Unlock the potential of this commercial investment opportunity in Philadelphia's Frankford neighborhood, previously used as artist lofts. Situated on a 4,155 sq. ft. lot, this property features approximately 6,000+ sq. ft. of building space and includes 16 units, along with a common area kitchen and three common area bathrooms, making it an excellent opportunity for investors seeking income-producing potential or buyers looking to expand their commercial portfolio. The property also includes a convenient side-yard entrance, providing added accessibility and flexibility for tenants and operations. Its versatile layout presents opportunities for multiple rental streams, owner-user occupancy, or future value-add improvements, subject to applicable zoning and municipal approvals. Located in an established commercial corridor with convenient access to major roadways, public transportation, shopping, dining, and neighborhood amenities, this property is well-positioned to attract tenants and support long-term investment goals. Whether you're looking to generate steady rental income, diversify your portfolio, or capitalize on Philadelphia's continued growth, this commercial property offers outstanding potential. Schedule your showing today!
| MLS # | PAPH2646698 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1935 |
| Days On Site | 60 |
| Listing Provided By | LPT Realty, LLC | Maria Maria Quattrone Quattrone |
| Units | 16 |
|---|---|
| Zoning | RSA5 |
| Acreage | 0.10 |
| Property View | Street |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Other |
| Lot Features | Side Yard(s) |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 732 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19124 |
| Area | 19124 (19124) |
| Community Name | FRANKFORD |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in FRANKFORD) | |
Price: $500,000 low | high Med: $174,950 On site: 60 low | high Med: 62.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19124 |
| Area | 19124 (19124) |
| Community Name | FRANKFORD |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in FRANKFORD) | |
Price: $500,000 low | high Med: $174,950 On site: 60 low | high Med: 62.5 | |