Mixed-Use Land for Sale in Philadelphia, Pennsylvania
2200 N Hope St Philadelphia, PA 19133
Development opportunity.... Scenario 1: The CMX-2 property can be developed as (1) residential unit atop of ground floor commercial space. 80% coverage gets a building footprint of 16x33. The other properties are zoned for single family so they can support a similar 31-32' deep structure, used as single family.
Scenario 2: If these are all one lot, then there is a split zoning scenario, whereas the most restrictive district (CMX-2 or RSA-5) controls the entire lot. So because RSA-5 would comprise at least 10% of the total lot area, the entire parcel defaults to RSA-5, single family. If you planned to do anything but single family, then you'd have to get a zoning variance. Assuming you do an RM-1 style unit calculation, then you'd be looking at a total of 9 residential units. The shallow depth of these lots would present an unconventional layout for a singular building, but again anything is possible.
Scenario 3: A final option would be to combine these into larger single family lots, in which case each new lot would need to be at least 16' wide, and 960 s.f. minimum. So perhaps doing double wide lots with homes on them might make sense. Please consult your zoning attorning for further details.
Property details
- County
- Philadelphia County
- Community
- Philadelphia
- School District
- The School District of Philadelphia
- Elevation
- 36 feet
- MLS Number
- TREND PAPH2385590
- Date Posted
Property taxes
- Year not provided
- $1,944
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 10, 2024 | Price drop | $569,000 | $76,000 -11.8% | TREND |
Sept 19, 2024 | Price drop | $645,000 | $40,000 -5.8% | TREND |
Sept 2, 2024 | Price drop | $685,000 | $114,999 -14.4% | TREND |
Aug 12, 2024 | New listing | $799,999 | — | TREND |