718 Sussex Road, Wynnewood, Pennsylvania 19096


Listing IDPAMC2041524
Price$5,500,000
StatusACTIVE
SqFt 70,000
Acres 6.110
CountyMontgomery
Property TypeCommercial Sale
Property Sub TypeFive Or More Units
This is a very unique opportunity to acquire a fully approved development site along Philadelphia's prestigious Main Line. Given the extreme barriers to entry in this area, there are only a handful of these opportunities left to be developed. The Knox Farm site separates itself from the other opportunities by offering over 6 acres. This will allow ample yards, common areas, and parking for its tenants— making it a true one-of-a-kind opportunity. The site consists of a ±6.1-acre parcel approved for 8 carriage houses, the redevelopment of 2 single-family homes (historic), and 6 condominiums to be built in the existing farmhouse. The unit mix for each is very attractive with (3) two-bedroom/two-bath units and (3) three-bedroom/three-bath units in the original house, (4) carriage houses, and the (2) "country" houses that average 2,800± square feet. Each unit/house will have a private garage and amenity space on the site is available as well. Located blocks off of Lancaster Avenue in the affluent town of Wynnewood in Lower Merion Township, the Knox Farm Development Opportunity is situated in one of the premier locations in all of Suburban Philadelphia. Lower Merion School District is one of the best in the country and is continually ranked in the Top 1%. With a median income of $145,000 within a one-mile radius, the opportunity for high-end condos and townhomes would have enormous demand from potential buyers. *Detailed Information and Plans on the Knox Farm Development Site are available to prospective purchasers.
© 2022 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing courtesy of TCS Management, LLC. Data last updated on Wednesday, July 6th, 2022 01:29:47 AM.

Contact - Listing ID PAMC2041524

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Brett Furman

528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060

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