W North Avenue

Description

### Development Opportunity – ±0.80-Acre Mixed-Use LotExcellent development opportunity on a **±0.80-acre Mixed-Use parcel** featuring a substantial amount of existing impervious surface. The Borough has advised that, due to the existing impervious coverage, **additional stormwater management requirements may not be necessary for future development**. Buyers are encouraged to perform their own due diligence and independently verify all development requirements with the appropriate municipal authorities.The property is located within a **Mixed-Use zoning district**, providing a variety of potential development opportunities. The Seller has been advised that a **duplex is permitted by right**. Additionally, several neighboring properties along the same street contain residential buildings with more than two units. Higher-density development, potentially **four or more units**, may be possible through the applicable municipal approval process; however, no engineering studies, zoning analyses, variance applications, or development approvals have been obtained to confirm this potential. Seller makes no representations or guarantees regarding the number of units that may ultimately be approved or constructed.**Public sewer is available.** Public water is located along **Route 422** but is not currently available on-site. According to the Borough, an **on-site well is an option**. The property is generally level and includes a **waterway easement along the eastern property line**.With its flexible zoning, existing impervious coverage, and development potential, this property presents an excellent opportunity for **developers, investors, or owner-users** seeking a well-located site in Palmyra.