Great opportunity to acquire a significant parcel in one of the most sought-after areas for residential and commercial uses in Philadelphia. Situated in the heart of the Art Museum/Fairmount area, this portfolio sale includes two adjacent buildings - 712 N 16th Street and 1606 Swain Street. The main building (712 N 16th Street) was previously used as the Admissions Office for the Philadelphia Housing Authority. The second property (1606 Swain Street) is a converted row home that was previously used as office space. Existing buildings provide the ability to hold and market as rental space or demo to take advantage of the full lot size and maximize FAR. This site borders Center City Philadelphia and is steps away from Fairmount Avenue, the primary commercial corridor serving the surrounding area. NOTE: Seller is tax-exempt entity; purchaser will pay both sides of taxes, inc U&O.
About this Area
Art Museum Area
The focus of the Art Museum Area/Fairmount neighborhood is self-evident: The Philadelphia Museum of Art, the Rodin Museum, the Barnes Foundation, the Franklin Institute, the Academy of Natural Sciences, and the Please Touch Museum — let’s see, have we forgotten any? — are all located in this vibrant, beautifully planned part of the city.
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Data last updated: 09/20/2019.
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