For Lease
$69.24/SF/YR

242 South St Philadelphia, PA 19147

Turn-key ice cream shop, immediate occupancy.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 1,440 square foot commercial property, located at 242 South Street in Philadelphia, Pennsylvania (zip code 19147), presents a unique investment opportunity. Currently configured as a fully operational ice cream parlor, this single-tenant space offers 650 square feet of immediately available space on the main level, complemented by a sizable basement area. The main level features a fully equipped commercial kitchen (without a hood vent), a convenient half-bath, and ample storage. The basement provides additional space, ideal for office use or expanded storage. The property is zoned CMX-2, allowing for a variety of potential uses beyond its current ice cream shop configuration. Its prime location on South Street places it within the vibrant heart of Philadelphia's commercial corridor, offering high visibility and foot traffic. The property is ready for immediate occupancy, making it an attractive option for entrepreneurs seeking a turn-key operation or those looking to establish a new business in a high-demand area. The existing ice cream shop setup provides a solid foundation for a seamless transition, while the flexible zoning allows for creative adaptation to suit diverse business needs. This is a rare chance to acquire a well-situated commercial property in a thriving Philadelphia neighborhood.

Highlights

  • 1,440 SF commercial property at 242 South Street, Philadelphia, PA 19147.
  • Currently operating as an ice cream parlor; 650 SF main level with fully equipped commercial kitchen (no hood vent) and half-bath; plus basement storage/office space.
  • CMX-2 zoning allows for diverse uses.
  • Prime South Street location offers high visibility and foot traffic.
  • Ready for immediate occupancy; turn-key operation.

Property Details for 242 South St

Property type
Restaurants
RSF (Rentable sq. ft)
1,440 SF

Unit(s) available at that property

Space
Size
650 SF
Rate per SF
$69.24

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9412552
Longitude
-75.14723

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FAQs

What type of property is this?
Restaurant - Turn-key ice cream shop, immediate occupancy.
Where is the restaurant located?
The property is located at 242 South St Philadelphia, PA.
What is the lease rate?
The lease rate is $69.24/SF/YR.
What are key features of this property?
This property features: 1,440 SF commercial property at 242 South Street, Philadelphia, PA 19147.; Currently operating as an ice cream parlor; 650 SF main level with fully equipped commercial kitchen (no hood vent) and half-bath; plus basement storage/office space.; CMX-2 zoning allows for diverse uses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Dennis Carlisle
Dennis Carlisle
Visit Broker Website

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South St
Philadelphia, PA 19147

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South St
Philadelphia, PA 19147

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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242 South St
  • Dennis Carlisle
    Dennis Carlisle
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