Fantastic development opportunity on bustling Ridge Avenue! 2 separate lots being sold as a package. 1549 Ridge lot dimensions are 13x53, and 1551 Ridge lot dimensions are 13x45. Zoned CMX25. Please note there is an easement between the 2 lots.
Francisville, located between Fairmount Avenue and Girard Avenue, is a residential and artsy Philadelphia neighborhood with a rowhouse streetscape and a pocket-park feel. The neighborhood’s character concentrates around Ridge Avenue near Fairmount Avenue, where corner cafes, small studios, and low-key bars set a steady, conversational pace. Community pillars include the Divine Lorraine Hotel’s landmark silhouette, the Metropolitan Opera House’s grand facade, and the Francisville Playground as a daily gathering green. Brick twins and newer infill sit side by side on tight blocks, with stoops and tree pits shaping the street scene. Broad Street’s transit spine frames the east edge, while Ridge Avenue angles through with a slightly off-grid energy.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Fee simple ownership
Exterior features
Lot dimensions approximately 26 x 53 (estimated)
No tidal water
Home design
Property under construction (construction not completed)
Construction
Construction not completed
Utilities
No public sewer system
Financial info
City/town tax approximately $1,428
School tax approximately $1,817
Total annual tax approximately $3,246 (tax year 2024)
Tax assessed value approximately $231,900
Assessment year 2025
Other
Located on Ridge Ave, Philadelphia
Electricity and solar
View estimated energy costs and solar savings for this home
The CMX-2.5, Neighborhood Commercial Mixed-Use district is primarily intended to accommodate active commercial and mixed-use development, including pedestrian-friendly retail and service uses in commercial nodes and along commercial corridors. The range of allowed uses is slightly narrower than the CMX-2 district and the development standards are intended to promote a pedestrian-oriented environment.
Zone overlays
Narcotics Injection Sites Overlay District
Fifth District Overlay District
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Office
Research & development
Library
Historical weather
Philadelphia, PA • 19130
Average low and high temperatures (°F)
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57
42
43
30
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Sun exposure
53/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.5 hrs
2.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1549 & 1551 Ridge Ave
$297,324
$28K under list price of $325K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $230K to $465K.