632-34 N 2nd Street offers a rare stabilized investment opportunity in the heart of Northern Liberties, one of Philadelphia’s most dynamic neighborhoods. This mixed-use property features two ground-floor commercial spaces and four fully leased residential units, providing immediate income and long-term upside. The corner retail space is anchored by Chase Bank, while the inline space is leased to Northern Liberties Mailbox Store, ensuring strong credit tenancy. Residential units include two one-bedroom and two two-bedroom apartments, all currently leased at below-market rents, creating a compelling value-add scenario.
Positioned along the bustling North 2nd Street corridor, the property benefits from exceptional visibility and foot traffic in a neighborhood that has seen over 1,000 new residential units developed in recent years. Northern Liberties is a premier destination for dining, nightlife, and boutique retail, attracting a diverse and affluent demographic. With CMX-2.5 zoning, the property also offers future redevelopment potential. This is an ideal acquisition for investors seeking a stable, income-producing asset with significant growth potential in one of Philadelphia’s most desirable submarkets.