Philadelphia PA Commercial for Sale

ADDITIONAL INFORMATION

This historic property offers an exceptional investment opportunity in one of Philadelphia’s most sought-after neighborhoods, Rittenhouse Square. Situated just steps from the park, 1725 Spruce St. features a mix of commercial and residential units, providing significant income potential. The building includes a vacant 1,100 sq. ft. commercial unit on the lower level with two half-bathrooms, a kitchenette, and outdoor access with a handicap rail and separate side-street entrance. This versatile space is ideal for various businesses and is a prime candidate for quick leasing in a high-demand area. The upper floors house six residential units, including two studios and four one-bedroom apartments, all currently leased. Unit #5 will become available at the end of February, providing an opportunity for new tenants or upgrades. Many tenants have been in place for years, ensuring stable rental income. Units are equipped with window air conditioning and heating units, and there’s a coin-operated washer/dryer in the building for tenant use. The building also features a private mailbox area, intercom system, and a small roof deck in Unit #3. Located in the heart of Rittenhouse Square, this property offers unparalleled access to the park, fine dining, shopping, and cultural attractions. The building’s historic charm, including a grand front door, adds character and appeal. While there are no parking spots included with the building, a nearby parking garage offers convenient rental options for residents. The property is being sold “as-is” and presents a rare opportunity to own a large building in a prime location. With minor updates, the rent potential is significant, and units consistently rent quickly in this desirable area. The asking price offers excellent value, especially considering comparable properties in the area have sold for over $800 per square foot. This is a unique chance to acquire a well-maintained property with long-term income potential in one of Philadelphia's most prestigious neighborhoods. No showings will be considered without proof of buyer qualification being sent to Jacky Damis

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Presenting an investment opportunity at 124-126 S 19th Street, located in the heart of Rittenhouse Square, one of Philadelphia's most prestigious neighborhoods. This newly renovated mixed-use building features a variety of (9) residential units, including a mix of studios, one-bedroom, and two-bedroom apartments, and (1) commercial restaurant tenant - all fully leased. Situated in a prime location, the property offers residents easy access to shopping, dining, etc., making it highly attractive to tenants.

ADDITIONAL INFORMATION

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ADDITIONAL INFORMATION

The property located at 23-25 South 19th Street, the corner of South 19th and Ludlow Street. 23-25 South 19th Street consists of two parcels and one building, with approximately 5,800sf, over three floors and a lot area of 2,880sf. The ground floor consisting of two commercial spaces each +/- 1,000sf and additional basement space. Originally a 2,000sf dry cleaning location the space was demised in 2017 and two units created. Due to the nature of the use, ownership had a Phase II environmental site assessment done at that time, which provided a clean assessment with no need for reporting or remediation. The two units are now occupied by Healthy Picks Deli on the corner and Ye Old Cleaners and Taylor in the inline space. A stairway on the south side of the property leads to the upper floors. The 2nd floor office space has been occupied by Creative Realty since 2018, and they have just extended their lease for an additional year till June 2024. The residential units consist of one studio and two/ 1 bedroom units on the 2nd and 3rd floors. 23-25 South 19th street sits on the southeast corner of 19th and Ludlow directly in from of the Motto by Marriot hotel, which is also home to the highly ranked Mexican inspired restaurant Condesa. The Rittenhouse Square neighborhood is the premier dining and shopping neighborhood in downtown Philadelphia. Showcasing some nationally regarding restaurants including Parc, Vernick, Friday Saturday Sunday, and Her Place. With several new residential development projects completed and in the pipeline Rittenhouse Square continues to add more density and foot traffic to one of the most visited neighborhoods in the Philadelphia region.

ADDITIONAL INFORMATION

Welcome to 1622 Locust Street, a spectacular and prestigious double wide estate with an expansive rear courtyard situated one block form Rittenhouse Square on a charming, tree-lined block. Constructed in 1852 as the Isaac Lea House, an elegant and stately private residence, the property has been used for commercial purposes for the last century, and for the last five decades has been owned and occupied by the same family as legal offices. With the flexibility to be occupied commercially or through a residential conversion -- including the potential for by-right development of the courtyard -- the opportunity for investors, developers and commercial users alike to acquire this type of property truly only presents itself once in a lifetime! The building was designed by noted architect John Notman, who also designed the Athenaeum on Washington Square, as well as Saint Mark's Church directly across Locust Street. It is one of the first examples in the United States of the Italianate villa style, a distinction which earned the property a Historic designation in Philadelphia in 1967. The building boasts unparalleled original period detail beginning with the ground floor: an ornate vestibule, rooms with gracious proportions; high ceilings, full height windows and doors; crown molding, chair rail, wainscoting; arched and corbelled openings; marble fireplace mantels and inlay parquet floors. A grand central staircase with ornate, carved wood balustrades connects the building’s four stories, capped with a stained glass oval skylight. In the rear of the property, accessible from a covered porch sits a large and pristine courtyard, lined with wrought iron railings and brick walls, paved with bluestone. Mature trees, manicured gardening and a fountain create the feeling of a secluded urban oasis. The patio backs onto Latimer Street, providing additional light and air. Each floor of 1622 Locust overlooks beautiful and serene views to the north and south. A covered driveway for two cars is accessible from both the building and Latimer Street.

ADDITIONAL INFORMATION

Landmark double-wide retail/restaurant space in unbeatable Rittenhouse Square location! Become a part of this explosive restaurant corridor, with neighbors like Shake Shack, Wilder, Village Whiskey, Michael Schulson's Dear Daphni (coming soon), and Ayat (coming soon). Triple net lease. Call listing agent for showings.

ADDITIONAL INFORMATION

Presenting a prime business opportunity in the vibrant heart of Fitler's Square. This lower-level office space boasts approximately 2,092 sq ft of versatile open floor area, ideal for tailoring to your company's specific needs. With the option of up to four off-street parking spaces for an additional monthly fee, convenience and practicality are at your fingertips. Priced at $2,495 per month, plus CAM and U&O fees, this space offers an affordable solution without sacrificing quality. Don’t miss your chance to enhance your business presence in this bustling commercial district. Contact us to schedule a viewing today! Note: Additional parking is available for $325 per space, per month.

ADDITIONAL INFORMATION

Introducing an exceptional commercial property nestled in the vibrant heart of Fitler Square! This prime establishment currently operates as a well-established bar and restaurant, offering a unique opportunity for entrepreneurs and investors alike. Boasting a coveted CMX-4 zoning, transferable liquor License and a prime corner lot, this property opens doors to a diverse range of possibilities. Location: Situated in the trendy Fitler Square neighborhood, the property enjoys high foot traffic and proximity to various amenities, making it an ideal spot for businesses seeking visibility and accessibility. Usage: Currently operating as a successful bar and restaurant, the space is versatile and can accommodate various business concepts, from upscale dining to trendy nightlife experiences. The current owner is also open to moving back in as a tenant. Zoning: The property is zoned CMX-4, providing flexibility for a wide array of commercial uses. This zoning classification allows for mixed-use development, making it an attractive option for those looking to explore residential and/ or retail opportunities. The end use will determine the max height that someone could build. Liquor License: A significant advantage is the inclusion of a transferable liquor license, simplifying the process for businesses in the food and beverage industry. This valuable asset adds an extra layer of appeal for entrepreneurs looking to capitalize on the thriving hospitality scene. Spacious Interior: The property boasts a generously sized interior, providing ample space for creative layout designs and optimal utilization. The first floor bar / Restaurant consists of 2,948 sq ft. The second and third floors consist of 2 apartments. Apartment 1: 2 beds, 2 baths, 2,004 sq ft and is owner occupied but has the rental potential of around $3000/ month. Apartment 2 : 2 beds, 2 baths 1,233 sq ft. It is currently vacant and a white box, but could have a rental potential of $2500/ month. Outdoor Seating Potential: Explore the option to incorporate outdoor seating, creating an inviting atmosphere for patrons to enjoy al fresco dining or drinks. Established Clientele: Benefit from an existing customer base, thanks to the property's current operation as a popular bar and restaurant. Seller is open to becoming a tenant and still operating the bar/ Restaurant. Seize the opportunity to own this prime commercial property in Fitler Square, where the dynamic blend of location, zoning, and a transferable liquor license sets the stage for success. Whether you're a seasoned restaurateur, an aspiring entrepreneur, or an investor with a keen eye for prime real estate, this property promises a gateway to a thriving business venture. Act now and be part of the flourishing commercial landscape in one of Philadelphia's most sought-after neighborhoods!

ADDITIONAL INFORMATION

Single-tenant retail/restaurant opportunity in the heart of Center City Philadelphia. Open floor plan, prominent signage/visibility along highly-trafficked 22nd and Market Streets. Three street frontages. This will be an NNN lease.

ADDITIONAL INFORMATION

This double - wide brownstone in Rittenhouse Square has been used as the offices for a high end law firm for decades. The building offers beautiful historic details, a passenger elevator, and has a large rear private parking lot accessed off Chancellor Street. SHOWINGS ARE APPOINTMENT ONLY. 24 HOURS NOTICE. LISTING AGENT MUST BE PRESENT AT EVERY SHOWING.

ADDITIONAL INFORMATION

NEWLY REDUCED COMMERCIAL BUSINESS & BRICKS - AWESOME OPPORTUNITY! Did you ever want to own your own business with Endless potential and possibilities?? Now is your opportunity to purchase a fully equipped/operational and established business with so many alternative uses for the property. Located Directly on the Corner of 22nd and Arch Street, The neighborhood is economically supported by the presence of a heavily populated area and by the prestigious Logan Square neighborhood and Rittenhouse Residences. So many Condo buildings and townhomes, yet no one has anywhere to sit and dine either casually or fine dining. Food/Liquor/Beer/Wine License included with purchase. All inventory, refrigerators, freezers, walk-ins, and HOOD included with sale. Two Large Bathrooms and an abundance of Storage space, Office Space also, makes this a perfect Investment for a New Bar/Restaurant in the Neighborhood, or you can keep the Arch Gourmet as is! Permit for 3 outside table areas that need to be renewed yearly with the City of Phila. Influential and Prestigious Location for whatever you think is needed on this end of town! Make it happen make this space yours!

ADDITIONAL INFORMATION

NEWLY REDUCED COMMERCIAL BUSINESS & BRICKS - AWESOME OPPORTUNITY! Did you ever want to own your own business with Endless potential and possibilities?? Now is your opportunity to purchase a fully equipped/operational and established business with so many alternative uses for the property. Located Directly on the Corner of 22nd and Arch Street, The neighborhood is economically supported by the presence of a heavily populated area and by the prestigious Logan Square neighborhood and Rittenhouse Residences. So many Condo buildings and townhomes, yet no one has anywhere to sit and dine either casually or fine dining. Food/Liquor/Beer/Wine License included with purchase. All inventory, refrigerators, freezers, walk-ins, and HOOD included with sale. Two Large Bathrooms and an abundance of Storage space, Office Space also, makes this a perfect Investment for a New Bar/Restaurant in the Neighborhood, or you can keep the Arch Gourmet as is! Permit for 3 outside table areas that need to be renewed yearly with the City of Phila. Influential and Prestigious Location for whatever you think is needed on this end of town! Make it happen make this space yours!

ADDITIONAL INFORMATION

5000 Sq. Ft of Store Front + additional substantial basement space in a 6 story 55 Residential Unit building, construction has been completed Spring of 2024. Must be some sort of Food Establishment as required by zoning.

ADDITIONAL INFORMATION

Introducing 1804 Pine St- this amazing opportunity is yours! Currently operating as a bed & breakfast loving cared for by the same family since 1943. Revert to a single family home, continue the B&B, or purchase with 1806 Pine ( MLS# PAPH1026148) for additional units. Premier location in the historic beautiful and exclusive Rittenhouse Square neighborhood and a short walk from the best restaurants, museums and theaters in Philadelphia. The possibilities are endless!