417-423 N Chris Columbus Blvd, Philadelphia, PA 19123
Local realty services provided by:ERA Central Realty Group
Listed by: david m cohen
Office: compass pennsylvania, llc.
MLS#:PAPH2576266
Source:BRIGHTMLS
Price summary
- Price:$13,000,000
About this home
2 Acres on Waterfront In Prime Location
for Development
By-Right Development Potential
Pier25 is a by-right development site permitting a broad range of uses, including multifamily, for-sale residential, retail, office, and hotel. A recent highest-and-best-use analysis identifies multifamily residential with supporting commercial uses as the optimal development strategy. The property has also received prior development approvals, further enhancing its entitlement profile.
Compelling Investment Opportunity
Shifting demographic, cultural, and economic trends continue to favor urban, waterfront living, positioning Pier25 as a highly attractive long-term investment. The site offers a rare opportunity to acquire a prime waterfront parcel at today’s market pricing, with significant upside potential as market conditions and demand drivers continue to strengthen. These fundamentals are expected to support sustained growth in residential and mixed-use development along Philadelphia’s Central Waterfront....
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Home facts
- Listing ID #:PAPH2576266
- Added:60 day(s) ago
- Updated:March 24, 2026 at 01:37 PM
Structure and exterior
- Lot area:0.57 Acres
- Lot Features:River
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$13,000,000
- Tax amount:$36,376 (2025)
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