Property
Beds
1
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,728
Exceptional mixed-use investment opportunity in the heart of North Philadelphia's rapidly developing Allegheny West neighborhood. Offering over 1,700 square feet of commercial space plus two 1-bedroom, 1-bathroom residential units above, this property presents multiple avenues for income generation and long-term value appreciation. The expansive commercial storefront was previously operated as both a Caribbean restaurant and a water ice business simultaneously, demonstrating the flexibility of the layout and its potential to accommodate multiple business concepts. The commercial space may offer the possibility to be divided for separate uses, creating additional opportunities for future operators or investors. Above the commercial space are two separate 1-bedroom, 1-bathroom apartments, providing additional rental income potential. Whether you're an investor seeking a mixed-use asset, an entrepreneur looking to operate your own business while generating residential rental income, or a buyer searching for a value-add opportunity, this property offers tremendous upside. The property does require renovations and improvements, making it an ideal project for investors and developers looking to maximize returns through strategic updates and repositioning. Conveniently located near major transportation routes, public transit, shopping, schools, and neighborhood amenities, the property is situated in an area experiencing ongoing investment and redevelopment activity. Its prominent location and mixed-use zoning potential make it an attractive addition to any real estate portfolio. Property is being sold in as-is condition. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and any future development opportunities.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
N/A
-
Above Grade Finished Area
1728.0
-
Cooling YN
YES
-
Cooling
None, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stone
-
Parking
On Street, Off Site
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Lot Size(square feet)
871.2
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Bi-level
Price
-
Sales Price
$550,000
-
Tax Amount
$1,639
-
Sq. Footage
1, 728
-
Price/SqFt
$318
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
64
-
Water Source
None
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Katjya Pollard , KW Empower
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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