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709-17 N Penn St, Philadelphia, PA 19123

Philadelphia
Local realty services provided by:CENTURY 21 Mertz & Associates
709-17 N Penn St,Philadelphia, PA 19123
$15,500,000
  • 2.13 Acres
  • Lots / Land
  • Active
Listed by: david m cohen
Office: compass pennsylvania, llc.
MLS#:PAPH2441514
Source:BRIGHTMLS

Price summary

  • Price:$15,500,000

About this home

**Amazing Development Opportunity in Center City** Discover an unparalleled development opportunity at 709-17 North Penn Street, perfectly positioned on the waterfront in Center City. This prime location offers a versatile investment for either resale or long-term hold, currently available for $15,500,000. Alternatively, you can choose to purchase half of the development, with options to buy and build the (47) unit multi-unit side or the (12) luxury townhome side. Separate pricing is available upon inquiry. **Flexible Purchase Options:** - **Seller Incentives:** The seller is willing to purchase back your first two townhomes to assist with pre-sales, offering a unique advantage to developers. - **Owner Financing:** The seller is open to owner financing, providing flexibility to get you into the deal with less cash out of pocket. - **Creative Solutions:** The seller is committed to making this project as lucrative as possible, offering creative solutions tailored to your

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Home facts

  • Listing ID #:PAPH2441514
  • Added:1137 day(s) ago
  • Updated:March 10, 2026 at 01:36 PM

Structure and exterior

  • Lot area:2.13 Acres
  • Lot Features:Bulkheaded, Level

Schools

  • High school:KENSINGTON
  • Middle school:GENERAL PHILIP KEARNY
  • Elementary school:GENERAL PHILIP KEARNY

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$15,500,000
  • Tax amount:$97,259 (2025)

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