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Philadelphia PA Real Estate & Commercial for Sale

678 Properties Found


151–175 of 678 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2383702
Type:
Apartment Building
Subdivision:
Powelton Village
Lot size:
0.06 Acres
Year built:
1920
Courtesy: Walter M Wood Jr Inc, (215) 386-2800
View additional info

PRICE ADJUSTMENT. Sold as an 11 unit Package with PAPH2339144, This property has Five units, prime Real Estate with numerous upgrades. 1 Three Bedroom unit, 3 One Bedrooms 2 Studios. Fully Leased, residents pay separate electric, cooking gas, Owner pays hot water, heat, water/sewer. Historical certified district in the Powelton Village Section of University City Philadelphia. It is a short distance to Drexel University, The University of Pennsylvania, The U.C. Science Center, The University of Pennsylvania Medical Center.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2384086
Type:
Other
Lot size:
0.86 Acres
Year built:
1970
Courtesy: Wynn Real Estate LLC, (215) 938-1777
View additional info

For rent or for sale Large gated commercial land total land size is 37,411 sq ft . property zoned ICMX property address is 2201-03 orthodox and 2205-07 orthodox the property runs from Orthodox to Margaret street

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2383988
Type:
Apartment Building
Subdivision:
Roxborough
Year built:
2021
Courtesy: Keller Williams Liberty Place, 6093995454
View additional info

Strong cash flow coupled with substantial rental upside awaits @ 6526 Ridge Avenue in Roxborough â a five (5) unit, fully-leased hybrid development optimally situated atop NW PHL with a full 10 year tax abatement and 100% occupancy. Included in the offering are three (3) newly built 4bd x 3.5ba townhomes (along Delmar St) with garage + driveway parking (2-car parking each), balconies and rooftop terraces. Also included is a historic, vintage duplex repurposed with many of the same modern fittings and finishes seen in the townhomes, situated on a prime corner lot in the coveted Roxborough submarketâoffering the perfect blend of city and suburban lifestyles. The duplex facing Ridge Avenue includes two (2) bi-level apartmentsâ a 1bd x 1ba unit and a 2bd x 1.5ba unit. The Property is offered well below replacement costs and is set up as a condominium so the future owner can subdivide each property and profitably sell off assets individually if desired, as an alternative exit strategy. The area is known for extreme demand from both homeowners and renters alike, and is walkable to a bevy of amenities and natural areas like Gorgas Park, Wissahickon Valley Park and Fairmount Park. Easy access into downtown Philly and University City, as well as the regional suburban employment centers. Tons of amenities, shops, restaurants and cafes are within walking distance along Ridge Avenue, the neighborhood's prime commercial corridor. This prime Philadelphia real estate offering is available immediatelyâfeaturing two of the most resilient asset classesâsingle family rental + multifamily.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2378620
Type:
Apartment Building
Lot size:
0.09 Acres
Courtesy: KW Empower, vicki@kwempower.com
View additional info

Exceptional opportunity to acquire a portfolio of multifamily buildings in the West Kensington neighborhood. This rare sale offers a mix of properties with 3-8 units each, perfect for investors looking to expand their portfolio or enter the lucrative real estate market, sold as a package or individual. These properties offer a diverse unit mix catering to various tenant needs, ensuring steady and reliable rental income. With potential for both value-add opportunities and stable cash flow, this portfolio is ideal for investors seeking growth through rent increases and property appreciation.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2380388
Type:
General Commercial
Lot size:
0.17 Acres
Year built:
1920
Courtesy: Compass RE, (267) 435-8015
View additional info

Prime Investment Opportunity in IRMX Zoned Building Discover this expansive building, a combination of multiple structures, offering an incredible investment opportunity. Key features include: Design: Timber beam construction with stunning hardwood floors and three sides of windows. Accessibility: Equipped with two stairwells and an elevator. Functionality: Previously utilized as multiple commercial spaces, perfect for leasing to individual businesses. Amenities: Multiple bathrooms throughout, polished concrete floors on the first floor, and three garage bays with separate overhead doors. Potential: Easy conversion for roof deck space. Location: 40 feet of retail frontage on Germantown Ave, with a building depth of approximately 123 feet.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2383208
Type:
General Commercial
Lot size:
0.13 Acres
Year built:
1950
Courtesy: KW Commercial, (215) 664-1091
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2383220
Type:
General Commercial
Subdivision:
Philadelphia (South)
Lot size:
0.09 Acres
Year built:
1920
Courtesy: Century 21 Advantage Gold-South Philadelphia, (215) 465-1400
View additional info

Prime commercial property for sale, featuring an auto repair and transmission shop in business since 1981. Located on a large lot with street-to-street access and two large bay doors, this facility is fully equipped and generates consistent revenue from a loyal customer base. The second floor houses a gym that has been a tenant for over 30 years, providing stable rental income at $1,800 per month. The property includes four parcels, offering significant development potential for mixed-use, retail, or additional commercial space. This sale includes real estate, equipment, and goodwill.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2373478
Type:
Medical
Subdivision:
Roxborough
Lot size:
0.07 Acres
Year built:
2017
Courtesy: EXP Realty, LLC, 8883977352
View additional info

Located on a thriving corner in Roxborough this income-generating, Mixed-use, 6-Unit property features 1 Commercial Unit and 5 modern Residential Apartments. The Apartments have an open-concept layout, stylish Kitchens and Bathrooms with Stainless Steel Appliances, and in-unit Laundry. The long term Commercial Tenant is a well-established Dental Office. All Units are currently occupied. This property offers easy access to local amenities, including shops, restaurants, parks, and public transportation, not to mention Santucciâs Restaurant right at your fingertips! Roxborough residents and businesses are reinventing this community, redefining it for a new generation. Come and be a part of this vibrant community!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2382910
Type:
Business Opportunities
Subdivision:
Bustleton
Lot size:
0.04 Acres
Year built:
1950
Courtesy: Home Vista Realty, (215) 980-8881
View additional info

A well-established retail convenience store in a prime, high-traffic location. This turnkey operation features a bulletproof window for enhanced security, a favorable monthly rent of $1,300, and a lease remaining for 2 years. With a loyal customer base, fully equipped facilities, and significant growth potential through additional services and marketing, this is a great opportunity for a new owner.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2382484
Type:
General Commercial
Lot size:
0.31 Acres
Year built:
1990
Courtesy: 20/20 Real Estate - Bensalem, (215) 357-2020
View additional info

Amazing opportunity to own a commercially zoned spacious building for your next business venture! Previously an automatic car wash until January 2022, this versatile space offers immense potential. Located on high-traffic Aramingo Ave, itâs perfect for a car wash, mechanic shop, fast food, or other business purposes. Don't miss out on this prime location!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2382938
Type:
General Commercial
Subdivision:
Overbrook Farms
Lot size:
0.09 Acres
Year built:
1960
Courtesy: Realty Mark Associates, (215) 376-4444
View additional info

EXCELLENT OPURTUNITY. This property is located a few blocks from City Ave and the Main Line. MINUTES FROM UNIVERSITY CITY ,CENTER CITY. It can be a place of worship, event space, multi units.. come see it , dream it, then execute !! *****THIS PROPERTY IS BEING SOLD AS IS WHERE IS. SELLER WILL DO NO REPAIRS. BUYER IS RESPONSIBLE FOR ALL CITY CERTS*** THIS PROPERTY NEEDS A FULL RENVOATION

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2382784
Type:
Apartment Building
Subdivision:
Spruce Hill
Lot size:
0.05 Acres
Year built:
2024
Courtesy: Hightop Real Estate LLC, (215) 246-0606
View additional info

Welcome to 230 S 46th Street - An amazing investment opportunity in Spruce Hill. Step into luxury living with this newly developed FIVE unit building consisting of 1- 2bd/1ba, 1 - 3bd/2ba, 2 - studios, 1 - 2bd/2ba, and 1 OFF STREET PARKING SPOT. This building has been gutted to the studs with BRAND NEW plumbing electric, sprinkler system, and HVAC. Crafted with precision, designed for comfort, each unit offers a blend of modern elegance and timeless charm. Private rear shared outdoor space perfect for entertaining or relaxing. 7.38 Cap Rate!!! Units Features - Spacious floor plans bathed in natural light, Gourmet kitchens equipped with state-of-the-art Samsung appliances and sleek countertops, and luxurious bathrooms boasting spa-like amenities with exquisite finishes Current rent roll 2bd/2ba $1993 3bd/2ba $2500 Studio $1310 Studio $1310 2bd/1ba Projected $1800 $108,156 Annual Rent 7.38 CAP!! $97,382 NOI Low operating expenses - Approved Tax abatement with brand new mechanical systems.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2382762
Type:
Apartment Building
Lot size:
0.07 Acres
Year built:
2019
Courtesy: Keller Williams Liberty Place, 6093995454
View additional info

Welcome to 4215 Manayunk Avenue, a boutique multifamily investment property consisting of five (5) apartments and one (1) commercial space located on the instantly recognizable Manayunk Avenue in Roxborough â a neighborhood surging with positive rental growth and demand in Northwest Philadelphia, just outside of the city center. Assumable FREDDIE MAC financing is available â 4.97% interest rate through May 1st 2026. $969,709 balance. A careful mixture of historically renovated and new construction, 4215 Manayunk blends authentic original character and contemporary charm. Additionally, another set of apartment buildings can be packaged for sale nearby (enquire within for details) totaling sixty-four (64) units in three (3) more buildings from the same developer â providing exceptional critical mass optionality for operations, management and leasing. The Property features a mixture of spacious 2bd and 3bd apartments. A full 10 year tax abatement through 2028 provides additional investment security. Quartz countertops, stainless steel appliances, contemporary cabinetry and flooring throughout. Ample outdoor space (common and private) is provided via balconies, patios and panoramic rooftop terraces. The Roxborough neighborhood is currently benefiting from a surging wave of demand as renters seek more spacious, value-oriented accommodations just outside of Phillyâs urban core â without sacrificing convenience, connectivity or style standards typically seen in Class-A apartment properties Downtown.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2382514
Type:
Apartment Building
Subdivision:
Roxborough
Lot size:
0.06 Acres
Year built:
2022
Courtesy: Keller Williams Liberty Place, 6093995454
View additional info

Welcome to Ridge and Gorgas, a boutique collection of twenty (20) apartments located on the thriving commercial corridor of Ridge Avenue in Roxborough â a neighborhood surging with positive rental growth and demand in Northwest Philadelphia, just outside of the city center. A careful mixture of historically renovated (6605-7 Ridge) and new construction (6601 Ridge + 509-11 Gorgas) properties are included in this stabilized investment 5-building offering. All of the subject properties are clustered at the NE intersection of Ridge and Gorgas, providing exceptional critical mass for operations, management and leasing. Additionally, another set of buildings can be packaged for sale nearby (enquire within for details) totaling fifty (50) units in three (3) more buildings from the same developer. Ridge and Gorgas features a diverse blend of 1bd, 2bd and 3bd apartments. A full 10 year tax abatement through 2031 provides additional investment security. Quartz countertops, stainless steel appliances, contemporary cabinetry and flooring throughout. Private patios for select units and washer/dryer in every unit. The Roxborough neighborhood is currently benefiting from a surging wave of demand as renters seek more spacious, value-oriented accommodations just outside of Phillyâs urban core â without sacrificing convenience, connectivity or style standards typically seen in Class-A apartment properties Downtown. 5 contiguous buildings included in the 20-unit breakdown. Buyer responsible to verify SF, taxes in DD.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2382350
Type:
Apartment Building
Subdivision:
Roxborough
Lot size:
0.25 Acres
Year built:
2024
Courtesy: Keller Williams Liberty Place, 6093995454
View additional info

INTRODUCING: THE ASTER. Currently welcoming its first residents with modern pet- friendly apartments in Roxborough, The Aster is nestled on Mitchell Street, just below Roxboroughâs main commercial corridor. This luxury 39-unit building is loaded with amenities and surrounded by lush trees, creating a serene and welcoming atmosphereâ yet itâs walkable to the breweries, shops and restaurants on the vibrant Ridge Avenue strip. This brand new construction multifamily investment property offers a variety of studio, 1, 2, and 3-bedroom floorplans with ButterflyMX access, super high ceilings, contemporary hardwood flooring, modern kitchens, stainless steel appliances, LED lighting, and many more modern conveniences. Washer/dryer in each unit, and balconies in select units for quiet, private outdoor enjoyment. Residents can practice everyday health and wellness in the state of the art fitness center, unwind in the spacious resident lounge by the fireplace, and soak in the fantastic views of Northwest Philadelphia from the panoramic green rooftop deck with fire pits and greenery. Dedicated Amazon lockers provide secure package deliveries. Private patios in select ground floor units. The prime Roxborough location provides access to parks (Gorgas Park, Wissahickon Valley Park, Fairmount Park) and public transportation (Septa). Manayunkâs downtown district is right next door and Center City Philly is just 15 minutes away. Whether commuting or just enjoying the neighborhood, convenient access to highways, schools, and local attractions make The Aster an ideal place to call home for renters seeking the 2024 lifestyle. Parking is available in the adjacent lot for an additional cost. Units are now leasing (fast) as the asset approaches stabilization in Year One. 10 year tax abatement. The Roxborough neighborhood is currently benefiting from a surging wave of demand as renters seek more spacious, value-oriented accommodations just outside of Phillyâs urban core â without sacrificing convenience, connectivity or style standards typically seen in Class-A apartment properties Downtown.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2382132
Type:
Business Opportunities
Lot size:
0.02 Acres
Year built:
1930
Courtesy: Century 21 Veterans-Newtown, (267) 352-8000
View additional info

Situated in a prime Center City location, this busy turn-key ârestaurantâ is ready for itâs new owner. No need for extensive setup, simply transition right into this income producing opportunity. There is a fully equipped and operational kitchen, bar stool seating area, basement for storage and stock and third party delivery in place. Tenant pays utilities and monthly rent includes NNN. The store is currently open 6 days a week from 10-8 with an average gross daily income of $1,000. Expand operational hours, expand your income flow. The owner is available for training to ensure a smooth transition. Come check it out! You canât beat this location which is directly across from the Family Court building and nearby The Academy Of Fine Arts, Convention Center, Love Park and Suburban Station. There is substantial foot traffic and 20K+ cars per day, ensuring a steady flow of customers throughout the day. Bring your offer! ****The Tacos Texas food truck can be purchased for an additional cost to be negotiated between seller and buyer.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2379572
Type:
General Commercial
Lot size:
0.03 Acres
Year built:
1925
Courtesy: Genesis Real Estate Services, (215) 226-6200
View additional info

Well-established 1st-floor storefront Convenience Store with a newly renovated 2-bedroom apartment above. The market rent is $1700 per month. Nearby development projects enhance the area's appeal and promise future appreciation for savvy investors. It is also very close to many educational and medical facilities, including but not limited to Penn Medicine University City, Children's Hospital of Philadelphia, and the University of Pennsylvania. With its strategic location, Don't miss your chance to own a piece of this dynamic and evolving neighborhood while securing a solid return on investment 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 the center city and Temple University.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2381600
Type:
Apartment Building
Lot size:
0.06 Acres
Year built:
2024
Courtesy: Coldwell Banker Realty, (215) 923-7600
View additional info

Introducing 3919 Ridge: a boutique six-unit multi-family building for sale on the fast-growing Ridge Avenue in the Paradise neighborhood of Philadelphia, just on the edge of East Falls. This turn-key building offers a low-maintenance investment opportunity with 4,572 sq ft of brand-new construction (1 junior one-bedroom and 1 two-bedroom on each of 3 floors), a one year builder's warranty, and the full 10 year graduated Tax abatement. The apartments feature a modern kitchen with quartz counters, contemporary cabinetry, and stainless steel appliances. This thoughtfully designed building includes oversized windows, available Juliet balconies, wood-look LVP floors, recessed LED lighting throughout, high-efficiency HVAC and hot water, and washer and dryer in all units. The layouts are extremely efficient and filled with natural light. Walkable to East Falls borough with plenty of shops, amenities, bars, restaurants, and cafes. Easy access into Center City Philly and University City and equally convenient to the PA suburbs. Conveniently located in the Paradise Neighborhood, a small section of Allegheny West adjacent to East Falls. Bordering the Schuylkill River and Fairmount Park with more than 2,000 acres of rolling hills, gentle trails, relaxing waterfront, and shaded woodlands, keeping a wealth of natural landscapes in close reach. Easy access to neighboring East Falls and nearby Manayunk as well as a quick commute to Center City. All that plus Kelly and MLK Drives are every bicyclistâs, joggerâs, and dog walkerâs dream. Highway access couldnât be better with neighborhood on-ramps offering close proximity to both Route 1 and I-76 with access to the Pennsylvania Turnpike and I-95

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2381994
Type:
Other
Year built:
1925
Courtesy: Suburban City Realty, LLC, 2159950191
View additional info

Scattered site apartment building portfolio includes three - 5 unit apartment buildings for a total of 15 units. Currently they are all market rate apartments giving an investor the opportunity to add value by transitioning the units into the PHA program. 933 Dauphin St. (19133), 315 E. Price St. (19144), & 1612 N 54th St. (19131)

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2381310
Type:
General Commercial
Lot size:
0.14 Acres
Year built:
1924
Courtesy: Tesla Realty Group, LLC, (844) 837-5274
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2381270
Type:
General Commercial
Subdivision:
Hunting Park
Lot size:
0.12 Acres
Year built:
1930
Courtesy: Quality Real Estate-Broad St, (215) 457-2600
View additional info

Well established body shop, State inspection station AND auto repair business and building for sale. There are two (2) large 12' over head doors on either side of a 300 square foot office and two (2) bathrooms. Sale includes two (2) auto lifts, a frame straightening machine, paint booth and paint mixing room. Air compressor and welding machine also included.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2381216
Type:
Apartment Building
Subdivision:
Port Richmond
Lot size:
0.09 Acres
Year built:
1956
Courtesy: Re/Max One Realty, (215) 961-6003
View additional info

One of kind opportunity to own your really special slice of Port Richmond. This unique family owned property consists of a very large 1800+ square foot 3 bed 2.5 bath single family home with an amazing home office addition with separate entrance. The home is attached to 2 great rental units. A (2) bed /(1 )bath and a (1)bed /(1) bath, built as duplex, with all separate utilities. This is adjoining to an open 16 x 60 lot currently used as an amazing yard but has potential to be built on or kept for the open outdoor private space. Everything is being sold together. The house and 1st floor duplex unit have central air. A brand new roofing system was installed on both main roofs (April 2024) and the office roof was properly serviced and coated. The house features high ceilings, large living room, dining room, enormous eat in family style kitchen, family room , first floor laundry and inside access to the home office, gym or whatever you desire room. The lower level is finished with a powder room, a large wet bar with some refrigeration equipment underneath and lots of storage closets. The lower level was broken through to the duplex leaving a double wide double large finished basement. The other side has a work/mechanical room, a large open area, another small wet bar and pool table. This lower level served the family well over the years as they entertained with plenty of room to spread out. The 2nd floor also features high ceilings, a large primary bedroom with ceramic tile bathroom with stall shower. There are 2 other good sized bedrooms and a 2nd 3 piece ceramic tile hall bath. The adjoining duplex is great opportunity to achieve great rental income like this family did. The duplex has an updated 1st floor 1 bed 1 bath unit and a 2nd floor is a 2 bed room 1 bath unit. The lot next door was previously a building, torn down, and is being used a extra outdoor private space for right now. We believe the lot could be buildable as well. For any question please reach out. This is a tremendous opportunity. Don't miss out!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2380596
Type:
Apartment Building
Subdivision:
West Philadelphia
Lot size:
0.06 Acres
Year built:
1915
Courtesy: RE/MAX One Realty - TCDT, (215) 467-2892
View additional info

This is a fully renovated, fully occupied 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The Rent Roll and P&L are included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2369430
Type:
General Commercial
Lot size:
0.04 Acres
Courtesy: National Realty Old City LLC - PA, 2156253989
View additional info

The Legendary "Shirt Corner" building is for sale! Development rights allow two additional floors to be added to the current structure. Located at 02 Market Street, this 2840 SF property is a gem in the heart of Old City, Philadelphia. The vibrant neighborhood is steeped in rich history, dotted with trendy restaurants, and alive with a bustling nightlife. The property, strategically situated on a corner lot with high foot traffic, is a prime spot for a retail business or restaurant. The existing 2-story structure is not just a building but a canvas for your vision, engineered to support the addition of two more floors. Perfect for a franchisee, your next retail business, or an eatery. The rear yard offers access to 3rd Street. Plus, this property boasts a modern, full-height, finished basement.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH2380658
Type:
Apartment Building
Lot size:
0.24 Acres
Year built:
1900
Courtesy: TCS Management, LLC, (215) 383-1439
View additional info

Redevelopment Opportunity: Complete Renovations on a Boutique Corner Mixed-Use Property High Occupancy Submarket: Historically 90% Occupancy or Better Accessibility: Convenient to Route 1 (Roosevelt Boulevard), Route 611 (N. Broad Street) and Interstate 95 Transit Friendly: Walk/Bike to Fern Rock and Olney Transportation Centers for Bus, Subway and Regional Rail Routes Strong Medical Employment Hub: Einstein Medical Center, Temple University Hospital, St. Christopherâs Hospital for Children, Shrinerâs Hospital for Children and Germantown Medical Center within 10 Minutes Abundant Neighborhood Amenities: Proximity to Fisher Park and Tacony Creek Park; Access to Local and National Businesses Lining North 5th Street Business Corridor; 5-Minute Drive or 8-Minute Walk to One & Olney Shopping Center Anchored by ShopRite This mixed-use building consists of (8) one-bedroom apartment units and 4,000 square feet of commercial space. The property is on the southeast corner of North 2nd Street and Olney Avenue with frontage on three streets - North 2nd Street, Olney Avenue, and N. Palethorp Street. The apartment units are fully framed and feature generously sized living rooms and bedrooms. The commercial space (4,000 gross square foot) could be leased by one tenant or divisible into (4) 1,000± square foot spaces. The commercial space also has a basement level (4,000± square feet) that can be utilized as additional storage space for the tenants. The property is completely vacant. The apartment units have new electrical, plumbing, windows, and doors, with minimal work remaining. A new owner can finish those units with new flooring, cabinets, and appliances, whereas the commercial space would need a full renovation. Located in the heart of Olney in Philadelphia, the property is less than a mile (25-minute walk/7-minute bike ride) from SEPTAâs Fern Rock Transportation Center and the Olney Transportation Center for regional rail and numerous bus and subway routes. The Olney Regional Rail Station on the Fox Chase Line is a 7-minute walk from the property. Further, the property is conveniently located near Route 1 (Roosevelt Boulevard), Route 611 (North Broad Street), and Interstate 95. The Propertyâs location provides tenants access to the areaâs top employers including Einstein Medical Center (Jefferson Health), Temple University Hospital, Shrinerâs Hospital for Children, St. Christopherâs Hospital for Children, and Germantown Medical Center. The various transportation options provide easy access to employment hubs in Center City Philadelphia and the surrounding suburbs. 5535-5541 North 2nd Street in Philadelphia presents an outstanding redevelopment opportunity to acquire a property with strong bones in an up-and-coming location. By completing the renovations, the property will be able to compete with other apartment buildings nearby and attract a strong tenant base at a reasonable price point.

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