3314 Fairmount Ave
Philadelphia, PA 19104
The Mount · Land For Sale · 1.90 AC

98 unit Qualified Opportunity Zone mixed use development parcel located in the booming University City submarket of Philadelphia, Pennsylvania. This is one of the most prominent employment centers on the eastern seaboard with tens of millions of SF in new development underway in the biomedical, office, research, higher education and residential sectors. Conditional zoning permit in hand to develop 98 apartments on top of commercial plus parking. One and two bed apartments. 2 commercial spaces. 16 parking spaces. Bike spaces. Elevator. 5 stories. 83K SF. Upper units should have river views looking out over Philly's iconic Boathouse Row and Fairmount Park. Skyline vistas in either direction overlooking Center City (downtown Philly) and the UCITY new skyline on the rise. Economical construction costs achievable with stick frame over podium building; 4 over 1 design. Unparalleled location with access to world class Drexel University and Science Center, Schuylkill Yards, Penn Presbyterian, Platinum Corridor, Cira Centre South campuses and innovation districts. Convenient to Amtrak 30th St Station connecting to DC and NYC in under 2 hours. Qualify for the 10 year tax abatement before the program expires. Time of essence. Inquire within for pro forma financials, architectural plans, survey, Phase 1 environmental, consolidated deed and conditional zoning. MAKE YOUR MOVE!