Description
Rare development opportunity in booming West Philadelphia's Cedar Park neighborhood! Vacant corner lot at 49th & Florence, zoned RM-1, ideal for by-right multifamily or single family construction. Ideally positioned with excellent corner exposure and development potential on a quiet residential block just off Baltimore Ave and near University City. Previously approved (zoning permit now expired) for a 3-story, 3-unit multifamily building with roof deck access. Full zoning plans, ROW approval, and drawings are available upon request. Surrounded by new development and located just steps from Clark Park, SEPTA trolley, regional rail lines, and Cedar Park. Seller prefers settlement after Jan 1, 2026. Buyer is responsible for all due diligence, including zoning approval and permitting. Property is being sold strictly as-is, where-is. Can be bundled with nearby lot at 4913 Florence Ave (MLS# PAPH2538346) for a larger development play. Agent has financial interest.
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Description
Rare development opportunity in booming West Philadelphia's Cedar Park neighborhood! Vacant corner lot at 49th & Florence, zoned RM-1, ideal for by-right multifamily or single family construction. Ideally positioned with excellent corner exposure and development potential on a quiet residential block just off Baltimore Ave and near University City. Previously approved (zoning permit now expired) for a 3-story, 3-unit multifamily building with roof deck access. Full zoning plans, ROW approval, and drawings are available upon request. Surrounded by new development and located just steps from Clark Park, SEPTA trolley, regional rail lines, and Cedar Park. Seller prefers settlement after Jan 1, 2026. Buyer is responsible for all due diligence, including zoning approval and permitting. Property is being sold strictly as-is, where-is. Can be bundled with nearby lot at 4913 Florence Ave (MLS# PAPH2538346) for a larger development play. Agent has financial interest.
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