2647 Jasper St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19125- Kensington
$699,000 USD
215-442-9388
2647 Jasper St, Philadelphia, PA for Sale
$699,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

2647 Jasper St
Philadelphia, PA 19125
Kensington


HIGHLIGHTS

  • Located in Kensington, one of Philadelphia’s fastest-growing neighborhoods.
  • Designated Opportunity Zone allowing for potential tax advantages.
  • Exceptional pedestrian access supported by strong public transit options.
  • Close proximity to major hubs including Center City, Temple University, and cultural districts.
  • Building features three stories with both storefront retail and residential components, enhancing revenue diversity.

OVERVIEW

2647 Jasper Street presents a rare opportunity in the rapidly evolving Kensington neighborhood of Philadelphia. Offered at $699,000, this fully leased, mixed-use property combines storefront retail with residential components in a highly walkable urban setting. With multiple tenants and a strong rental history, it positions itself as an attractive investment for buyers seeking stable cash flow and long-term appreciation. The building spans three stories and benefits from dual-use functionality, maximizing income potential from both commercial and residential leases. Located in a designated Opportunity Zone, investors may capitalize on favorable federal tax incentives, significantly enhancing after-tax returns. The site is well positioned near Philadelphia’s vibrant business and cultural corridors, just minutes from Center City, Fishtown, and Temple University, while also enjoying strong connectivity via SEPTA public transit and major regional highways. Surrounding amenities include eclectic retail, popular dining spots, art venues, and dense residential development, creating consistent demand for both storefront and living spaces. These factors, together with its established occupancy and proven performance, make 2647 Jasper Street an asset that blends income stability with urban growth potential.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1875

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

998 SF

ZONING

C1

APN/PARCEL ID

871540900

ASK ABOUT THIS PROPERTY

Ed McDonaldHartsville Realty Management CompanyMore Info
215-442-9388

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Ed McDonaldHartsville Realty Management CompanyMore Info
215-442-9388

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