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Seize this incredible investment opportunity in the rapidly growing Templetown neighborhood, just one block from Broad Street and minutes from Temple University's bustling campus. 2453-57 N Park Ave is a 4,728 sq ft vacant lot (approx. 48x99 ft) zoned CMX-2, offering a versatile canvas for commercial or mixed-use development. This prime location is ideal for residential units, retail space, industrial use, or other complementary facilities catering to the area's strong demand. For an even greater development footprint, 2453-57 N Park Ave, located directly adjacent to 2453-57, can be purchased alongside 1324 W Cumberland St, an RM-1 zoned property with 2,500+ sq ft of interior space, presenting significant potential for conversion into multiple rental units to meet the growing demand for student and professional housing. Together, these properties offer a combined lot size of over 6,700 sq ft in a high-demand rental market with rising property values. Conveniently located near Temple University Hospital, public transit (Broad Street Line & SEPTA bus routes), and local dining & amenities, this is a rare and lucrative investment opportunity. Contact us today to explore development possibilities and schedule a site visit!
Location
Subdivision HARTRANFT
County PHILADELPHIA
Elementary School -
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MLS number: PAPH2439776
Listing agent: Eric Dvotsky
Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 29 2025 at 11:35 p.m. EST
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