$450,000

Property Description

Welcome to this rare mixed-use opportunity in a prime location, spanning from Front Street to Hope Street. The property features a spacious commercial space on the first floor with excellent visibility and high traffic count, perfect for an owner-occupant or investor. The existing business is negotiable, but buyers have the flexibility to bring their own concept (buyer/buyer's agent responsible for confirming permitted uses). With CMX-2 zoning, the space is well-suited for a wide range of neighborhood-serving businesses, retail, or professional services. Above the commercial space are four residential apartments: currently configured as two 1-bedroom units and two 2-bedroom units. With thoughtful updates, there is potential to reconfigure to maximize value, such as converting into two 1-bedroom units and two 3-bedroom units. This creates an excellent opportunity for both rental income and long-term appreciation. The location is a standout feature: this property is surrounded by thriving businesses, ensuring steady foot traffic and exposure. Because the property spans the block, it offers dual street frontage-an advantage not commonly found in the area. An ideal setup allows you to run a business on the first floor, live in one of the upper units, and collect rental income from the others. Zoning is CMX-2 (Neighborhood Commercial Mixed-Use), allowing for a variety of residential and commercial uses.

Property Facts & Features

Property Type

Multi Family

Status

For Sale

Listed

Jun 5, 2026

Price per Sq Ft

$88/sqft

ZIP Code

19140

Parking

On Street

Heating

Baseboard Electric

Cooling

Window Unit(S)

Construction

Masonry

Style

Traditional

Property Tax (2026)

$3,356/yr

Assessed Value

$239,800

Neighborhood

Upper Kensington

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.99994 · Lng -75.12936