304 Cherry St
Available Property

304 Cherry St

Property Description:

This CMX-3 zoned site currently comprises six individual condominium parking spaces, rented on a month-to-month basis. In 2015, the sellers had an approved zoning permit for developing two single-family homes, each six stories tall with one covered parking spot. These zoning documents are available in the marketing brochure. If a buyer wishes to develop the site, the sellers are prepared to sign a consolidated deed and sell the site as one parcel. The CMX-3 zoning allows for commercial mixed-use development by right. To proceed with building the two single-family homes, the buyer must re-submit architectural drawings to the City of Philadelphia for approval, and engaging an architect is recommended for exploring development possibilities.

 

 

 

 

 

Approximate Size:
0.04 AC
Sale type:
Sale
Rate:
$1,200,000