FOR SALE (optional owner financing) Prime Mixed-Use Property in South Philly – Commercial & Residential Space with Optional Liquor License. Take advantage of this rare opportunity to own a MIXED -USE PROPERTY in the heart of South Philadelphia! Perfect for investors, business owners, or those seeking a live-work setup. Key Features: Prime Location: Located near the sports complex, casinos, shops, and public transportation, this property is in a high-traffic area with great visibility. Commercial Space: Currently a stylish and popular neighborhood tavern with indoor and outdoor seating space. Perfect for a variety of business types – bar, café,, lounge, social club and more. Liquor license optional. Residential Space: Includes two spacious 1-bedroom apartments with private entrances next to the commercial space, offering immediate rental income or a convenient on-site residence. Flexibility & Income Potential: The upstairs bonus room can be used for private events or converted into another apartment, adding even more value to the property. Great Investment Opportunity: Whether you're looking to open a business, generate rental income, or both, this property offers flexibility and excellent potential in a prime urban location. OWNER ALSO WILLING TO LEASE! Schedule a tour today and see the potential for yourself!
Property Details
Property Features
Property Information:
Architectural Style: Straight Thru
Year Built: 1925
Living Area: 2,430 SqFt
Listing Office:
Office Name: Real of Pennsylvania
Office Phone: (215) 367-5238
Listing Agent: Justin Heath
Interior Features
Interior Information:
Flooring Type: Ceramic Tile, Engineered Wood, Luxury Vinyl Plank, Other
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: GPS
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $749,000
Price Per SqFt: $308/SqFt
Tax Information:
Annual Amount: $2,648
Tax Year: 2020
What can I afford?
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $487.1K more than the Median Sold Price and $109/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2354396
Listing Office:
Office Name: Real of Pennsylvania
Office Phone: (215) 367-5238
Listing Agent: Justin Heath
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Abram Stockton Jenks School
2501 S 13th St
Distance between this listing and this school0.25 miles
Public District Grades KG-5
5
/10
Francis Scott Key School
2230 S 8th St
Distance between this listing and this school0.39 miles
Public District Grades KG-6
3
/10
Stephen Girard Elementary School
1800 Snyder Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-4
Nearby Schools
6
/10
D. Newlin Fell School
900 W Oregon Ave
Distance between this listing and this school0.11 miles
Public District Grades KG-8
6
/10
Philadelphia Performing Arts Charter School
2600 S Broad St
Distance between this listing and this school0.37 miles
Public Charter Grades KG-8
5
/10
John H. Taggart School
400 W Porter St
Distance between this listing and this school0.55 miles
Public District Grades KG-8
Nearby Schools
5
/10
Mastery Charter School - Thomas Campus
927 Johnston St
Distance between this listing and this school0.14 miles
Public Charter Grades KG-12
3
/10
South Philadelphia High School
2101 S Broad St
Distance between this listing and this school0.52 miles
Public District Grades 9-12
4
/10
Furness High School
1900 S 3rd St
Distance between this listing and this school0.92 miles
The neighbors living near this home have an average income of $48,043. Most Philadelphia, PA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 2652 S Alder St in Philadelphia, PA and zip code 19148 in the South Philadelphia neighborhood. This 2,430 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $749,000.
In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $261,807 during the same period.
From Rocket Homes Real Estate and based on county public records data.