1817 Ranstead St, Philadelphia, PA 19103

$2,000,000

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List Price
$2,000,000
Days on Market
84
Status
ACTIVE
MLS#
PAPH2618190
Lot Size (Acres)
0.04
County
Philadelphia
School District
Philadelphia City

Property Description

Positioned in the very core of Philadelphia’s most iconic neighborhood, this is a rare, large-scale development opportunity just steps from Rittenhouse Square. Comprising two fully consolidated parcels and zoned CMX-5—the city’s highest-density, most flexible commercial designation—this offering unlocks the potential for a truly transformative project in a location where opportunities of this scale are increasingly scarce. CMX-5 zoning allows for the greatest height and density permitted under Philadelphia code, making this site ideally suited for a landmark mixed-use tower, ultra-luxury residential development, boutique hotel, or a flagship corporate or institutional presence. With development plans and architectural concepts already in place, investors can significantly accelerate the timeline from acquisition to execution. Surrounded by some of the city’s most prestigious residential buildings, nationally recognized dining, high-end retail, and cultural institutions, the property sits at the intersection of lifestyle and commerce. The neighborhood consistently attracts strong foot traffic and commands premium pricing, supported by an affluent, highly engaged population and continued demand for luxury living and experiential retail. Connectivity is another major advantage. The site offers seamless access to Center City’s business district, major transit lines, top universities, and leading medical institutions, making it an ideal location for a project that caters to professionals, residents, and visitors alike. This is more than just a development site—it’s a chance to establish a defining presence in one of Philadelphia’s most vibrant and enduring neighborhoods. Opportunities with this scale, zoning, and location are exceptionally limited. Reach out to obtain full architectural plans, zoning details, and due diligence materials.

Additional Information

Area
19103 (19103)
Subdivision
Rittenhouse Square
Taxes
$5194
School District
Philadelphia City
Water
Public
Sewer
Public Sewer

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Listing courtesy of MAXWELL REALTY COMPANY. Contact: (215) 546-6000