Presenting the exclusive sale of 12 S. Wycombe Avenue, a 42-unit multifamily development opportunity in Lansdowne, PA. Ownership has obtained zoning approval for 41 apartments, 1,085 SF of commercial space and 11 on-site parking spaces. The apartment mix includes: (32) – 1 BR / 1 Bath, (4) – 2 BR / 1 Bath, and (5) 2 BR / 2 Bath. The site includes (3) parcels: 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave and total 30,170 SF. The site is well located on the corner of S. Wycombe Ave and Baltimore Ave; Lansdowne’s main commercial corridor. 12 S Wycombe Ave presents a rare opportunity to develop a multifamily building in the heart of Lansdowne, a transforming neighborhood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales in what was formerly a “dry town.” The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.
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Listing Snapshot
Price
$1,200,000
Days On Site
165 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
N/A
MLS® Number
PADE2113258
Status
Active
Property Tax
$21,130
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
5 months ago
Listing updated with changes from the MLS®
5 months ago
Listing first seen on site
General Features
Sewer
Other
Special Circumstances
Standard
Water Source
Other
Zoning
BALTIMORE AVE MIXED USE
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Community Features
MLS Area
Lansdowne Boro (10423)
School District
WILLIAM PENN
Schools
School District
WILLIAM PENN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Mallin Panchelli Nadel Realty Inc