17 S 52nd St, Philadelphia, PA 19139
- $2,100,000
- 28,609
- SqFt
- List Price
- $2,100,000
- Price Change
- ▼ $150,000 1785434821
- Days on Market
- 52
- Status
- ACTIVE
- MLS#
- PAPH2638114
- Living Area
- 28,609
- Lot Size (Acres)
- 0.09
- Style
- Other
- Year Built
- 1920
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
The Parke Building presents a rare redevelopment opportunity in the heart of West Philadelphia’s rapidly evolving 52nd Street corridor. Positioned prominently on the southeast corner of 52nd & Ludlow, this seven-story mixed-use building offers approximately 28,609 square feet on a corner lot with 61 feet of frontage and is located within a Qualified Opportunity Zone. Currently in shell condition, the property still showcases remnants of its original 1920s architectural character while providing a blank canvas for a visionary developer. The property is zoned CMX-4 and includes a use permit for a 46-unit apartment project, creating significant upside potential in a location surrounded by public transportation, neighborhood commerce, and ongoing investment. The rooftop delivers sweeping 360-degree views, including striking views of the Center City skyline, while SEPTA’s 52nd Street Market-Frankford Line station sits just steps away, offering direct access to Center City and University City. This is a unique opportunity to reposition a landmark-scale property in one of Philadelphia’s most transit-oriented corridors.
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Additional Information
- Area
- 19139 (19139)
- Subdivision
- West Philadelphia
- Taxes
- $68168
- Stories
- 7
- School District
- Philadelphia City
- View
- City
- Heating
- None
- Heating Fuel
- None
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Genstone Realty. Contact: 4844601545