1515 Mckean St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19145- South Philadelphia West
$595,000 USD
267-546-1732
1515 Mckean St, Philadelphia, PA for Sale
$595,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | 6.7% Cap Rate

1515 Mckean St
Philadelphia, PA 19145
South Philadelphia West


HIGHLIGHTS

  • Corner location at McKean Street and South Hicks Street provides visibility from two streets and multiple points of access.
  • Situated in Philadelphia’s South Philadelphia neighborhood, surrounded by a dense residential population and established local businesses.
  • Approximately 2.5 blocks from Snyder Station on SEPTA’s Broad Street Line, providing direct transit access to Center City Philadelphia and NRG Station
  • Minutes from the South Philadelphia Sports Complex, home to Lincoln Financial Field, Citizens Bank Park, and the Wells Fargo Center.
  • Convenient access to Interstate 76 and Interstate 95, connecting the property to Center City, University City
  • Located near the East Passyunk Avenue commercial corridor, one of Philadelphia’s most recognized retail, dining, and neighborhood business districts.

OVERVIEW

MPN Realty, Inc. is proud to present the exclusive sale of 1515 McKean Street, a 1,878 SF mixed-use property located in South Philadelphia. This two-story building consists of one (1) ground floor retail space of approximately 1,200 SF and one (1) spacious 1-bedroom/1-bath residential unit with a private outdoor deck. The property is 100% leased— the ground floor is home to Forbidden Closet, an established vintage boutique — offering immediate income for an investor or an attractive live/work opportunity for an owner occupant. Situated in one of South Philadelphia’s most sought-after and rapidly growing neighborhoods, 1515 McKean Street represents a compelling addition to any portfolio.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Hicks St

LAND ACRES

0.02 AC

LAND SF

1,028 SF

ZONING

CMX 2

APN/PARCEL ID

871573280

ASK ABOUT THIS PROPERTY

Alexandra CharenMPN RealtyMore Info
267-546-1732

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Alexandra CharenMPN RealtyMore Info
267-546-1732

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.