Exceptional mixed-use investment opportunity in the heart of North Philadelphia's rapidly developing Allegheny West neighborhood. Offering over 1,700 square feet of commercial space plus two 1-bedroom, 1-bathroom residential units above, this property presents multiple avenues for income generation and long-term value appreciation. The expansive commercial storefront was previously operated as both a Caribbean restaurant and a water ice business simultaneously, demonstrating the flexibility of the layout and its potential to accommodate multiple business concepts. The commercial space may offer the possibility to be divided for separate uses, creating additional opportunities for future operators or investors. Above the commercial space are two separate 1-bedroom, 1-bathroom apartments, providing additional rental income potential. Whether you're an investor seeking a mixed-use asset, an entrepreneur looking to operate your own business while generating residential rental income, or a buyer searching for a value-add opportunity, this property offers tremendous upside. The property does require renovations and improvements, making it an ideal project for investors and developers looking to maximize returns through strategic updates and repositioning. Conveniently located near major transportation routes, public transit, shopping, schools, and neighborhood amenities, the property is situated in an area experiencing ongoing investment and redevelopment activity. Its prominent location and mixed-use zoning potential make it an attractive addition to any real estate portfolio. Property is being sold in as-is condition. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and any future development opportunities.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$550,000
Days On Site
81 Days
Bedrooms
1
Inside Area (SqFt)
1,728 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1925
MLS® Number
PAPH2640902
Status
Active
Property Tax
$1,639
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.