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Philadelphia, PA, 19146
Prime CMX-2 development opportunity located on the rapidly growing Point Breeze Avenue corridor. This approximately 2,100 SF lot offers excellent potential for a mixed-use project with commercial space at the ground level and residential units above. Surrounded by new construction, established businesses, and strong residential demand, the location supports a wide range of development possibilities. The property’s unique footprint presents an opportunity for a creative, architecturally distinct project that can stand out in a competitive market. In addition to the land offering, this property is also being repositioned as a potential to-be-built, turnkey development opportunity, with builder collaboration available for buyers seeking a more streamlined approach. Conveniently located near Center City, major highways, public transportation, and neighborhood amenities. Drive by and explore the potential. ............................................................................................................................................................................................................................. ADDITIONAL BUSINESS RECOMMENDATIONS AND DEMOGRAPHICS: Positioned along the evolving Point Breeze Avenue corridor, this CMX-2 zoned parcel offers a rare opportunity within one of Point Breeze’s fastest-growing residential areas. The immediate neighborhood has experienced significant infill development and demographic transformation, with a population of 12,000+, a median household income approaching $85K–$90K, and a strong concentration of residents aged 25–44. This demographic profile supports consistent demand for walkable, lifestyle-oriented retail and services. Despite this growth, Point Breeze Avenue remains underdeveloped commercially. Existing businesses are primarily bars and small eateries, while essential, daily-use retail is limited. This creates a clear supply-demand gap for uses such as boutique grocery, fresh food markets, café/daytime concepts, fitness/wellness studios, and service retail including salons, pet care, and specialty services. The property’s CMX-2 zoning allows for mixed-use development—ground-floor commercial with residential units above—aligning with proven neighborhood development patterns and maximizing long-term value. For investors and developers, this represents an opportunity to enter a corridor prior to full retail stabilization. For operators, it provides the ability to establish an early presence in a dense, growing neighborhood actively transitioning toward a more complete retail environment.
Listed by: Nathan Guttman, Keller Williams Real Estate - Allentown
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