$ 539,900
-
$539,900
Price -
1
Bed -
0
Bath -
2,441
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing COMPASS1 - 3133153,3265740
Discover an incredible opportunity in the heart of Spring Garden with this mixed-use property—perfect for investors or owner-occupants looking to make their mark. The property features a commercial space, most recently used as a restaurant, on the main level and a large one-bedroom apartment above, which will soon be available for rent. The commercial space offers a versatile footprint with existing electrical infrastructure and restaurant framework in place—ready for a full build-out or renovation to suit your needs. Currently, the commercial space is occupied by a tenant on a month-to-month lease, paying $4,000 per month and covering approximately 80% of the property’s expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end user’s immediate use. An optional liquor license is also available for purchase, offered separately at $150,000—providing an excellent value for anyone looking to operate a restaurant, bar, or café. The seller is open to selling the property as-is or completing a custom build-out for the right buyer, subject to the extent of the project/terms. Whether you’re seeking an income-generating investment or an inviting opportunity to bring your business vision to life, this property offers flexibility, prime positioning, and long-term potential.
Listing Highlights
Status
Active
Days on Site
39
Property Type
Multi-Family
MLS ®
PAPH2557172
Year Built
1920
Total Square Footage
2,441
Lot/Acreage
0.02
County
Philadelphia
Neighborhood
Spring Garden
Area
19123 (19123)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 1
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft: 2441
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 18.00 x 50.00
- Zoning: CMX1
- Roof: Flat
- Others: Major Rehab Needed
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,913
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
549 N 12th St Philadelphia, PA 19123
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
