2553 Frankford Ave, Philadelphia, PA 19125

Property Description

Prime Fishtown development opportunity! Three contiguous lots at 2551-2555 Frankford Avenue totaling 4,860 sq ft, offered together as one package. All three lots are zoned CMX-2, offering potential for residential, commercial, or mixed-use development, subject to applicable approvals. Per public records, 2551 Frankford Avenue contains 1,802 sq ft (18' x 82'), and 2553-2555 Frankford Avenue contains 3,058 sq ft (41' x 75'). The offering includes three contiguous lots with two separate tax IDs. All lots must be sold together. Located along Fishtown's vibrant Frankford Avenue corridor, surrounded by restaurants, breweries, retail, new construction, and neighborhood amenities. Convenient access to public transportation, Northern Liberties, Center City, and major highways. SELLER FINANCING AVAILABLE with 20% down, a negotiated fixed interest rate of 7%-9%, interest-only payments, a 5-year term, and a 5% prepayment penalty. Buyer must use seller's preferred title company. Buyer responsible for verifying zoning, lot dimensions, and development feasibility.