Investments Sales Management

840 E ATLANTIC STREET

PHILADELPHIA , PA 19134

MLS#: PAPH2550810

$625,000

Status: Active
Listing number: PAPH2550810
Listing provided by: KW Empower
Listing agent phone: None
Last update: 3 days ago
On site: 5 months ago
Browse Properties
HARROWGATE - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $625,000

  • Tax Amount

    $2,911

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    82

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Carlos Masip , KW Empower

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

840 E ATLANTIC STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Great opportunity for a buyer looking for a building with endless possibilities. Current use is for religious purposes and is perfect for owners that are looking for a new religious space or for owners that have a new vision in mind. This building offers both an open space and individual office spaces, kitchen and dinning room. Excellent location with access to major highways and public transportation.
#PAPH2540328

PHILADELPHIA

1318 S 52ND STREET 22

None Beds

None Baths

4,724 Sq.Ft.

$750,000

MLS#: PAPH2540328

Mixed Use Property in sought after Queen Village! Fabric Row! 2 Commercial Spaces & 2 Newer 1 Bedroom Apartments. Built from the ground up with Concrete Block. 1st Floor & Basement - Commercial Space with Large Open Floor Plan, Mable Floors, Full Bath & Private yard (would make a nice professional office). 2nd & 3rd Floor - 2 Large, 1 Bedroom Apartments with Hardwood Floors and New Kitchen. All are Self Contained.
#PAPH2580916

PHILADELPHIA

815 S 4TH STREET

None Beds

None Baths

2,430 Sq.Ft.

$650,000

MLS#: PAPH2580916

More professional photos coming. 5 Unit Building that has been updated throughout with one vacant unit that is currently being marketed. Unit A/studio with loft: $1200/month Unit B/1 bed: $1400/month Unit C/1 bed: currently vacant: $1350/month Unit D/studio: $900/month Unit E/2 bed: $1700/month Laundry: $40-50/month
#PAPH2555640

PHILADELPHIA

1305 N 15TH STREET

None Beds

None Baths

3,033 Sq.Ft.

$725,000

MLS#: PAPH2555640

Mixed-use property with 4 commercial units (including 2 storefronts) and 3 residential apartments, featuring two official addresses at 746 E Chelten Ave and 5652–56 Chew Ave. Dual frontage, strong visibility, and diversified income potential. Ideal for investors or owner-users. Buyer to verify zoning and use. Property currently collects approximately $5700 a month.
#PAPH2576234

PHILADELPHIA

746 E CHELTEN AVENUE

None Beds

None Baths

6,007 Sq.Ft.

$599,900

MLS#: PAPH2576234

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.
#PAPH2381270

PHILADELPHIA

172 W WINGOHOCKING STREET 74

None Beds

None Baths

4,800 Sq.Ft.

$550,000

MLS#: PAPH2381270

None
#PAPH2590754

PHILADELPHIA

3546 N 5TH STREET 8

None Beds

None Baths

7,360 Sq.Ft.

$675,000

MLS#: PAPH2590754

None
#PAPH2572060

PHILADELPHIA

2325 S 64TH STREET

None Beds

None Baths

4,000 Sq.Ft.

$680,000

MLS#: PAPH2572060

Corner property used as warehouse operation by scrap metal company. Suitable for supply, warehousing, creative retail uses, or development.
#PAPH2596982

PHILADELPHIA

3297 TILTON STREET

None Beds

None Baths

4,696 Sq.Ft.

$500,000

MLS#: PAPH2596982

New on site 4 days ago
THE CROWN OF CHESTER AVE: It is my distinguished honor to present to you 5237 Chester Ave. Philadelphia, PA 19143. • Located in the Heart of Kingsessing, Southwest Philadelphia, adjacent to a transformative intersection, anchored by a Commercial Mixed Use Corridor and surrounded by residential properties and commercial spaces, Southwest Philadelphia has undergone a radical transformation and evolution in the last few decades. We are directly on a trolley line transportation hub that takes you to University City and the major universities, including University of the Sciences of Philadelphia(USP), Drexel University, and the University of Pennsylvania, an Ivy League Institution, as well as to Center City substations. Across the street are 2 massive multi-unit development projects, as well as an institutional subdivision development. • See attached pro-forma which shows 11+ Capitalization rate, with potential $6000-$7000/monthly cash flow. Enter this 3 story 2,672 Square Ft Building with 6 units featuring 1 Bed|1 Bath apartments newly renovated ranging from $950-$1150/month, with a Capitalization Rate of 11.83%. All of the units are renovated with beautifully designed kitchen, equipped with granite countertops, modern appliances including a gas stove, microwave, refrigerator, and dishwasher. The kitchen features ceiling lighting, luxury vinyl flooring, and a garbage disposal. This apartment unit features floors and vinyl flooring, high ceilings, newly renovated throughout with new stainless steel appliances. The bathroom has been recently updated with a new vanity, mirror, shower, toilet, and new tile flooring. Each unit has electric baseboards, The property is filled with radiant natural light and illumination from beautiful windows. The property is close to bus stops and close to multi-modal public transportation, Walk to public transportation (Bus and Trolley), Kingsessing Recreation Center, shops, eateries, local market, and in proximity to businesses such as cafes, bars, eclectic and multicultural cuisine and food establishments. Come live in Kingsessing, where there are many things to do and people in a thriving community. We are filling up the building with tenants and can have the entire building occupied by the time of acquisition settlement. We have thoroughly screened and evaluated all potential applicants. To apply, we are running credit reports, criminal backgrounds, eviction history, and reviewing all income & financial documentation. If you are selected as a tenant, we will collect the first, last & security deposit(one month). There are no minimum score requirements. The entire financial and credit profile will be reviewed in its entirety to determine application viability. Pets are permissible on a case by case scenarios and there is no smoking allowed. In addition to this multi-unit, we are also listing a 3 unit, Commercial Mixed Use on 5129 Chester Ave. down the block. We look forward to doing business with you and we will ensure a smooth, efficient, and professional process for all parties. Thank you for the opportunity to showcase this home and we wish you the best of luck in your investment portfolio search.
#PAPH2599780

PHILADELPHIA

5237 CHESTER AVENUE

None Beds

None Baths

2,668 Sq.Ft.

$600,000

MLS#: PAPH2599780

Located just off Frankford Avenue with immediate access to I-95, 4220-4224 Holmesburg Ave present a versatile small-bay industrial opportunity in the highly desirable Holmesburg section of Northeast Philadelphia. The property offers approximately 4,452 square feet of drive-in warehouse space consisting of two 80’ x 21’ bays (1,680 SF each) and one 52’ x 21’ bay (1,092 SF), along with an additional 300 square foot office space suitable for administrative or support operations. One of the garage bays includes a bathroom for added convenience. The property features new garage doors, enhancing functionality and reducing immediate capital improvement needs. The 52’ bay is currently connected to one of the 80’ bays but includes its own separate garage door and can easily be demised to create an additional independent unit, allowing for flexible configurations and increased rental potential. The site also includes a 15-car parking lot, providing valuable on-site parking and outdoor utility rarely found with small-bay industrial properties in the area. One 80’ bay is currently leased at $1,500 per month, providing in-place income, while the remaining warehouse space and office area are available for lease or owner occupancy. ICMX zoning permits a wide variety of commercial and light industrial uses including contractor space, warehouse and distribution, storage, and auto-related operations. Annual real estate taxes total $4,888. Conveniently located near Frankford Avenue, Cottman Avenue, Route 1, public transportation, and South Jersey bridges, this property presents a strong opportunity for investors seeking value-add upside or for owner-users looking to secure flexible industrial space in a prime Northeast Philadelphia corridor.
#PAPH2588884

PHILADELPHIA

4220-4224 HOLMESBURG AVENUE

None Beds

None Baths

5,000 Sq.Ft.

$599,000

MLS#: PAPH2588884

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service