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840 E Atlantic St presents a rare opportunity for both investors and owner-users to acquire a highly flexible CMX-2 asset in the heart of Harrowgate. The property consists of approximately 4,700 SF and is currently configured as a fully equipped boxing gym, offering immediate usability for a fitness operator or a turnkey space for a variety of commercial uses including retail, office, medical, or creative flex. For owner-users, this is a chance to control your space, eliminate rent, and operate within a well-positioned corridor with strong neighborhood demand. For investors and developers, the CMX-2 zoning provides long-term upside with the ability to reposition, lease, or redevelop in a rapidly evolving section of Philadelphia. The building's size, layout, and zoning create multiple exit strategies, whether through stabilization as an income-producing asset or conversion to a higher and better use. Surrounded by ongoing development and accessible to major corridors, this is a versatile asset with both immediate utility and future upside.
| DAYS ON MARKET | 5 | LAST UPDATED | 3/26/2026 |
|---|---|---|---|
| TRACT | HARROWGATE | YEAR BUILT | 1950 |
| COMMUNITY | 19134 (19134) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| PRICE HISTORY | |
| Prior to Nov 9, '25 | $799,000 |
|---|---|
| Nov 9, '25 - Mar 26, '26 | $699,000 |
| Mar 26, '26 - Today | $625,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19134 (19134) |
| HEAT | Forced Air, Natural Gas |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 61.00 x 38.00 |
| PARKING | Other |
| SEWER | Public Sewer |
| SUBDIVISION | HARROWGATE |
| TAXES | 2911 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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