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Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia's most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business. The first-floor retail space, previously a successful restaurant tavern, comes with a commercial kitchen space and hood system, walk-in cooler, bar layout and seating for 40-60 patrons. The property comes with the potential to acquire a liquor license, which will be sold separately from the property itself. This license allows for full-service alcohol service, including outdoor seating, offering tremendous flexibility for a bar or restaurant business. The CMX1 zoning permits additional uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, there are two newly renovated 1-bedroom apartments on the 2nd and 3rd floors, each featuring modern updates including new flooring, stainless steel appliances, a washer and dryer in each unit and stylish new bathrooms. Located in a high-demand, thriving neighborhood, this mixed-use property is an excellent investment with great potential for both rental income and business ventures.
| DAYS ON MARKET | 2 | LAST UPDATED | 4/6/2025 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | 19128 (19128) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19128 (19128) |
| HEAT | Hot Water, Natural Gas |
| LOT | 1742 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 19.00 x 83.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 5039 |
| WATER | Public |
| ZONING | Ground Floor Commercial Use with Residential Apartments Use above; currently built out for a restaur |
MORTGAGE CALCULATOR
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