512 S Broad St - Schools FOR SALE


Philadelphia, PA 19146- Avenue Of The Arts South
$13,500,000 USD
610-276-3153
512 S Broad St, Philadelphia, PA for Sale
$13,500,000 USD
Schools - FOR SALE
1/3
null | Request Cap Rate

512 S Broad St
Philadelphia, PA 19146
Avenue Of The Arts South


OVERVIEW

Avison Young is pleased to offer 512–520 S Broad Street (“Broad & South” or “Property”) in Philadelphia for sale to qualified investors. The offering encompasses a 31,604-square-foot land parcel located in the Center City submarket at the intersection of two of Philadelphia’s most iconic streets. Broad & South presents a well-located development opportunity in an emerging, highly desirable area of Philadelphia. The surrounding neighborhood has become an increasingly attractive destination for millennials, driven by significant multifamily development, vibrant nightlife, arts and culture, and excellent public transit connectivity. The site is zoned CMX-4, allowing for a wide range of permitted commercial and residential mixed-use development. This property represents an exceptional opportunity for a new owner to bring their vision to life and capitalize on a premier development site ideally suited for a transformative mixed-use residential and retail project.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

World Communications Charter School

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,970 SF

ZONING

CMX4

APN/PARCEL ID

772520400

ASK ABOUT THIS PROPERTY

Adam GillespieAvison YoungMore Info
610-276-3153

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Adam GillespieAvison YoungMore Info
610-276-3153

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.