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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 footprin...t 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 Philadelphia’s strongest rental and redevelopment markets. Full zoning package, plans, and due diligence available upon request.
Data Source: Bright MLS
MLS#: PAPH2687008
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This property was listed on 11/3/2026 and last updated as of 11/3/2026 3:07:27 AM. OSI IDX updated the data from Bright MLS on 11/7/2026 at 12:17 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.