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2620 Frankford Ave - Frankford Flats
0.13 Acres of Residential Land Offered at $1,200,000 in Philadelphia, PA 19125
Investment Highlights
- Located in Fishtown area.
- Frankford Flats boasts a total of 21 units, featuring 20 modern one-bedroom apartments designed for contemporary urban living.
Executive Summary
Property Facts
| Price | $1,200,000 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 0.13 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $1,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.13 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,200,000 | Lot Size | 0.13 AC |
| Price Per AC | $8,897,391 |
| Price | $1,200,000 |
| Price Per AC | $8,897,391 |
| Lot Size | 0.13 AC |
Development Proj: This mixed-use gem comprises 4 contiguous lots, meticulously planned to enhance the vibrant Fishtown community. Frankford Flats boasts a total of 21 units, featuring 20 modern 1-BR apartments designed for contemporary urban living.
Description
Frankford Flats: Premier Development Opportunity in Fishtown, Philadelphia Introducing Frankford Flats, an unparalleled development project for sale in the highly sought-after Fishtown section of Philadelphia. This mixed-use gem comprises four contiguous lots, meticulously planned to enhance the vibrant Fishtown community. Frankford Flats boasts a total of 21 units, featuring 20 modern one-bedroom apartments designed for contemporary urban living. Complementing the residential component is a spacious 1,116 sq ft commercial space, ideal for a boutique shop, trendy café, or creative workspace, adding significant value and versatility to the development. This project comes with comprehensive presentation materials, including color renderings that vividly illustrate the vision for Frankford Flats. Detailed architectural drawings provide a clear vision of the elegant design and functional layout of the units and commercial space. An appraisal report and survey ensure transparency and accuracy, offering a thorough understanding of the project's value and scope. Frankford Flats is equipped with various zoning documents from the City of Philadelphia, demonstrating a level of compliance and readiness for development. With this project nearing shovel-ready status, this is a prime opportunity for investors and developers to quickly bring Frankford Flats vision to life. Located in Fishtown, one of Philadelphia’s most dynamic and desirable neighborhoods, Frankford Flats promises to be a cornerstone of the community. This development is poised to attract professionals, creatives, and entrepreneurs seeking a stylish, convenient, and connected lifestyle. Seize this exceptional opportunity to invest in Frankford Flats and be part of Fishtown’s exciting growth and transformation. (City Approvals and other Documents are from 2019 need updating. Lot Size Shown of 4 Parcels combined Real Estate Taxes TBD)
zoning
| Zoning Code | CMX2 (Mixed Use) |
| CMX2 (Mixed Use) |
-
Mark Orehowsky -
Coldwell Banker Hearthside
Presented by
2620 Frankford Ave - Frankford Flats
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