246 S 59th St, Philadelphia, PA 19139
Local realty services provided by:ERA OakCrest Realty, Inc.
246 S 59th St,Philadelphia, PA 19139
$1,038,000
- 0.25 Acres
- Lots / Land
- Active
Listed by: steve burke jr.
Office: tesla realty group, llc.
MLS#:PAPH2687008
Source:BRIGHTMLS
Price summary
- Price:$1,038,000
About this home
246 S 59th St | Philadelphia, PA 19139
Rare opportunity to acquire a fully approved 96-unit mixed-use development site in the heart of West Philadelphia. This CMX-2 zoned project comes with approved zoning plans and architectural drawings already completed, saving a developer significant time and entitlement risk.
The approved plans call for:
• 96 residential units
• 2 commercial spaces
• 6 parking spaces
• 34 bike parking spaces
• Approx. 76,986 GSF development
The project utilizes both the Green Roof Density Bonus and Mixed Income Housing Bonus, allowing for increased scale in a rapidly developing corridor near University City.
Located on a large corner footprint with strong visibility and easy access to public transportation, this site is ideally positioned for a long-term hold, build-to-rent strategy, affordable housing component, or institutional multifamily development.
Property highlights:
• Fully approved zoning permit
• Architectural plans included
• CMX-2 zoning
• Large ±28,538 SF lot
• Strong rental market
• Transit-oriented location
• Tax abatement potential
• Significant scale in growing West Philly corridor
This is an outstanding opportunity for developers looking to capitalize on one of Philadelphia’s strongest rental and redevelopment markets.
Full zoning package, plans, and due diligence available upon request....
Contact an agent
Home facts
- Subdivision & Development:COBBS CREEK
- Listing ID #:PAPH2687008
- Updated:November 11, 2026 at 02:40 PM
Structure and exterior
- Lot area:0.25 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,038,000
- Tax amount:$6,373 (2026)
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