1648 S 16th Street, Philadelphia, PA 19145

$829,000
  • 1648 S 16th Street, Philadelphia, PA 19145 Main Photo

35 Photos

New to the Market ACTIVE
MLS#PAPH2668678
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLPHILADELPHIA CITY

Property Description

Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. See agent for more information on the potential use as a day center. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1 bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come.

1648 S 16th Street | MLS# PAPH2668678

This commercial property located at 1648 S 16th Street, Philadelphia, PA 19145 is currently listed for sale with an asking price of $829,000. S 16th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.reexcelpros.com today.

Property Features

Property Type: Commercial -
Basement: Yes
Cooling: Central A/C
Fuel Type: Electric
Heating: Forced Air, Heat Pump(s)
Lot Size: 0.02 Acres
Taxes: $4,762
Year Built: 1915

Feature Descriptions

Days on Site: 1
Exterior: Masonry
Location: Corner Lot/Unit
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Public, Unassigned
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 3
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015

Shown By

Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Agency Phone: 215-536-9550

IDX logo

Login to My Homefinder