4-unit mixed-use new construction, zoned CMX2.
A 4-unit mixed-use building is set to rise at 3220 Germantown Ave in Nicetown & Tioga, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 22, 2025.
The 1,344 sq ft site is zoned CMX2, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2024 for $49K. The plans call for new construction of a three (3) story building with basement for use as a shell commercial space (use registration & fit-out permits required prior to occupancy) in the basement and first floor and three (3) family dwelling above as per approved plans. building to be fully sprinklered per nfpa 13. work to include underpinning to be monitored at all times by a pa licensed pe. *2018 ibc review* **separate permits required for mep & fire suppression work**.
The owner of record is Business Advance LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.
It isn't rising in isolation. Within a half-mile, 4 other major projects have broken ground since 2022 — roughly 138 units of new supply — including the 28-unit project at 3120 N Park Ave, the 40-unit project at 1510 W Allegheny Ave, the 43-unit project at 3249 N 16th St. That kind of concentration is exactly what pulls land values, and buyer attention, toward a block.
We'll update this page as the project progresses — leasing, retail tenants, renderings, and construction milestones as they surface. The relevant question for investors and agents: what are the surrounding parcels worth to a builder now that this is coming?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 163 under-built parcels within a half-mile that a developer could still acquire and build — each carrying a builder's max bid. Addresses and figures are members-only.
Unlock the 163 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.