Presenting the exclusive sale of 12 S. Wycombe Avenue, a 42-unit multifamily development opportunity in Lansdowne, PA. Ownership has obtained zoning approval for 41 apartments, 1,085 SF of commercial space and 11 on-site parking spaces. The apartment mix includes: (32) – 1 BR / 1 Bath, (4) – 2 BR / 1 Bath, and (5) 2 BR / 2 Bath. The site includes (3) parcels: 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave and total 30,170 SF. The site is well located on the corner of S. Wycombe Ave and Baltimore Ave; Lansdowne’s main commercial corridor. 12 S Wycombe Ave presents a rare opportunity to develop a multifamily building in the heart of Lansdowne, a transforming neighborhood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales in what was formerly a “dry town.” The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.
86 days
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76
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5
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Zillow last checked:
Listing updated:
Listed by:
Samantha Miller215-692-3107,
Mallin Panchelli Nadel Realty Inc2154134900
Source: Bright MLS,MLS#: PADE2113258
Facts & features
Property
Lot
Size: 0.69 Acres
Dimensions: 168 x 180
Details
Parcel number: 23000362000
Zoning: BALTIMORE AVE MIXED USE
Zoning description: Baltimore Ave Mixed Use District
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