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MLS: #PAPH2620866, Listed By: Steve Burke, Tesla Realty Group, LLC, Source:Bright MLS

246 S 59th Street

PHILADELPHIA, PA 19139
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Acres0.25

Acre(Lot)

246 S 59th St | Philadelphia, PA 19139 Rare opportunity to acquire a fully approved 96-unit mixed-use development site in the heart of West Philadelphia. This CMX-2 zoned project comes with approved zoning plans and architectural drawings already completed, saving a developer significant time and entitlement risk. The approved plans call for: • 96 residential units • 2 commercial spaces • 6 parking spaces • 34 bike parking spaces • Approx. 76,986 GSF development The project utilizes both the Green Roof Density Bonus and Mixed Income Housing Bonus, allowing for increased scale in a rapidly developing corridor near University City. Located on a large corner footprint with strong visibility and easy access to public transportation, this site is ideally positioned for a long-term hold, bui ld-to-rent strategy, affordable housing component, or institutional multifamily development. Property highlights: • Fully approved zoning permit • Architectural plans included • CMX-2 zoning • Large ±28,538 SF lot • Strong rental market • Transit-oriented location • Tax abatement potential • Significant scale in growing West Philly corridor This is an outstanding opportunity for developers looking to capitalize on one of Philadelphia’s strongest rental and redevelopment markets. Full zoning package, plans, and due diligence available upon request.

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Detail Ic Property Details

Property Type : Land

Price : $1,088,000

AD Id : 78892311

MLS Id : PAPH2620866

Lot Size : 0.25 Acre(Lot)

County : PHILADELPHIA

Subdivision: Cobbs Creek

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Feature Features

  • Lot Information

    Lot Size Acres: 0.25 Lot Size Source: Estimated Lot Size Square Feet: 10890

    Property Information

    Subdivision: COBBS CREEK Source Property Type: Land Postal Code Plus 4: 3848

  • Listing Price Information

    Listing Price: $1088000

  • Tax Information

    Parcel Number: 882969330 Tax Year: 2026 Annual Tax: $6373

  • Location Information

    Direction: 246 s 59th st WaterSource: Public
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Nearby Home Value

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ByOwner last updated this listing 06/21/2026 @ 22:15

MLS: PAPH2620866 LISTED BY: Steve Burke, Tesla Realty Group, LLC 844-837-5274 SOURCE: Bright MLS

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