Positioned in the very core of Philadelphia’s most iconic neighborhood, this is a rare, large-scale development opportunity just steps from Rittenhouse Square. Comprising two fully consolidated parcels and zoned CMX-5—the city’s highest-density, most flexible commercial designation—this offering unlocks the potential for a truly transformative project in a location where opportunities of this scale are increasingly scarce. CMX-5 zoning allows for the greatest height and density permitted under Philadelphia code, making this site ideally suited for a landmark mixed-use tower, ultra-luxury residential development, boutique hotel, or a flagship corporate or institutional presence. With development plans and architectural concepts already in place, investors can significantly accelerate the timeline from acquisition to execution. Surrounded by some of the city’s most prestigious residential buildings, nationally recognized dining, high-end retail, and cultural institutions, the property sits at the intersection of lifestyle and commerce. The neighborhood consistently attracts strong foot traffic and commands premium pricing, supported by an affluent, highly engaged population and continued demand for luxury living and experiential retail. Connectivity is another major advantage. The site offers seamless access to Center City’s business district, major transit lines, top universities, and leading medical institutions, making it an ideal location for a project that caters to professionals, residents, and visitors alike. This is more than just a development site—it’s a chance to establish a defining presence in one of Philadelphia’s most vibrant and enduring neighborhoods. Opportunities with this scale, zoning, and location are exceptionally limited. Reach out to obtain full architectural plans, zoning details, and due diligence materials.
Lot/land
$2,000,000
1817 Ranstead Str, Str, PA 19103
--beds
--baths
1,550Square Feet
Unimproved Land
Built in ----
1,550 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 17 days |
- 84 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Nancy Alperin 215-620-0099,
MAXWELL REALTY COMPANY (215) 546-6000
Source: Bright MLS,MLS#: PAPH2618190
Facts & features
Property
Lot
- Size: 1,550 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 881000186
- Zoning: CMX5
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Rittenhouse Square
HOA
- Has HOA: No
Location
- Region: Str
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $371,100
- Annual tax amount: $5,194
- Date on market: 5/6/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$3,137/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $2,000,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Rittenhouse
Nearby schools
GreatSchools rating
- 9/10Greenfield Albert M SchoolGrades: K-8Distance: 0.4 mi
- 2/10Franklin Benjamin High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19103
- Rittenhouse
- 1817 Ranstead Str







