Welcome to this rare mixed-use opportunity in a prime location, spanning from Front Street to Hope Street. The property features a spacious commercial space on the first floor with excellent visibility and high traffic count, perfect for an owner-occupant or investor. The existing business is negotiable, but buyers have the flexibility to bring their own concept (buyer/buyer's agent responsible for confirming permitted uses). With CMX-2 zoning, the space is well-suited for a wide range of neighborhood-serving businesses, retail, or professional services. Above the commercial space are four residential apartments: currently configured as two 1-bedroom units and two 2-bedroom units. With thoughtful updates, there is potential to reconfigure to maximize value, such as converting into two 1-bedroom units and two 3-bedroom units. This creates an excellent opportunity for both rental income and long-term appreciation. The location is a standout feature: this property is surrounded by thriving businesses, ensuring steady foot traffic and exposure. Because the property spans the block, it offers dual street frontage-an advantage not commonly found in the area. An ideal setup allows you to run a business on the first floor, live in one of the upper units, and collect rental income from the others. Zoning is CMX-2 (Neighborhood Commercial Mixed-Use), allowing for a variety of residential and commercial uses.
| MLS # | PAPH2631082 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1935 |
| Days On Site | 160 |
| Listing Provided By | BHHS Fox & Roach-Blue Bell | Benjamin Wong |
| SQ Feet | 5,112 |
|---|---|
| Story(s) | 3 |
| Units | 4 |
| Zoning | CMX2 |
| Acreage | 0.04 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Utilities | Natural Gas Available |
|---|
| Tax Annual Amount | 3356 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| Community Name | FAIRHILL |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in FAIRHILL) | |
Price: $450,000 low | high Med: $104,500 sqft: 5,112 low | high Med: 1,240 $ / sqft: $88 low | high Med: $85 On site: 160 low | high Med: 58 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| Community Name | FAIRHILL |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in FAIRHILL) | |
Price: $450,000 low | high Med: $104,500 sqft: 5,112 low | high Med: 1,240 $ / sqft: $88 low | high Med: $85 On site: 160 low | high Med: 58 | |