Philadelphia, PA 19123,549 N 12TH ST
Philadelphia, PA 19123,549 N 12TH ST
Philadelphia, PA 19123,549 N 12TH ST
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Listed by Eli Qarkaxhia • Compass Pennsylvania, LLC
$ 549,900
Est. payment | /mo

875 Sqft Lot


Save
$ 549,900
Est. payment | /mo
Save

875 Sqft Lot

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

Bright MLS (BMLS)
Manuel A Sanchez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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549 N 12TH ST