New construction is booming all around this location and it is an excellent development opportunity in West Oak Lane with CMX-2 Zoning. The property is situated on 174 frontage x 139 depth with a total of 35,554 SQ FT. Multi-family development opportunity exists for an apartment building. A By-right feasibility has been conducted and a 4-story building with approximately 73-109 units could be built. Each unit would be 962 SQ FT. The current building is 1 story building which was a banquet facility and is 12,074 SQ FT of interior space plus added bonus of a large parking lot to accommodate 30 plus car parking. Other possibilities exists such as a Catering Hall or Commissary. The sale also includes two billboards. The property is being sold in as-is condition. Easy access to Limekiln Pike, Cheltenham Ave, Route 309, Stenton Ave and Broad St.
Listing Courtesy of RE/MAX @ HOME
The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby's International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.
Sotheby's International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Lusk & Associates Sotheby's International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies.