1421 & 1423-25 POPLAR ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19130
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 13,530 sqft
Price per Sqft $103
Subdivision Francisville
MLS Listing ID PAPH2281136
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $11,506
Tax Year 2024
Lot Size 8,725 Sqft
Acres 0.2
Lot Dimensions 62.00 x 122.00
Property Description
**BY RIGHT OPPORTUNITY 22 UNITS OVER THE COUNTER** Seize the opportunity to acquire a high-potential development project in the burgeoning Francisville/Fairmount neighborhood, known for its vibrant new construction and growth. The property at 1421-25 W Poplar St offers approximately 13,530 sq. ft. and was previously operated as a rooming hotel with 31 active rooming licenses. Following a fire in March 2023, the hotel is no longer operational.
Sitting on an 8,725 sq. ft. lot with RM-1 zoning, this property provides flexibility for renovation or redevelopment. By right, you can build up to 22 residential units, making it an ideal candidate for a profitable new development project.
Conveniently located just minutes from the Girard Ave Broad St Line Subway stop, which connects you to Center City within 10 minutes, and even closer to the MET, this location boasts excellent accessibility. The area features a Walk Score of 88, Transit Score of 81, and Bike Score of 82, highlighting its excellent connectivity and bike-friendliness. Nearby parks include Francisville Playground, Franklintown Park, and the Edgar Allan Poe National Historic Site.
Don’t miss this chance to invest in a prime development site with substantial potential for generating cash flow.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Ceiling Fan(s),Wall Unit
Flooring Carpet,Ceramic Tile
Heat Source Natural Gas
Exterior
Utilities Available Electric Available,Natural Gas Available,Sewer Available,Water Available
Waterfront N
Water Access N
View City,Street
Roof Type Unknown
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar,Block,Other
Sewer Public Septic
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 883782000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Financing Cash,Other
Special Listing Condition Standard