267-738-7157
, Philadelphia, PA for Sale
FOR SALE
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The Enterprise Center Portfolio
Philadelphia, PA
Walnut Hill


HIGHLIGHTS

  • Located in a Qualified Opportunity Zone with tax deferral benefits
  • Directly adjacent to SEPTA’s 46th Street Station for unmatched transit access
  • Zoned CMX-3 with TOD and MIN overlays allowing up to 800% FAR
  • Positioned in University City, one of Philadelphia’s fastest-growing districts
  • Surrounded by major employers and institutions including Penn and Drexel

OVERVIEW

Located in the heart of University City, Philadelphia, the Enterprise Center Portfolio presents a rare 2.971-acre redevelopment opportunity across ten contiguous parcels. With street frontage on Market, Ludlow, and Farragut Streets, the site benefits from exceptional transit access—directly adjacent to SEPTA’s 46th Street Station on the Market-Frankford Line—connecting to Center City and beyond. Zoned CMX-3 with Transit-Oriented Development (TOD) and Mixed-Income Neighborhood (MIN) overlays, the site supports a wide array of uses including multifamily, office, retail, and mixed-use development. These overlays allow for a base FAR of 500%, with potential bonuses up to 800%, enabling up to 1,035,208 SF of buildable area for residential projects. The property sits within a Qualified Opportunity Zone (QOZ), offering significant tax incentives for investors. University City is one of Philadelphia’s most dynamic submarkets, home to over 50,000 students and major institutions like the University of Pennsylvania and Drexel University. The area boasts strong job growth, high-income employment, and robust real estate absorption. Recent infrastructure upgrades and proximity to major innovation hubs such as Schuylkill Yards and uCity Square further elevate the site’s long-term value. This offering is structured as a bid process with no set asking price. Binswanger is advising ownership and all offers must be submitted electronically per the memorandum’s instructions. The site is being sold “as is, where is,” and inspections are by appointment only.

ASK ABOUT THIS PROPERTY

Josh HaberBinswangerMore Info
267-738-7157

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Josh HaberBinswangerMore Info
267-738-7157

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