Description
Rare opportunity to own a zoned restaurant triplex directly on South Street, one of Philadelphia’s most recognizable and high-traffic commercial corridors. This property offers three income-producing units with significant value-add potential for investors, developers, or owner-operators.The ground-floor commercial space is a former restaurant, featuring tiled floors, commercial kitchen infrastructure, hood/exhaust system, utility connections, and a street-facing layout ideal for food, retail, or service use (buyer to verify zoning and permitted uses). The space is currently vacant and ready for renovation or re-concepting.Above the commercial space are two (2) one-bedroom, one-bath apartments, each with spacious living areas, full kitchens, and good natural light. One unit features hardwood flooring and a private rear deck, while the other offers a functional layout with ample storage. Both residential units are in livable but dated condition, presenting a clear opportunity to increase rents through cosmetic updates.
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0BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
Description
Rare opportunity to own a zoned restaurant triplex directly on South Street, one of Philadelphia’s most recognizable and high-traffic commercial corridors. This property offers three income-producing units with significant value-add potential for investors, developers, or owner-operators.The ground-floor commercial space is a former restaurant, featuring tiled floors, commercial kitchen infrastructure, hood/exhaust system, utility connections, and a street-facing layout ideal for food, retail, or service use (buyer to verify zoning and permitted uses). The space is currently vacant and ready for renovation or re-concepting.Above the commercial space are two (2) one-bedroom, one-bath apartments, each with spacious living areas, full kitchens, and good natural light. One unit features hardwood flooring and a private rear deck, while the other offers a functional layout with ample storage. Both residential units are in livable but dated condition, presenting a clear opportunity to increase rents through cosmetic updates.
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