2214 South StPhiladelphia, PA 19146

Property Details for 2214 South St

Year built

1915

Lot size

0.03 AC

Property size (Sq ft)

2,736 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional mixed-use property at 2214 South Street in Philadelphia, Pennsylvania, offers a compelling investment opportunity. The 2,736 square foot building, constructed in 1915, sits on a 0.03-acre lot and features five units: four apartments (two studios and two one-bedroom units) and approximately 1,000 square feet of ground-floor commercial space currently occupied by a popular restaurant. The property is zoned CMX2, providing flexibility for future development. Located in the Graduate Hospital neighborhood of Southwest Center City, this location benefits from high foot traffic and proximity to major employers including Comcast, Aramark, Penn Medicine, CHOP, the University of Pennsylvania, and Drexel University. Easy access to Interstates 76, 676, and 95 provides excellent connectivity throughout the Philadelphia metropolitan area. The property's strong tenant base and prime location present a significant opportunity for value-add renovations to the residential units, potentially increasing rental income and repositioning the property as a luxury apartment building catering to young professionals. The asking price is $975,000, with a price per square foot of $356.36. The property's fee simple ownership provides complete control and potential for long-term growth. This is a rare chance to acquire a well-situated mixed-use asset in a thriving Philadelphia neighborhood. The property's APN is 871136650.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9452

Longitude

-75.1791

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