$ 1,250,000
-
$1,250,000
Price -
0
Bed -
0
Bath -
4,500
SqFt
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About the Listing ORGLLC1 - 3314961
1557-1559 N 29th Street is a three-story corner mixed-use offering in Philadelphia's Brewerytown/Sharswood corridor, assembled and priced as one investment: six income units total — five residential rentals across the second and third floors, positioned over a ground-floor commercial unit that carries a liquor license. The work has already started. 1557 has been totally remodeled — kitchen, baths, flooring, paint, and mechanicals — and carries a rental value of approximately $2,750 per month. That means the asset begins producing at closing instead of waiting on a full-building renovation, and it sets a finish standard the remaining units can be built to. The ground-floor corner unit is the piece that cannot be recreated. It holds a liquor license and enjoys two full street frontages, giving an operator signage, daylight, and walk-in visibility on both sides of the corner. Philadelphia County liquor licenses are quota-restricted, so acquiring the building acquires the entitlement along with it — a bar, restaurant, bottle shop, or café concept can be programmed here without hunting the license market. Above the storefront, the second and third floors support a five-unit residential configuration in a mix of two-bedroom and one-bedroom layouts. With 1557 complete and stabilized, an investor can phase the remaining units on their own schedule, matching capital to lease-up rather than committing to everything at once. Separate rear access keeps the residential circulation independent from the commercial entrance. Artistic architectural renderings of the corner reimagined with a modern facade — full-height glazing, warm wood and charcoal cladding, restored brick above, and a steel entry canopy — are included with the marketing package to illustrate the repositioning upside. Offered at $1,250,000. Please note that 1557 N 29th Street is also listed separately on the MLS — it can be pursued individually or acquired together with 1559 as this assemblage. Contact the listing agent to confirm which structure applies to your offer. Investors, owner-operators, and hospitality groups: this is a rare combination of completed work, remaining upside, and a conveying liquor license on a hard corner. Contact the listing agent for the rent roll, pro-forma, and private showing instructions. Unit count, zoning, and license transfer to be verified by buyer; license transfer subject to PLCB approval.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Commercial Sale
MLS ®
PAPH2667890
Year Built
1925
Total Square Footage
4,500
Lot/Acreage
0.02
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 15.95 x 66.00
- Zoning: CMX2
- Roof:
- Others: Excellent
- Sewer: Public Sewer
Financial Details
- Tax Amount: $5,320
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
1557 1557-1559 N 29th St Philadelphia, PA 19121
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