La Salle Area Mixed-Use Redevelopment – 3,600 Sq

Ogontz/Belfield | Mixed-Use Redevelopment | La Salle Area
xx09–11 W Nedro Ave, Philadelphia, PA 19138

ATTENTION INVESTORS, DEVELOPERS & STUDENT HOUSING OPERATORS!
Here’s an expansive mixed-use redevelopment opportunity just steps from La Salle University in the desirable Ogontz/Belfield neighborhood. Previously operated as a duplex and now ready for a full renovation, this approx. 3,600 sq ft building offers multiple exit strategies—commercial with a variance, multi-unit rentals, or high-demand student housing. With strong ARV potential supported by nearby multi-family comps, this project is built for serious repositioning and long-term upside.

🏠 Property Details:

• Approx. 3,600 sq ft building

• Lot size: approx. 31' × 90'

• Currently zoned: RSA-5

• Previously used as a duplex / multi-unit

• Full renovation needed (down-to-studs style repositioning)

• Located in Ogontz/Belfield – La Salle University area

💡 Key Highlights:

• Mixed-use potential – ideal for retail + residential or student rentals (buyer to verify with city)

• Previously a duplex – opportunity to re-establish multi-unit use

• Prime proximity to La Salle University with strong student housing demand

• Large building footprint offering flexible layout options

• Design your own floor plan to maximize rents and ARV

• In a highly desirable, improving neighborhood with rental demand

Value & ARV Potential:

• Renovated multi-family properties of similar size selling up to ~$217/sq ft

• Projected ARV exceeding $600,000+ with a strong repositioning plan (buyer to verify)

• Recent comp:

• 5645 E Wister St, Philadelphia, PA 19144

• Multi-family | Sold for $593,000 | Closed 07/24/25 | Approx. 0.3 miles away

☎📞Call or text our team at: 215-395-6211

Showings by Appointment Only – Serious Buyers / Investors Only.