705 N American St
Philadelphia, PA 19123


  • $850,000
  • 2,539 Sq/ft
  • Lot 0.06 Acres

Details

PRIME NORTHERN LIBERTIES DEVELOPMENT OPPORTUNITY- VACANT LAND

A rare chance to develop in the center of one of Philadelphia’s most desirable neighborhoods. This 2,539 square foot CMX2.5-zoned vacant lot offers an exceptional opportunity for investors or developers to build a signature mixed-use or residential project. Situated in a vibrant urban community, the property is a blank canvas ready to become the area’s next landmark destination. With limited available land in Northern Liberties, opportunities like this are truly rare and highly coveted.

PROPERTY DETAILS

◆ Lot Size: 2,539 sq ft of vacant land
◆ Zoning: CMX2.5 (Mixed-Use) – allows multi-story residential over ground-floor commercial
◆ Potential Uses: Ideal for luxury condos/apartments, mixed-use development with retail, boutique offices, or other commercial space
◆ Adjacent Property: Contiguous to a separately listed 9,700 sq ft commercial building (on a 5,000 sq ft lot) also for sale – offering a combined ~7,500 sq ft development site if acquired together
◆ Current Use: Parking and play yard for daycare
◆ Lease Terms: Subject to (NNN) lease terms for 209-15 Fairmount Ave, Commences 12/31/26
◆ Property taxes- $3,909

LOCATION AND NEIGHBORHOOD

Northern Liberties is a top-tier Philadelphia neighborhood known for its walkable streets, lively nightlife, and eclectic dining scene, all while maintaining a friendly, artistic community vibe. Residents enjoy being steps away from art galleries, cafes, boutique shops, entertainment venues and green spaces, creating a true live-work-play environment.

◆ High-Value Market: Northern Liberties properties command premium prices, reflecting strong demand and an upscale market.
◆ Thriving Development: Surrounded by ongoing high-end mixed-use condo projects and new townhome developments, signaling a robust growth trajectory.
◆ Transit & Access: Quick access to major highways (I-95, I-676) and public transit (Market-Frankford Line and bus routes) for easy commutes across the city.
◆ Walkable Lifestyle: Steps from top-tier restaurants, trendy cafés, craft breweries, nightlife, and daily conveniences – all within a few blocks.
◆ Waterfront Proximity: Only a short walk to the Delaware River waterfront parks and trails, adding recreation and scenic value for residents.

➤ ADDITIONAL OPPORTUNITY- ADJACENT COMMERCIAL BUILDING FOR SALE

➤ Address: 209-215 Fairmount Ave, Philadelphia, PA 19123
➤ Lot Size: 5009 Sq Ft
➤ Building Size: ~9,700 SF
➤ Year Built: Circa 1805-1818
➤ Zoning: CMX-2.5 (Commercial Mixed-Use)
➤ Current Use: Daycare Facility
➤ Lease Terms: Triple Net (NNN)
➤ Lease Term: 8 years, commencing December 31, 2026
➤ Net Operating Income (NOI): $180,200 per year
Bundling the properties would create the potential for a larger combined development site. Seize the chance to secure a foothold in Northern Liberties’ ongoing success story – opportunities like this are exceedingly rare and won't last long.

https://www.209-15fairmountave.com/branded

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Contact

Feel free to contact us for more details!

Jennifer Gezon

Jennifer Gezon

Styer Real Estate

3283181/ RS347622