549 North 12Th Street Philadelphia, PA 19123

$549,900
0.02
Acres
2,441
SQFT
225
$/SQFT
$549,900
2,441   sf
$225 / sf
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Discover an incredible opportunity in the heart of Spring Garden with this mixed-use property—perfect for investors or owner-occupants looking to make their mark. The property features a commercial space, most recently used as a restaurant, on the main level and a large one-bedroom apartment above, which will soon be available for rent.The commercial space offers a versatile footprint with existing electrical infrastructure and restaurant framework in place—ready for a full build-out or renovation to suit your needs.Currently, the commercial space is occupied by a tenant on a month-to-month lease, paying $4,000 per month and covering approximately 80% of the property’s expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end user’s immediate use.An optional liquor license is also available for purchase, offered separately at $150,000—providing an excellent value for anyone looking to operate a restaurant, bar, or café.The seller is open to selling the property as-is or completing a custom build-out for the right buyer, subject to the extent of the project/terms. Whether you’re seeking an income-generating investment or an inviting opportunity to bring your business vision to life, this property offers flexibility, prime positioning, and long-term potential.

Discover an incredible opportunity in the heart of Spring Garden with this mixed-use property—perfect for investors or owner-occupants looking to make their mark. The property features a commercial space, most recently used as a restaurant, on the main level and a large one-bedroom apartment above, which will soon be available for rent.The commercial space offers a versatile footprint with existing electrical infrastructure and restaurant framework in place—ready for a full build-out or renovation to suit your needs.Currently, the commercial space is occupied by a tenant on a month-to-month lease, paying $4,000 per month and covering approximately 80% of the property’s expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end user’s immediate use.An optional liquor license is also available for purchase, offered separately at $150,000—providing an excellent value for anyone looking to operate a restaurant, bar, or café.The seller is open to selling the property as-is or completing a custom build-out for the right buyer, subject to the extent of the project/terms. Whether you’re seeking an income-generating investment or an inviting opportunity to bring your business vision to life, this property offers flexibility, prime positioning, and long-term potential.

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19123
  • Tax Amount
    $4,913
  • Status
    Active
  • Listing #
    PAPH2557172
  • Built
    1920
  • Lot Size
    0.02
  • Listed on site
    30 days
  • Listing Agent Id
    121136167504
  • Co Listing Agent Id
    300426739015

Listed by:
Compass Pennsylvania, LLC

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Style

  • Contemporary
  • End Unit
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