Unique development opportunity in Philadelphia Convention Center. There are multiple developmental projects going on in the neighborhood. Currently there is a Pizza restaurant on the first floor of the existing structure, 4 residential units. Plus 50+ parking lots on the rear side of this property. There are two parcels and 4 addresses , from 325 to331 N 12th Street. Parking spot worthy about $80K to $100K each if for sales. There are leases for the parking lots and restaurant, which can provide your client with a steady income while they are applying for any architectural plan and usage. Their leases are not extremely long so you can choose to not renew their leases or relocate them after your complete your project. Since it is one block away from the convention center, hotel, parking lots building, mixed usage complexes are all good usages.
Property Details
Property Features
Listing Office:
Office Name: Liberty Real Estate
Office Phone: (215) 625-4725
Listing Agent: Richard Q Li
Lot Features
Lot Information:
Lot Size: 0.17 Acres
School Info
Assigned Schools Information:
Benjamin Franklin High School, Public District Grades 9-12
Spring Garden School, Public District Grades KG-8
Other
Directions Information:
Directions: 12th Street and Vine Street
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $5,666,000
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $5.4M more than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2318600
Listing Office:
Office Name: Liberty Real Estate
Office Phone: (215) 625-4725
Listing Agent: Richard Q Li
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Spring Garden School
685 N 12th St
Distance between this listing and this school0.52 miles
Public District Grades KG-8
High School
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school0.41 miles
Public District Grades 9-12
Assigned Schools
3
/10
Spring Garden School
685 N 12th St
Distance between this listing and this school0.52 miles
Public District Grades KG-8
Nearby Schools
4
/10
General Philip Kearny School
601 Fairmount Ave
Distance between this listing and this school0.66 miles
Public District Grades KG-8
3
/10
Laura W. Waring School
1801 Green St
Distance between this listing and this school0.67 miles
Public District Grades KG-8
Nearby Schools
8
/10
Folk Arts-Cultural Treasures Charter School
1023 Callowhill St
Distance between this listing and this school0.12 miles
Public Charter Grades KG-8
3
/10
People For People Charter School
800 N Broad St
Distance between this listing and this school0.68 miles
Public Charter Grades KG-8
4
/10
Young Scholars Charter School
900 N Marshall St
Distance between this listing and this school0.84 miles
Public Charter Grades 5-8
Assigned Schools
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school0.41 miles
Public District Grades 9-12
Nearby Schools
2
/10
Math Civics and Sciences Charter School
447 N Broad St
Distance between this listing and this school0.24 miles
Public Charter Grades 1-12
2
/10
The Sd of Philadelphia Virtual Academy
440 N Broad St
Distance between this listing and this school0.30 miles
The neighbors living near this home have an average income of $58,152. Residents of Philadelphia, PA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 325 N 12th St
What is the listing price of this property?
The listing price of 325 N 12th St property is $5,666,000.
What type of property is this?
The property 325 N 12th St is land located in Philadelphia, Pennsylvania, 19107.
Is this property for sale now?
Active Listing: 325 N 12th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 325 N 12th St are: Spring Garden School: GreatSchools Rating 3/10Benjamin Franklin High School: GreatSchools Rating 2/10
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This home is located at 325 N 12th St in Philadelphia, PA and zip code 19107 in the Callowhill neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since February 03, 2024 and is currently priced at $5,666,000.
In April 2024, from all listings sold in Philadelphia, PA there were more than 242 sold above asking price, over 502 sold below and more than 216 were sold right at the asked price. In April 2024 in Philadelphia, PA there were 9.8% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $258,806, while the average time on the real estate market was 50 days.
From Rocket Homes Real Estate and based on county public records data.