990 W Tabor Road, Philadelphia, PA 19141 | MLS PAPH2336642 | Listing Information | Nestfully
Courtesy: Moshe Adika - TCS Management, LLC; Phone: (215) 383-1439
FOR SALE
$1,000,000

990 W Tabor Road
Philadelphia, PA 19141

21,464
Sq. Ft.
0.49
Acres Lot
Land, Business Opportunities
31 days on Nestfully 42 views
Excellent investment opportunity awaits at 990 W Tabor St, where 77 proposed units can be built without the need for a zoning variance. This prime 16,940 square foot commercial lot, adjacent to Einstein Hospital, offers a "By-Right" development opportunity, ensuring a streamlined process for potential developers. Benefit from a 10-year Tax Abatement and capitalize on the property's location within a Federal Opportunity Zone, unlocking potential tax incentives for savvy investors. Positioned amidst a robust medical employment hub, with institutions like Einstein Medical Center, Temple University Hospital, and Shriner's Hospital for Children nearby, this location promises steady demand from medical professionals and staff. Convenient access to public transportation further enhances the property's appeal, with SEPTA's Fern Rock Transportation Center just a short walk away. This strategic location ensures easy commuting for future residents, with a mere 20-minute ride to Center City Philadelphia. Seize the opportunity to develop 77 apartment units on this vacant land, strategically located in the Olney Section of Philadelphia. With CMX-2 zoning in place, new ownership can move forward confidently in creating a thriving residential community near major employment centers. Don't miss out on this exceptional chance to invest in the growth potential of the Tabor Road Multi-Family Development Site.
PAPH2336642
Land, Business Opportunities
Other
2024
PHILADELPHIA
0.49 Acres
Public
Public Sewer
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Courtesy: Moshe Adika - TCS Management, LLC; Phone: (215) 383-1439
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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