246 S 59TH ST, Philadelphia, PA 19139
Land 
Built in —— 
0.25acre lot
—— car garage 
$——/sqft 
Listed 1 month ago
Property Description
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.
- Listing Status:
- Active
- Data Last Updated:
- June 24, 2026 at 7:16AM
- Listing Office:
- Tesla Realty Group, LLC : 8448375274
- Listing Agent:
- Steve Burke Jr. : 2674710443
- MLS ID:
- PAPH2620866
- Zoning: CMX2882969330
- Current Use: Land/Lot Only
- Water: Public
- Sewer: Public Sewer
- Source: BRIGHT_MAIN
This listing courtesy of Steve Burke Jr. , Tesla Realty Group, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
