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Hill St & Delaware Street, 
Jessup, PA 18434

$2,500,000


Bed


Bath


-

Sq Ft


0.00

Acres (Lot)


Land

Active

Listed by

Shaina Belles

ERA One Source Realty

570-587-9999

Last updated:

April 7, 2025, 12:55 PM

MLS#

SC250085

Source:

PA GSBR

About This Land

Hill St & Delaware Street

This remarkable 12-acre parcel of vacant commercial land is fully approved and ready to break ground for a 146-unit Senior Housing Apartment project. Strategically located in Jessup, PA, this project has been meticulously planned to meet the growing demand for senior living.The development includes two thoughtfully designed three-story buildings. Building One features 71 units, consisting of 56 one-bedroom and 15 two-bedroom apartments. Building Two offers 75 units, with 30 one-bedroom and 45 two-bedroom apartments. The project is shovel-ready, with approvals in place, including a completed land development plan, NPDES permit, and building drawings ready for code review.Adding to its appeal, this property offers significant financial incentives, including a 10-year LERTA providing substantial tax savings and PA Opportunity Zone eligibility for long-term investment benefits.This is an unparalleled opportunity for a developer to bring a fully approved, ready-to-go senior housing community to life in a prime location. Act now to turn this vision into reality and create a lasting impact in a growing market.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.00

MLS #:

SC250085

Last Updated:

April 7, 2025, 12:55 PM

Added:

3 month(s) ago


Finances & Disclosures

Finances

Price:

$2,500,000

Source:PA GSBR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.