2230066
60bc40ce-14fb-4f6e-ac27-22f701b0d9a0
us/pa/philadelphia
3528-38 Mount Vernon Street
3528-38 Mount Vernon Street, Philadelphia, PA 19104
- For Sale $1,000,000
- Property Type Other
- Units 18
- Date Updated Mar 24, 2023
- Website 352838mountvernonstreet.sharplaunch.com
Prime Student Housing Location: Excellent location in the University City student housing market. The site is located within walking distance of Drexel University. This is an extremely rare opportunity for a ground-up development site so close to campus.
Fully Approved Plans: Plans are fully approved and set up for developers to come in and deliver high-quality student housing on campus very quickly. The parcel on Mount Vernon Street totals 3,900+ SF with plans in place to construct 18 units with 46 beds.
Transit Friendly: Access to SEPTA Market-Frankford Subway Line, Bus and Trolley Routes, and Regional Rail Line (University City and 30th Street Stations)
Strong Student Demographics: Drexel University attracts some of the wealthiest students in the world. It is a private school with tuition costing $60,000+ per year. Further, the cost for on-campus at Drexel is $950+ per month per student. With this wealthy demographic, you have the opportunity to be rewarded for the Class-A student housing project.
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Location
Getting Around
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Walk Score ®
92/100 Walker's Paradise
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Transit Score ®
90/100 Rider's Paradise
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Bike Score ®
90/100 Biker's Paradise
- City Philadelphia, PA
- Neighborhood Spruce Hill
- Zip Code 19104
- Market Philadelphia
Points of Interest
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40th Street Portal
0.16 miles
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37th Street Station
0.24 miles
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Baltimore Avenue & 42nd Street
0.32 miles
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Chester Avenue & 42nd Street
0.35 miles
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36th St
0.40 miles
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40th Street
0.41 miles
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Woodland Avenue & 42nd Street
0.41 miles
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40th Street & Market Street
0.42 miles
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Baltimore Avenue & 43rd Street
0.43 miles
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Chester Avenue & 43rd Street
0.45 miles
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Getty Gas
0.57 miles
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BP
0.64 miles
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Sunoco
0.65 miles
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Gas & Mini Mart
0.72 miles
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Sunoco
0.74 miles
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Exxon
0.86 miles
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Sunoco
1.26 miles
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Sunoco
1.75 miles
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Sunoco
1.93 miles
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Sunoco
2.02 miles
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Spruce Garage
0.10 miles
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40th Street Parking Lot
0.23 miles
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Curie Garage
0.34 miles
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Walnut Hill College Lot
0.41 miles
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3499 Civic Center Boulevard
0.44 miles
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UPHS Medical Parking Garage
0.46 miles
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Presbyterian Garage
0.47 miles
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CHOP Visitor Parking
0.55 miles
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Lot 38
0.58 miles
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K99-Lot
0.58 miles
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Hilton Inn at Penn
0.33 miles
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Homewood Suites University City
0.33 miles
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Sheraton Philadelphia University City Hotel
0.46 miles
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The Gables
0.65 miles
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The Rittenhouse Hotel
1.49 miles
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Motto by Hilton
1.58 miles
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Pod Philly Hotel
1.59 miles
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Four Seasons Hotel Philadelphia at Comcast Center
1.64 miles
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AKA Rittenhouse Square
1.64 miles
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Sonesta Philadelphia Rittenhouse Square
1.65 miles
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Allegro Pizza
0.08 miles
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Copabanana
0.10 miles
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Pelicana Chicken
0.11 miles
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Renata's Kitchen & Bar
0.14 miles
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Qdoba
0.15 miles
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Beijing
0.16 miles
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Greek Lady
0.16 miles
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HipCityVeg
0.18 miles
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Chipotle
0.19 miles
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Bobby's Burger Palace
0.19 miles
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University of Pennsylvania School of Veterinary Medicine
0.07 miles
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Saint James School
0.28 miles
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The City School at Spruce Hill
0.28 miles
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University of Pennsylvania
0.31 miles
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Parent Infant Center
0.34 miles
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Penn Alexander School
0.40 miles
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Jubilee School
0.41 miles
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Walnut Hill College
0.41 miles
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The Restaurant School at Walnut Hill College
0.42 miles
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University of Pennsylvania
0.42 miles
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Brightside Academy
0.44 miles
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The Creation Station Daycare & Preschool
0.89 miles
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Teachable Moments Childcare
0.93 miles
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Westside Community Day Care Center
1.04 miles
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Haverford Center Comprehensive Day School
1.06 miles
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Caring Center Pre-K
1.11 miles
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Hickman Temple Day Care and Learning Center
1.20 miles
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Global Leadership Academy Charter School Kindergarden
1.39 miles
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Heavenly Hall Day Care Learning Center
1.47 miles
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Point Breeze Head Start Center
1.47 miles
Contacts
Ken Wellar
(215) 454-2879 x 267324
Corey Lonberger
(215) 454-2878 x 267324
Mark Duszak
(215) 454-2884 x 267324
Douglas Emrich
(215) 454-2889 x 267324
Frequently Asked Questions
What is the total square footage of 3528-38 Mount Vernon Street?
3528-38 Mount Vernon Street totals 19,500 square feet.
Tax
- Base Tax $582
- Market Value* $41,600
- Assessed Value $41,600
Find more tax info, including assessment history and abatements, on CommercialEdge.
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
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