$ 550,000
-
$550,000
Price -
1
Bed -
0
Bath -
1,728
SqFt
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About the Listing KWEMPWR - 3246341
Exceptional mixed-use investment opportunity in the heart of North Philadelphia's rapidly developing Allegheny West neighborhood. Offering over 1,700 square feet of commercial space plus two 1-bedroom, 1-bathroom residential units above, this property presents multiple avenues for income generation and long-term value appreciation. The expansive commercial storefront was previously operated as both a Caribbean restaurant and a water ice business simultaneously, demonstrating the flexibility of the layout and its potential to accommodate multiple business concepts. The commercial space may offer the possibility to be divided for separate uses, creating additional opportunities for future operators or investors. Above the commercial space are two separate 1-bedroom, 1-bathroom apartments, providing additional rental income potential. Whether you're an investor seeking a mixed-use asset, an entrepreneur looking to operate your own business while generating residential rental income, or a buyer searching for a value-add opportunity, this property offers tremendous upside. The property does require renovations and improvements, making it an ideal project for investors and developers looking to maximize returns through strategic updates and repositioning. Conveniently located near major transportation routes, public transit, shopping, schools, and neighborhood amenities, the property is situated in an area experiencing ongoing investment and redevelopment activity. Its prominent location and mixed-use zoning potential make it an attractive addition to any real estate portfolio. Property is being sold in as-is condition. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and any future development opportunities.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
PAPH2640902
Year Built
1925
Total Square Footage
1,728
Lot/Acreage
0.02
County
Philadelphia
Building Name
WATER ICE AND RESTAURANT
Neighborhood
North Central
Area
19132 (19132)
School District
Philadelphia City
Interior Details
- Bedrooms: 1
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric,Baseboard - Hot Water,Hot Water,Hot Water & Baseboard - Electric
- Fireplaces:
- Floor: Tile/Brick
- Above Ground Sq Ft: 1728
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: None
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 16.00 x 60.00
- Zoning: CMX1
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Public,On Street,Off Site
Financial Details
- Tax Amount: $1,639
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2201 N Woodstock St Philadelphia, PA 19132
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