination, significantly enhancing its appeal and investment potential. The property is being offered with zoning approval in place, making it a highly desirable option for developers looking to capitalize on West Philadelphia's trajectory. The site will be sold and considered as-is. For those interested, conceptual plans are available upon inquiry. Please keep in mind that it is the buyer's responsibility to verify all taxes, entitlements, and square footage during due diligence. Seize this extraordinary opportunity to play a key role in the evolution of West Philadelphia!

Listing Status:

Active

Date Added:

April 18, 2025 at 05:00AM

Listing Office:

Tesla Realty Group, LLC : 8448375274

Listing Agent:

Steve Burke Jr. : 2674710443

MLS ID:

PAPH2472092

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA

Lot

Utilities

Financial

This listing courtesy of Steve Burke Jr., Tesla Realty Group, LLC