1700-6 Race St

Estimated Monthly Payment: $60,838/mo 1700-6 Race St, Philadelphia, PA 19103 MLS# PAPH2073778 Commercial Sale Listing Status: Active
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REMARKS:

1700 RACE: Trophy development site in Center City Philadelphia overlooking the Benjamin Franklin Parkway (Museum Mile), Cathedral Basilica, Logan Square Park and Comcast global HQ. Over 1M SF in real estate is actively being constructed immediately adjacent to the subject site, next door at Cathedral Square, including world-class offices, apartments, retail. This is the most coveted corner high-rise development parcel in The City of Philadelphia, with a prestigious address and location that cannot be replicated. Previous zoning was approved for a 28-unit 16-storey luxury condo building with underground parking, ground floor retail and garden, 2nd floor wellness center and fitness studio with terrace, panoramic rooftop skyline garden, and 2 penthouses. The 2bd x 2.5ba homes each contain private balconies with an average unit size of 1650 SF. The total proposed building is about 90,000 SF. An alternative plan with a more dense, 56-unit luxury rental apartment building contains a mixture of 1bd (630 SF) and 2bd (920 SF) apartments throughout 83,000 SF in a 16-storey structure. An office building, life sciences building, or hotel could also be constructed by-right / with bonuses according to the CMX4 zoning code. Enquire within for conceptual plans designed by a prominent architectural firm.

OVERVIEW:

Commercial Sale
Active
BRIGHT
PHILADELPHIA
Center City
1890
0.14
6006
Central
Natural Gas
Central A/C
Public
Public Sewer

FINANCIAL:

12500000
46026
46026

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Compass Pennsylvania, LLC

 

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