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Listed by Samantha Miller • Mallin Panchelli Nadel Realty Inc
$ 1,200,000
Est. payment | /mo
0.69 Acres Lot
$ 1,200,000
Est. payment | /mo
0.69 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2113258
HOA Y/N N
Annual Tax Amount $21,130
Tax Year 2026
Lot Size 0.690 Acres
Lot Dimensions 168 x 180
Property Sub-Type Land
Source BRIGHT
Property Description
Presenting the exclusive sale of 12 S. Wycombe Avenue, a 42-unit multifamily development opportunity in Lansdowne, PA. Ownership has obtained zoning approval for 41 apartments, 1,085 SF of commercial space and 11 on-site parking spaces. The apartment mix includes: (32) – 1 BR / 1 Bath, (4) – 2 BR / 1 Bath, and (5) 2 BR / 2 Bath. The site includes (3) parcels: 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave and total 30,170 SF. The site is well located on the corner of S. Wycombe Ave and Baltimore Ave; Lansdowne's main commercial corridor. 12 S Wycombe Ave presents a rare opportunity to develop a multifamily building in the heart of Lansdowne, a transforming neighborhood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales in what was formerly a “dry town.” The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.
Location
State PA
County Delaware
Area Lansdowne Boro (10423)
Zoning BALTIMORE AVE MIXED USE
Exterior
Water Access N
Garage N
Building
Sewer Other
Water Other
Schools
School District William Penn
Others
Tax ID 23-00-03620-00
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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