$ 1,790,000
-
$1,790,000
Price -
4,947
SqFt -
0.05
Acre
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About the Listing MALLPAN - 3189799
Presenting an exciting opportunity to purchase a pairing of two properties at a unique cornerstone location in the epicenter of Northern Liberties. This is the Park Place of NorLib fronting on North 2nd Street directly across from the Piazza. 992 N 2nd was built from the ground up in 2010, while 990 N 2nd has continuously operated as a 3 unit multifamily for decades. The property has ground floor commercial and a Wildey St entrance to the light filled apartments above. In August of 2026, the commercial tenant is coming to the end of their term with no options in place for renewal. While the tenant has indicated they would like to stay, this offers an opportunity to retenant at market rate which is substantially higher than the current lease. Alternatively, an owner operator will have an opportunity in an unmatched location for the neighborhood. Additionally, the first floor of 990 N 2nd should be converted to retail for both increased rent and conversion to a NNN format.
Listing Highlights for 990 N 2nd St
Status
Active
Days on Site
32
Property Type
Commercial Sale
MLS ®
PAPH2676724
Year Built
1920
Total Square Footage
4,947
Lot/Acreage
0.05
County
Philadelphia
Neighborhood
Northern Liberties
Area
19123 (19123)
School District
Philadelphia City
Interior Details
- Appliances:
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 15.00 x 78.00
- Zoning: CMX2.5
- Roof:
- Others: Very Good
- Sewer: Public Sewer
Financial Details
- Tax Amount: $8,639
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
990 N 2nd St Philadelphia, PA 19123
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