246-52 S 59th St

Introducing an exceptional opportunity at 246 S 59th Street, a stunning 28,690 SF corner parcel located at the vibrant intersection of 59th and Manning in West Philadelphia. This prime development site is situated in an Opportunity Zone (QOZ) and boasts zoning approval for an exciting project that could accommodate up to 95 modern apartments, currently in the process of obtaining preliminary approvals. With ongoing rezoning initiatives in the area, this rare find presents immense potential for growth and development. Enjoy easy access to University City, Philadelphia’s bustling hub of innovation and employment, featuring state-of-the-art districts dedicated to technology, biomedical sciences, healthcare, and higher education. Prestigious institutions such as the University of Pennsylvania (Ivy League), Drexel University, CHOP, and the Science Center are rapidly transforming this neighborhood into a world-class destination, significantly enhancing its appeal and investment potential. The property is being offered with zoning approval in place, making it a highly desirable option for developers looking to capitalize on West Philadelphia's trajectory. The site will be sold and considered as-is. For those interested, conceptual plans are available upon inquiry. Please keep in mind that it is the buyer's responsibility to verify all taxes, entitlements, and square footage during due diligence. Seize this extraordinary opportunity to play a key role in the evolution of West Philadelphia!