Prime Investment Opportunity on South Broad - Flagship Mixed-Use Property!Welcome to one of the most sought-after business corridors in the city! This rare opportunity sits on bustling South Broad Street in a thriving, high-traffic neighborhood surrounded by established restaurants, schools, and local businesses.The property features five total income-generating units, including a well-known and operating café on the first floor. The café includes a full prep and kitchen area, with rear access to a private yard and basementperfect for operations and deliveries. The entire first floor is climate-controlled with two ductless mini-split systems for efficient heating and cooling (see yard photos for system placement).The full basement offers both front and rear access. Previously used by a tailor, it’s partially finished and ready for renovation, with the rear section providing substantial storage space or further development potential.On the second floor, you'll find two one-bedroom apartments: The front unit is generously sized and ready for your updates. The rear unit has been fully and beautifully renovated, boasting its own central air system located on the roof.The third floor is your blank canvasspacious and full of possibility, including potential for a rear deck or property expansion. Enjoy sweeping city views and maximize your return with creative development.Whether you're a savvy investor or business owner, this is your chance to own a true flagship property on South Broad Street. Opportunities like this don’t come around often!
MLS# | PAPH2469134 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | ACTIVE-BRIGHT |
Year | 1920 |
Days On Site | 7 |
Listing Provided By | Alpha Realty Group | Grace G DeGregorio |
Units | 5 |
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Zoning | CMX2 |
Acreage | 0.03 |
Water Front | Yes |
State | PA |
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County | PHILADELPHIA PA |
City | PHILADELPHIA |
Zip Code | 19145 |
Area | 19145 (19145) |
School District | THE SCHOOL DISTRICT OF PHILADELP |
Listing VS Median (In 19145) | |
Price: $550,000 low | high Med: $256,450 On site: 7 low | high Med: 137.500000 |