Welcome to 1622 Locust Street, a spectacular and prestigious double wide estate with an expansive rear courtyard situated one block form Rittenhouse Square on a charming, tree-lined block. Constructed in 1852 as the Isaac Lea House, an elegant and stately private residence, the property has been used for commercial purposes for the last century, and for the last five decades has been owned and occupied by the same family as legal offices. With the flexibility to be occupied commercially or through a residential conversion -- including the potential for by-right development of the courtyard -- the opportunity for investors, developers and commercial users alike to acquire this type of property truly only presents itself once in a lifetime! The building was designed by noted architect John Notman, who also designed the Athenaeum on Washington Square, as well as Saint Mark's Church directly across Locust Street. It is one of the first examples in the United States of the Italianate villa style, a distinction which earned the property a Historic designation in Philadelphia in 1967. The building boasts unparalleled original period detail beginning with the ground floor: an ornate vestibule, rooms with gracious proportions; high ceilings, full height windows and doors; crown molding, chair rail, wainscoting; arched and corbelled openings; marble fireplace mantels and inlay parquet floors. A grand central staircase with ornate, carved wood balustrades connects the building’s four stories, capped with a stained glass oval skylight. In the rear of the property, accessible from a covered porch sits a large and pristine courtyard, lined with wrought iron railings and brick walls, paved with bluestone. Mature trees, manicured garden and a fountain create the feeling of a secluded urban oasis. The patio backs onto Latimer Street, providing additional light and air. Each floor of 1622 Locust overlooks beautiful and serene views to the north and south. A covered driveway for two cars is accessible from both the building and Latimer Street.
Cash Flowing, 2 Buildings made into one! The first floor is an appliance store which is very large with an office, storage areas and a bathroom. The second floor also is very large which was used as a showroom and is now used for storage but can be turned into an apartment or sectioned off to make 2 apartments. There is a full bathroom upstairs with a tub and shower, a bonus room and an entrance going out to a roof top. There's gas heat, central air, plenty of closets and storage rooms. This property is great for an investor or someone that wants their own business. The building is great for many types of businesses to make your own money, or it can be turned back to 2 separate buildings for someone that wants to run their business out of one building and rent the other out. Call today and make an appointment before it's too late.
Wonderful opportunity to purchase a mixed-use property in Queen Village...right off of South Street! Prime location. This is a 3 unit building with a commercial store on the 1st floor and two 1-bedroom apartments above...one on the 2nd floor and one on the 3rd floor. The 1st fl is currently vacant and is a prime location for a commercial business. Here's amble potential to either rent the store, or move your existing business here or even start a new business venture! Nice-sized open space with powder room, access to the yard and also the basement which has all the mechanical systems and is unfinished. The basement is accessible from the staircase inside or the exterior bilcox doors. This floor also has central air and heating. The 2nd floor is a nice-sized 1 bedroom apartment with radiator gas heating, laminate floors, good natural light and window space, and so much more. The second floor is currently vacant. The 3rd floor is a nice-sized 1 bedroom apartment with radiator gas heating, laminate floors, good natural light and window space, and so much more. The third floor is occupied and leased for $1300/mo and is on a mo-to-mo lease. Both apartments do not have any air conditioning. Property is currently managed by our firm as well so we have records on payment history, leases, etc. All separate utilities except water. Tenants are responsible to pay their own utilities. Landlord pays the water. We can deliver the vacant units vacant or lease them out beforehand depending on the buyer's preferences. Make your appointment today!
Calling all commercial investors and developers for an excellent development opportunity in Kingsessing. This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking. The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit. All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor. Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University. It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.
Investor Alert – Mixed-Use Property with Huge Potential! This 3,753 sq. ft., three-story mixed-use building is a prime investment opportunity priced to sell quickly. Currently zoned as a four-unit property with one commercial space on the first floor and three residential apartments on the second and third floors, this property offers endless possibilities for redevelopment. The building requires a full gut renovation, making it perfect for investors or contractors ready to bring their vision to life. The upper-floor apartments are spacious, allowing for flexible layouts, and the first-floor commercial space could accommodate one or two businesses. Previously operating businesses on the first floor closed due to COVID in 2020, and the owner is now retiring. Don’t miss your chance to transform this property into a profitable investment or multi-use space in a convenient location.
Great Mixed-Use Building for Sale in Prime Fishtown Location – East Girard Ave Business Corridor Located in the heart of one of Philadelphia’s most desirable neighborhoods, this exceptional mixed-use property sits on a prime block of East Girard Ave, just one block from the I-95 ramp, offering unparalleled visibility and easy access for both residents and businesses. Perfectly positioned in the thriving Fishtown area, this building offers a unique opportunity for both investors and business owners looking for a high-traffic location. The property is a short distance to some of the area’s trendiest restaurants, shops, and entertainment venues, making it a sought-after location for various types of businesses. Key Features: Prime Location: Situated on a major business corridor with excellent foot traffic and visibility, plus convenient access to I-95, making commuting a breeze. Mixed-Use Potential: The building is ideal for a variety of uses, with commercial space on the ground floor and residential units above. Whether you’re looking to operate a storefront, office, or other business while enjoying rental income from the residential portion, this property offers great flexibility. Renovated Interiors: The building features modern updates throughout, with clean, well-maintained commercial spaces ready for your business to move in, and residential units offering a cozy living environment. High-Exposure: The location ensures your business will be highly visible to both local residents and passersby, with ample parking and easy access to public transportation. Investment Opportunity: With the continued growth of Fishtown, this property represents a great opportunity for long-term value appreciation, whether you’re looking to run your own business or lease out the commercial and residential spaces for steady income. Take advantage of this unique chance to own a mixed-use property in the heart of Fishtown. Whether
Multi Use Commercial Building. Formerly used as a Beauty Salon . 1st fl consists of 1 very large room with 2 entrances and 2 windows. There is another smaller room that was used as an office, this room has a partial glass wall looking into the Salon. 1st floor also has a 1/2 bath and access to the finished basement. Basement is finished with CT floor and drop ceilings, there is also access to the outside from basement. All mechanicals are located in the basement and are separate for all utilities and all floors. Projected rent will up to $1500 /M. Second floor is a 2 Bedroom apartment, the tenant has recently moved out, they are paying $1100/month. Second floor has a Kitchen, Lv/Dn Rm, Large Hall area that can be used as a sitting area, 2 bedrooms and a full bath. The property will be sold "AS-IS"
A prime investment opportunity near Temple University, this property is sold within multi-property package. 1611-15 W Susquehanna has a commercial space that's currently rented and 6 residential units and a basement. Please contact the listing agent for current rent roll data. The portfolio includes 1609 W Susquehanna, 1611-15 W Susquehanna, 1631 W Susquehanna, 1633 W Susquehanna, 1635 W Susquehanna, and 1637 W Susquehanna, all strategically positioned to attract students, faculty, and professionals. The additional properties in this six-property package provide exceptional flexibility, whether for rental income, redevelopment, or resale. While the entire portfolio is available for $2 million, each property can be sold individually, allowing investors to purchase according to their specific needs. With high rental demand, close proximity to Temple University, and easy access to public transportation, this versatile investment opportunity is perfect for those looking to capitalize on Philadelphia’s rental market.
Investor Alert! Great Opportunity! Two parcels being sold as one! 3006 N 22nd St (Tax ID: 871516330) and 3008 N 22nd St (Tax ID: 871516340). The seller has combined both properties, currently utilizing the first floor as a hardware store, with the remaining space vacant and ready for a full rehab. With over 3,000 square feet between both parcels, this property is primed for transformation and offers incredible potential! Zoning: Commercial Mixed – Many possibilities for how this space can be used, making it an ideal investment for the right buyer. Don’t miss out on this rare opportunity! Come see it today!
Prime Investment Opportunity – Former Chinese Restaurant with Upstairs Apartment Looking for a fixer-upper with great potential? This commercial-residential property is ready for a new owner with vision! Located in a high-traffic area, this former Chinese restaurant on the ground floor offers a spacious takeout option. The second floor features a two-bedroom apartment (in need of renovations), providing a great opportunity for additional rental income or an owner-occupied space. While the property requires work, it offers fantastic location to make it your own. Key features: ? Restaurant space with kitchen setup (needs updates) ? Upstairs apartment for rental or personal use ? High-traffic location with great visibility ? Ample potential for investors, flippers, or business owners
Investor Alert in University city!! New developments are around the neighborhood. This building has three floors. Chinese take-out restaurant is on the 1st floor. The tenant will move out after the sale. The 2nd floor and 3rd floor are apartments. Sell as is. The property need some fix up. The owner is not going to repair anything.
Investor alert! Welcome to 4231 Haverford Avenue, a prime development opportunity in the rapidly growing West Philadelphia / West Powelton market. Currently a single-family home, this property is zoned RM1, allowing for the development of a five-unit multifamily investment property. Whether you're a seasoned developer or an investor looking for your next project, this is your chance to capitalize on the area's strong rental demand and new construction boom. Conveniently located near major universities, public transit, and thriving commercial corridors, this lot is positioned for long-term value and appreciation. Don't miss out on this rare chance to maximize your investment potential—schedule your showing today!
Location, Location, Location ! An awesome income producing property for investor or owner occupied located in the Graduate Hospital area. An excellent opportunity to create value to this existing three unit apartments with retail space. The building has a good solid foundation and good mechanics , and is zoned CMX2. Retail space is presently operating as a cleaners and apts are occupied by two tenants paying below market rate with month to month leases... Walking distance to local bus routes., Center City and Graduate Hospital. Don't miss out on this opportunity.
Prime Investment Opportunity in Rittenhouse Square! Attention investors! Don’t miss this rare chance to own a high-income producing mixed-use building in the heart of Rittenhouse Square—one of Philadelphia’s most sought-after neighborhoods. This prime property features a thriving restaurant on the ground floor, ensuring steady commercial rental income, while the upper level boasts a spacious 3-bedroom apartment perfect for tenants seeking city living at its finest. With its unbeatable location, strong rental potential, and built-in revenue streams, this property is an ideal addition to any investor’s portfolio. Whether you’re looking for long-term appreciation or consistent cash flow.
?OPEN HOUSE? -SUNDAY APRIL 13TH 12-2PM. 2728-2730 N. 5th Street Must be purchased together. Welcome to this Fully Renovated Commercial Property located in the upcoming Kensington Neighborhood. Beautiful store front. Great office/business oppurtunity. Property also offers two BRAND NEW 2bedroom apartments on top level. Beautiful open concepts. Nice hardwood flooring. Brand new appliances included (Refrigerator,Stove, Microwave) Central heating and air conditioning units throughout the whole building. Small yard space and basements for storage. Listing agent will only do showings. Appointment Required Contact for more photos or videos. MOTIVATED BUYERS ONLY. Have Proof Of Funds. -Buyer will be responsible for doing their own due diligence regarding zoning. Seller will provide U&O.
Seize the chance to own a high-performing, income-generating property in a prime location! This well-maintained commercial building is currently leased to a well-established home healthcare agency at $12,240 per month on a Triple Net (NNN) lease through September 2031, with a 3% annual rent increase and an option to renew. The NNN lease requires the tenant to cover all costs, including charges, taxes, insurance premiums, U&O tax, and utilities—providing you with a truly passive income stream. Step inside to find a spacious and welcoming waiting room that leads to seven office spaces, two large conference rooms, a dedicated therapy room, a kitchen, and five half bathrooms. The property also offers multiple versatile areas in the back, perfect for hosting events, speakers, or educational programs. Additionally, there’s a large, clean basement space, enhancing the property's functionality. Positioned on Ogontz Avenue, ensuring high visibility and accessibility. With a stable tenant in place and built-in rental growth, this is a solid investment opportunity that promises reliable income. Don’t miss out on this exceptional investment—schedule your showing today and unlock the potential of this remarkable property!
The sale of 446-48 S. 52nd St., is an excellent stabilized investment opportunity. This corner mixed-use property features (1) commercial space that is leased to a daycare, (2) 2 bed/ 1 bath units, and (2) 3 bed/ 1 bath units. The apartments have been fully renovated featuring new kitchens, bathrooms, flooring and systems. All units are self-contained. Great investment opportunity at a 9.5% cap rate
Attention Investors! This mixed-use property is located in the heart of Logan's Old York Rd business district. Featuring a commercial space on the ground level that houses a kitchenette, bathroom, and additional rooms. Both the second and 3rd floors feature 2-bed 1 bathroom units. The property requires repairs to be occupied, but presents a great opportunity for multiple streams of income. Currently it is being sold as is with the seller making no repairs or warranty of the condition.
INTRODUCING, "The Columbia," in Philadelphia, Pennsylvania. This brand new ±21,000 SF boutique apartment building is being offered as a turnkey investment property in a Top-10 USA MSA. The Columbia features eighteen (18) new construction apartments plus amenities: fitness center, elevator, private balconies, common roof terraces, wifi nook, bike room, smart lock technology, in-unit washer/dryer combos, deluxe fit + finish kits, and more. The Columbia offers modern and stylish architecture with high quality materials inside and out. Each unit has a spacious, well-lit open layout that creates a seamless flow between living, dining, and kitchen areas. With a variety of floorplans available and an average size of ±800 SF per apartment, The Columbia's units boast tremendous spatial quality inside each apartment home. Unit mixture: Six (6) 1bd x 1ba, eleven (11) 2bd x 2ba, and one (1) 3bd x 2ba apartments. Designed by KORE and built by GRIT (two of Philly's most reputable firms), The Columbia provides an attractive 7.15% cap rate and carries a full 10yr tax abatement. Minimal OPEX combined with above-average rent growth make The Columbia one of the most prime acquisition opportunities available in the Greater Philadelphia marketplace.
INVESTOR ALERT!!! This 4 unit (1 Retail & 3 apartments) prime commercial mixed use property, is a 3 story building on South Street, in the vibrant area of Fitler Square and is ready to be added to your real estate portfolio. The first floor consists of the retail store tnant, Postbox Philly Store, which was recently updated and covers approximately 950+/- sq. ft. The 2nd floor consists of a (2) 1 bedroom apartments. The 3rd floor is a large 3 bedroom with a large deck. All units have separate utilities. Fitler square is a charming neighborhood with quaint cafes, boutique shops and art galleries contributing to its lively yet peaceful ambiance that offers city living and a community charm. Rental income: Unit 1: (Retail store): $2,250 with a 2% increase each year and a 5 year option after 2029, Unit 2: (1 Bedroom) $825, Unit 3: (1 Bedroom) $600, Unit 4 : (3 Bedroom) $1,500
?? Excellent Investment Opportunity! ?? Looking for a property that offers reliable cash flow? Look no further than 7100-7102 Edmund St, a fantastic quadplex featuring two buildings with both residential and commercial space—a true gem for investors seeking steady returns! Key Features: 3 Spacious Residential Units: Offering consistent, passive income from well-maintained rental units. Fully Occupied Commercial Storefront: Recently renovated and fully leased, this commercial space provides an additional income stream, boosting your investment’s profitability. Prime Location: Conveniently located just a few blocks from major roadways, ensuring easy access for tenants and potential customers, making it an attractive spot for both residential and commercial use. TWO Buildings for the Price of ONE: Maximize your investment with two income-producing buildings, offering multiple streams of revenue in a desirable location. Impressive Cap Rate: With a few adjustments, the Cap Rate is approximately over 10%, ensuring a solid return on investment. This property represents an outstanding opportunity for investors looking to capitalize on a great location and steady cash flow. ?? Call today to schedule a personal tour and explore this property, or ask about any other listings you may be interested in!
This versatile commercial mixed-use property, located in the highly desirable Passyunk Square neighborhood, offers a fantastic opportunity for investors or entrepreneurs. The property features two 2-bedroom apartments and a spacious commercial/residential space with two bedrooms with significant potential for various uses. Whether you envision a restaurant, daycare center, office, or even converting the commercial area into an additional apartment to create a triplex, the possibilities are vast. The property includes three new hot water heaters, three electric meters, and three gas meters, ensuring efficient utility management. Additionally, there is easy access to the roof from the third floor, providing a great opportunity to create a rooftop deck with beautiful views of the city (pending permits). With its prime location in a vibrant and growing neighborhood, this property presents an excellent chance to generate income and create a unique living and business space. For more information or to schedule a showing, please contact the listing agent.
Discover a Rare Investment Opportunity in the Heart of Philadelphia ! Unveiling an exceptional corner property at 152 W Lehigh Ave, Philadelphia, PA 19133 - a versatile gem primed for visionary investors and developers. Property Highlights - Expansive Space: 18,720 square feet of usable area - Prime Corner Location: 93 feet of frontage on bustling Lehigh Ave - Flexible Zoning: RM-1 with special exceptions - Diverse Potential Uses: Ideal for educational facilities, daycare centers, multi-family residences, or institutional purposes Unmatched Versatility This property offers endless possibilities under its RM-1 zoning with special exceptions. Whether you're envisioning a thriving educational institution, a nurturing daycare center, or a modern multi-family complex, this space can accommodate your most ambitious projects. Strategic Location Advantage Situated on a vibrant corner with expansive frontage, this property commands attention and ensures high visibility. The impressive 93-foot frontage on Lehigh Ave provides ample opportunity for creative façade design and multiple access points, making it a standout in the neighborhood. Proven Community Asset Currently home to the renowned Lighthouse Early Childhood Education program, this property has a proven track record as a valuable community resource. Continue its legacy or reimagine the space to meet evolving neighborhood needs, tapping into an established market. Investment Potential Unleashed With its generous square footage and adaptable zoning, this property presents a unique opportunity for investors looking to make a significant impact in Philadelphia's real estate market. The flexible RM-1 zoning with special exceptions opens doors to various lucrative ventures, from educational institutions to multi-family developments. A Canvas for Your Vision Educational Excellence Transform this space into a state-of-the-art school or expand existing educational programs. The ample square footage allows for spacious classrooms, modern facilities, and dedicated areas for specialized learning. Nurturing Daycare Center Create a warm and welcoming environment for children with a cutting-edge daycare facility. The property's layout is ideal for designing safe, engaging spaces that cater to early childhood development. Multi-Family Marvel Capitalize on the growing demand for urban living by converting this property into a multi-family residential complex. The generous space allows for creative unit designs and shared amenities that will attract a diverse range of tenants. Institutional Innovation Establish a community center, healthcare facility, or non-profit headquarters. The property's size and location make it perfect for institutions seeking to make a lasting impact on the neighborhood. Location, Location, Location Nestled in a vibrant Philadelphia neighborhood, 152 W Lehigh Ave offers the perfect blend of accessibility and community spirit. Proximity to public transportation, local amenities, and the city's major arteries makes this an attractive destination for residents, students, and professionals alike. A Smart Investment In today's competitive real estate market, properties with this level of versatility and potential are rare. The combination of size, location, and zoning flexibility positions this property as a smart investment with multiple pathways to profitability. Seize the Opportunity Don't let this chance to own a piece of Philadelphia with unlimited potential slip away. This property is more than just a building – it's a canvas for your entrepreneurial vision and a gateway to community impact. Schedule Your Viewing Today Experience the possibilities firsthand. Our team is ready to guide you through this exceptional property and help you explore its vast potential. Contact us now to arrange a comprehensive tour and take the first step towards your next successful venture. The Numbers Speak for Themselves - Total Usable Area: 18,720 square feet
Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania has a population of 1,596,865. Philadelphia is less family-centric than the surrounding county with 21.3% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.
