Fully approved and entitled mixed-use development opportunity in Philadelphia’s highly sought-after Fairmount neighborhood. Situated along the rapidly evolving Ridge Avenue corridor, this rare shovel-ready project offers investors and developers the ability to break ground immediately in one of the city’s most desirable residential and mixed-use markets. The site is strategically positioned with convenient access to Center City, the Philadelphia Museum of Art, University City, and several of Philadelphia’s most vibrant neighborhoods. Its central location continues to attract strong demand from professionals, healthcare workers, graduate students, and long-term market-rate tenants seeking an urban lifestyle with neighborhood charm. With a projected end value approaching $5 million, the project presents a compelling opportunity to capitalize on Philadelphia’s ongoing growth and limited supply of fully entitled development sites. As development opportunities become increasingly scarce in prime locations, 1640 Ridge Avenue stands out as a true gem—offering certainty, scale, and immediate execution potential. Pro Forma, Plans, and Permits available upon request.
Listed By
Agency Name: Acquisition Team LLC
Agency Phone: 8562145397
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone:
Estimated Payment
$ 3,237.07 per month $2,559.40 Principal & Interest $342.25 Property Tax $335.42 Homeowner's Insurance
1640 Ridge Avenue | MLS# PAPH2630726
This land located at 1640 Ridge Avenue , Philadelphia, PA 19130 is currently listed for sale with an asking price of $1,150,000. The property has approximately 0.05 Acres. Ridge Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.homesale.com today.