Property
Philadelphia, PA 19107 1218 Pine Street
$1,545,000
39 more
Presented By: Keller Williams Realty
SQFT • 1,260
Home Details
Attention investors or business owners, this prime location at Washington Square West is available now. The 1128 Pine street, exceptional opportunity to own an income producing Multi-Unit building. The 1st floor & basement currently used as long term successful Japanese cuisine restaurant which had" grandfather food license" . The 2nd & 3rd floor is a bilevel 3 BR apartment with one and half bathroom, washer/dryer, deck patio, central HVAC that is currently rented. TOTAL income produced over $78,000 per year. Located in historic Washington Square West and surround by culture attractions and the vibrant energy of city living. Contact the listing agent to schedule a tour and for any financial information.
Presented By: Keller Williams Realty
Interior Features for 1218 Pine Street
Other Interior Features
Central Air Y/NNo
FlooringHardwood
Heating FuelOther, Electric, Natural Gas
Heating Y/NYes
Hot WaterOther
General for 1218 Pine Street
Acceptable FinancingCash, Conventional, Exchange, Other
AccessibilityNone
Business TypeApartment Building, Bed and Breakfast, Professional, Restaurant/Bar, Supermarket/Grocery Store
Cap Rate4.50
CityPHILADELPHIA
Construction MaterialsBlock, Brick
Cool FuelElectric
CoolingWall Unit
CountyPHILADELPHIA
Directions1218 Pine street
Gross Income78480.00
Heating90% Forced Air, Central
Historic Y/NYes
Insurance Expense3500.00
Lot Size Square Feet789.00
Lot Size UnitsSquare Feet
MLS Area19107 (19107)
ModificationTimestamp2025-05-13T00:30:09
MunicipalityPHILADELPHIA
Net Operating Income70000.00
New ConstructionNo
OwnershipFee Simple
PossessionImmediate, 0-30 Days CD, Negotiable
Possible UseCommercial, Food & Beverage, Food Market, Mixed Use, Restaurant, Retail, Spa, Other
Price Per Sq Ft Total AG1226.19
Property ConditionGood
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofFlat, Rubber
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNONE AVAILABLE
Tax Annual Amount4573.14
Tax Assessed Value326700.0
Tax Lot169
Tax Year2025
Total Actual Rent78480.00
Trash Expense500.00
UtilitiesWater Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningRSA5
Exterior for 1218 Pine Street
Building Area Total1260.00
Car Parking Spaces200
Foundation DetailsBrick/Mortar
Inclusionsrestaurants equipment negotiable
Lot Dimensions15.00 x 53.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces210
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Charles Torres
Owner