Rare opportunity to own a zoned restaurant triplex directly on South Street, one of Philadelphia’s most recognizable and high-traffic commercial corridors. This property offers three income-producing units with significant value-add potential for investors, developers, or owner-operators.
The ground-floor commercial space is a former restaurant, featuring tiled floors, commercial kitchen infrastructure, hood/exhaust system, utility connections, and a street-facing layout ideal for food, retail, or service use (buyer to verify zoning and permitted uses). The space is currently vacant and ready for renovation or re-concepting.
Above the commercial space are two (2) one-bedroom, one-bath apartments, each with spacious living areas, full kitchens, and good natural light. One unit features hardwood flooring and a private rear deck, while the other offers a functional layout with ample storage. Both residential units are in livable but dated condition, presenting a clear opportunity to increase rents through cosmetic updates.
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Listing Snapshot
Price
$855,000
Days On Site
254 Days
Bedrooms
2
Inside Area (SqFt)
1,920 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1915
MLS® Number
PAPH2577986
Status
Active
Property Tax
$7,504
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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