New construction is booming all around this location and it is an excellent development opportunity in West Oak Lane with CMX-2 Zoning. The property is situated on 174 frontage x 139 depth with a total of 35,554 SQ FT. Multi-family development opportunity exists for an apartment building. A By-right feasibility has been conducted and a 4-story building with approximately 73-109 units could be built. Each unit would be 962 SQ FT. The current building is 1 story building which was a banquet facility and is 12,074 SQ FT of interior space plus added bonus of a large parking lot to accommodate 30 plus car parking. Other possibilities exists such as a Catering Hall or Commissary. The sale also includes two billboards. The property is being sold in as-is condition. Easy access to Limekiln Pike, Cheltenham Ave, Route 309, Stenton Ave and Broad St.
Courtesy of: RE/MAX @ HOME Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 7th October, 2022 5:44 PM (UTC)