718 SUSSEX ROAD

WYNNEWOOD, PA, 19096

$5,500,000

$78 per ft²
$5,500,000
$78 per ft²
Active
Active
 - For Sale
carpenters-square
70,000 ft²
property_type
Commercial
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.
MLS® ID:
PAMC2041524
Updated:
10/1/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
6.11 acres lot
Sewer
Public Sewer, Public Septic

School Information

School District
LOWER MERION

Other Property Details

Area Name
Lower Merion Twp (10640)
Taxes
$43869.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
MONTGOMERY
Water Source
Public
Pool
No
Zoning
R3
Contact