1323 W VICTORIA ST Philadelphia, PA 19140

Property needs EXTENSIVE rehab. Not a fixer-upper or a little- TLC type of project. Inside the property was cleaned-out completely exposing its original structure. CMX1 zoning and stepping down to multifamily zoning is a possibility.

Conveniently close to public transits. Subway trains on Broad Street along with multiple bus routes to Downtown, Center City, Temple medicals and Temple University. Local and national retailers near-by.

Property is well positioned in a location with exponential growth. The Beury Building, where construction had commenced for the 14-story tower at Broad and Erie that will be transformed into a mixed-use development and hotel. It will have 172 guest rooms, a ground-level and rooftop restaurant, a fitness center, and meeting spaces. Project completion targeted in October 2024.

Looking south on Broad Street, less than 1 mile from the Beury Building,a major development planned for the North Broad Street Station. A project to redevelop existing parcels into a mixed-use Transit Oriented Development of up to 4 million square feet. The project will stimulate redevelopment in the area, and will be a catalyst for the expansion and upgrading of Temple's medical complex.

Seller financing can be arranged with 50% down. MASSIVE UPSIDE for anyone who can get this right.

Disclosure: Seller is a real estate professional.