4530-32 Wayne Ave, Philadelphia, PA 19144

Property Description

RARE DEVELOPMENT OPPORTUNITY IN THE HEART OF GERMANTOWN! PRIME CORNER DEVELOPMENT PACKAGE INCLUDING 4530 WAYNE AVENUE AND 4532 WAYNE AVENUE, OFFERING APPROXIMATELY 4,500 SQFT OF COMBINED LOT AREA WITH RM-1 MULTI-FAMILY RESIDENTIAL ZONING. AN EXCEPTIONAL OPPORTUNITY FOR DEVELOPERS AND INVESTORS LOOKING TO BUILD IN ONE OF PHILADELPHIA’S FASTEST GROWING NEIGHBORHOODS. PRELIMINARY SCHEMATIC DESIGNS HAVE ALREADY BEEN COMPLETED FOR AN 8 UNIT MODERN MULTI-FAMILY DEVELOPMENT WITH A MIX OF 2 BEDROOM AND 3 BEDROOM UNITS. PROJECT FEATURES APPROXIMATELY 7,260 SQFT OF ABOVE GRADE BUILDING AREA AND APPROXIMATELY 6,700 SQFT OF RENTABLE SPACE. UNIT BREAKDOWN: UNIT 1 – 2 BED / 1 BATH – 832 SQFT UNIT 2 – 3 BED / 2 BATH – 1,095 SQFT UNIT 3 – 3 BED / 2 BATH – 1,028 SQFT UNIT 4 – 2 BED / 2 BATH – 705 SQFT UNIT 5 – 2 BED / 2 BATH – 729 SQFT UNIT 6 – 3 BED / 2 BATH – 918 SQFT UNIT 7 – 2 BED / 2 BATH – 665 SQFT UNIT 8 – 2 BED / 2 BATH – 729 SQFT MODERN EXTERIOR DESIGN, EFFICIENT FLOOR PLANS, AND STRONG RENTAL POTENTIAL MAKE THIS AN OUTSTANDING INVESTMENT OPPORTUNITY FOR BUILD-AND-HOLD OR RESALE STRATEGIES. LOCATED NEAR PUBLIC TRANSPORTATION, SHOPPING, RESTAURANTS, SCHOOLS, AND MAJOR HIGHWAYS. ARCHITECTURAL AND SCHEMATIC DESIGN WORK HAS ALREADY BEEN STARTED — SAVING DEVELOPERS VALUABLE TIME AND HELPING STREAMLINE THE DEVELOPMENT PROCESS. DON’T MISS THIS UNIQUE LARGE CORNER DEVELOPMENT OPPORTUNITY IN RAPIDLY GROWING GERMANTOWN!