Positioned in the heart of Philadelphia’s historic Old City district, this fully leased mixed-use property offers a rare opportunity for investors or owner-users seeking a prime urban asset. Comprising two connected buildings, the property includes four residential units and one commercial space, creating a balanced income stream and strong occupancy stability. Its CMX-3 zoning enhances flexibility for future redevelopment or adaptive reuse, making it a strategic long-term hold.
The location is unmatched, with immediate access to Old City’s vibrant amenities, including acclaimed dining, boutique retail, and cultural landmarks. Connectivity is exceptional, with the Market-Frankford Line just steps away, ensuring seamless transit throughout the city. The surrounding neighborhood attracts a dynamic mix of professionals, tourists, and residents, supporting robust demand for both residential and commercial spaces.
This property represents a turnkey investment in one of Philadelphia’s most desirable corridors, combining historic charm with modern convenience. Contact PernaFrederick Commercial Real Estate for detailed financials and pricing information.