246 S 59Th Street Philadelphia, PA $ 1,088,000
246 S 59Th Street
$ 1,088,000
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246 S 59Th Street

Philadelphia, PA, 19139
$ 1,088,000
Baths0.0

Monthly Estimate*

$ 6,699

246 S 59Th Street, Philadelphia, PA 19139 - Image 1
246 S 59Th Street, Philadelphia, PA 19139 - Image 2
246 S 59Th Street, Philadelphia, PA 19139 - Image 3
246 S 59Th Street, Philadelphia, PA 19139 - Image 4
Studio

Lots and Land for sale in Philadelphia, PA

for $1,088,000. The lot size is 0.25.

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 Philadelphias strongest rental and redevelopment markets. Full zoning package, plans, and due diligence available upon request.

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Lots and Land Active

Price

$ 1,088,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,373

Style

Land/Lot Only

Lot Size

0.25

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2620866

Features
General
Sewer Public Sewer
Possession Immediate
Zoning CMX2
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Property Subtype Land
Tax Year 2026
Current Use Land/Lot Only
Ownership Fee Simple
Municipality PHILADELPHIA
County PHILADELPHIA
Property Type Land
HOA N
Subdivision Name COBBS CREEK
Water Access Y/N N
Status ACTIVE
Directions 246 s 59th st
City PHILADELPHIA
MLS Area 19139 (19139)
Lot Size Units Square Feet
Lot Size Square Feet 10890.00
Tax Annual Amount 6373.0
Price Per Sq Ft Total AG 99.91
Acceptable Financing Cash Private
Additional Parcels Y/N N
Vacation Rental Y/N N
Standard Status Active
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Exterior
Water Source Public
Inclusions All attached
Water View Y/N N
Lot Size Acres 0.25
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 246
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* Excluded Features
List By
Tesla Realty Group, Llc

Broker

getpaidwithsteve@gmail.com

Email

Affordability Calculator

$7,230
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,699
Monthly Property Taxes
$531
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2026$1,088,000 Listed Price

Map


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246 S 59Th Street, Philadelphia, PA, 19139 is a Lots and Land for sale at $1,088,000 with a lot size of 0.25. 246 S 59Th Street is a studio with 0.0 baths. The property's zip code is 19139 which is in Philadelphia, PA