705 N American Street

A rare chance to develop in the center of one of Philadelphia’s most desirable neighborhoods. This 2,539 square foot CMX2.5-zoned vacant lot offers an exceptional opportunity for investors or developers to build a signature mixed-use or residential project. Situated in a vibrant urban community, the property is a blank canvas ready to become the area’s next landmark destination. With limited available land in Northern Liberties, opportunities like this are truly rare and highly coveted.

PROPERTY DETAILS
Lot Size: 2,539 sq ft of vacant land
Zoning: CMX2.5 (Mixed-Use) – allows multi-story residential over ground-floor commercial
Potential Uses: Ideal for luxury condos/apartments, mixed-use development with retail, boutique offices, or other commercial space
Adjacent Property: Contiguous to a separately listed 9,700 sq ft commercial building (on a 5,000 sq ft lot) also for sale – offering a combined 7,500 sq ft development site if acquired together
Current Use: Parking and play yard for daycare
Lease Terms: Subject to (NNN) lease terms for 209-15 Fairmount Ave, expires 12/31/26

This property is just steps away from Philadelphia’s premier dining, art galleries, and nightlife, as well as inviting community parks and green spaces. With both Penn’s Landing and Old City within easy walking distance, its appeal is truly unmatched.

Easy accessibility to Public Transit & Highways – Conveniently located near I-95, I-676 on-ramps and steps from the Market- Frankford Line.

ADDITIONAL OPPORTUNITY- ADJACENT COMMERCIAL BUILDING FOR SALE
MLS# PAPH2452892
Address: 209-215 Fairmount Ave, Philadelphia, PA 19123
Lot Size: 5009 Sq Ft
Building Size: 9,700 SF
Year Built: Circa 1805-1848
Zoning: CMX-2.5 (Commercial Mixed-Use)
Current Use: Daycare Facility
Lease Terms: Triple Net (NNN)
Lease Term: 8 years, commencing December 31, 2026
Net Operating Income (NOI): $183,000 per year
Bundling the properties would create the potential for a larger combined development site. Seize the chance to secure a foothold in Northern Liberties’ ongoing success story – opportunities like this are exceedingly rare and won't last long.