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2509-2537 N Broad St 3 Acres of Commercial Land in Philadelphia, PA 19132

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INVESTMENT HIGHLIGHTS

  • Located in a federally designated Qualified Opportunity Zone
  • Immediate access to SEPTA Broad Street Line and regional rail
  • Approved for 118 residential units with potential tax credits
  • Dual zoning (CMX-3 / I-2) supports diverse redevelopment uses
  • 430 ft of frontage on N. Broad Street with 27,981 VPD
  • Adjacent to Temple University and Temple University Hospital

EXECUTIVE SUMMARY

Positioned along the emerging North Broad Street corridor, 2509–2537 N. Broad Street presents a rare and compelling redevelopment opportunity in the heart of Philadelphia. Spanning approximately 3.18 acres, the site includes five existing buildings totaling nearly 98,000 square feet and boasts dual zoning—CMX-3 and I-2—offering exceptional flexibility for developers targeting student housing, multifamily, medical, or mixed-use projects. The property benefits from 430 feet of frontage on N. Broad Street and 325 feet on Cumberland Street, with a daily traffic count nearing 28,000 vehicles. Its strategic location adjacent to SEPTA’s N. Broad Street Station ensures seamless access to the Broad Street Line and regional rail connections, enhancing appeal for transit-oriented development. Located within a federally designated Qualified Opportunity Zone, the site is eligible for significant tax advantages, including capital gains deferral and exclusion for long-term investments through Qualified Opportunity Funds. Its proximity to Temple University and Temple University Hospital—serving over 550,000 patients annually and employing more than 10,000 staff—further amplifies its potential for healthcare or student-focused development. Demographic data within a 5-mile radius reveals a population exceeding 1 million, with over 64,000 businesses and 559,000 employees, underscoring the area’s economic vitality. Environmental reports and surveys are available for qualified prospects, and historically preserved tax credits may apply to portions of the site.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Convenience Store
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Open Space
  • Parking Lot
  • Restaurant
  • Single Family Development
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 3.00 AC
Year Built 1922
Opportunity Zone Yes
Zoning CMX-3/I-2 - Community Commercial Mixed-Use district

1 LOT AVAILABLE

Lot

Lot Size 3.00 AC

DESCRIPTION

97,905 SF on 3.18 Acres. Zoning – CMX-3 / I-2 – Commercial Mixed Use/Industrial – City of Philadelphia. Located within a Qualified Opportunity Zone (QOZ). Current approvals in place for 118 residential units. Historically preserved tax credits potentially available for portion of site. Immediate access to North Broad Street SEPTA station. Prime exposure with direct frontage on Broad St (110’) / Cumberland St (106’). Environmental reports/survey available to qualified prospects.

Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 885947300
  • 885947180
  • 885842960
Land Assessment
$364,200
Improvements Assessment
$0
Total Assessment
$364,200
  • Listing ID: 37478578

  • Date on Market: 8/29/2025

  • Last Updated:

  • Address: 2509-2537 N Broad St, Philadelphia, PA 19132

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