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Philadelphia,PA 19123
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Spring Garden
MLS Listing ID PAPH2556958
Year Built 1920
Annual Tax Amount $4,913
Tax Year 2025
Lot Size 875 Sqft
Acres 0.02
Lot Dimensions 18.00 x 50.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Discover an incredible opportunity in the heart of Spring Garden with this mixed-use property—perfect for investors or owner-occupants looking to make their mark. The property features a commercial space, most recently used as a restaurant, on the main level and a large one-bedroom apartment above, which will soon be available for rent.
The commercial space offers a versatile footprint with existing electrical infrastructure and restaurant framework in place—ready for a full build-out or renovation to suit your needs.
Currently, the commercial space is occupied by a tenant on a month-to-month lease, paying $4,000 per month and covering approximately 80% of the property's expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end user's immediate use.
An optional liquor license is also available for purchase, offered separately at $150,000—providing an excellent value for anyone looking to operate a restaurant, bar, or café.
The seller is open to selling the property as-is or completing a custom build-out for the right buyer, subject to the extent of the project/terms.
Whether you're seeking an income-generating investment or an inviting opportunity to bring your business vision to life, this property offers flexibility, prime positioning, and long-term potential.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882919121
Ownership Fee Simple
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Financing Cash,Other
Special Listing Condition Standard