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242 South Street Philadelphia, PA $ 785,000
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$ 785,000 Get more info
242 South Street
$ 785,000
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242 South Street

Philadelphia, PA, 19147
$ 785,000
Baths0.0 Sq 650

Monthly Estimate*

$ 5,217

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Studio

Commercial Property for sale in Philadelphia, PA

for $785,000. This 650 square foot building was built in 1887 on a lot size of 0.01.

Welcome to South Street!! This Mixed-Use Residential-Commercial building is perfect for an owner-occupant store + residence. Positioned along the renowned South Street Commercial Corridor, this property unveils a fully-equipped, turn-key Ice Cream store, complete with all essential equipment and features, along with a 1,200 square foot, bi-level, 1-bedroom apartment with a roof deck with outstanding views of the city and skyline! The store space is ready for use while the apartment unit is tenant-occupied at $1,500 per month. Step into the next generation of the South Street Commercial Corridor!

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Commercial Active

Price

$ 785,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,755

Style

Restaurant/Bar

Lot Size

0.01

Year Built

1887

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2312790
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 1
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Immediate
Zoning CMX2
Construction Materials Masonry
Exclusions Apartment Tenant Belongings
Year Built 1887
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Restaurant/Bar
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name QUEEN VILLAGE
Water Access Y/N N
Status ACTIVE
Directions South Street between 2nd and 3rd Street
City PHILADELPHIA
Buyer Agent Compensation 3
MLS Area 19147 (19147)
Lot Size Square Feet 613.00
Waterfront Y/N N
Street Name SOUTH
Tax Annual Amount 4755.0
Price Per Sq Ft Total 545.14
Acceptable Financing Cash Conventional
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 125
Standard Status Active
Year Built Source Estimated
Tax Lot 670
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Ice Cream Store equipment & fixtures
Type of Parking On Street
Water View Y/N N
Building Area Total 1440.00
Lot Dimensions 15.00 x 40.00
Lot Size Acres 0.01
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 67946.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 242
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* Excluded Features
List By
Ocf Realty Llc - Philadelphia

Broker

dennis@ocfrealty.com

Email

Affordability Calculator

$5,614
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,217
Monthly Property Taxes
$396
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/15/2024$785,000 Listed Price

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242 South Street, Philadelphia, PA, 19147 is a Commercial Property for sale at $785,000 with 650 sqft and a lot size of 0.01. 242 South Street is a studio with 0.0 baths and was built in 1887. The property's zip code is 19147 which is in Philadelphia, PA

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