1648 S 16TH ST, Philadelphia, PA 19145
1648 S 16TH ST, Philadelphia, PA 19145
1648 S 16TH ST, Philadelphia, PA 19145
1648 S 16TH ST, Philadelphia, PA 19145
1648 S 16TH ST, Philadelphia, PA 19145
1648 S 16TH ST, Philadelphia, PA 19145
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$ 829,000
Est. payment | /mo

992 Sqft Lot


$ 829,000
Est. payment | /mo

992 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Lot Size 992 Sqft

MLS Listing ID PAPH2668678

Total Units 3

Short Sale No

Originating MLS BRIGHT

Property Description

Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1 bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come. BONUS: Tax Abatement runs through 2030

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning CMX1

Area 19145 (19145)

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Road Frontage City/County

Parking Type On Street

Building

New Construction N

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax Amount $4,762

Tax Year 2026

Tax ID 871550700

Ownership Fee Simple

Special Sale Standard

Bright MLS (BMLS)
Listed by John Brown • Compass Pennsylvania, LLC

Nearby Locations

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