Property

Philadelphia, PA 19123 549 N 12Th Street

549 N 12Th Street Philadelphia, PA - Image 1549 N 12Th Street Philadelphia, PA - Image 2
Presented By: Compass Pennsylvania, LLC
  • MLS# PAPH2556958
  • 11/07/2025
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  • SQFT • 1,650

Home Details

Discover an incredible opportunity in the heart of Spring Garden with this mixed-use propertyperfect 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 placeready 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 propertys expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end users immediate use. An optional liquor license is also available for purchase, offered separately at $150,000providing an excellent value for anyone looking to operate a restaurant, bar, or caf. 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 youre 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.
Presented By: Compass Pennsylvania, LLC

Interior Features for 549 N 12Th Street

Other Interior Features

Central Air Y/NYes
FlooringLuxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 549 N 12Th Street

Acceptable FinancingCash, Other
AccessibilityNone
Business TypeApartment Building, Restaurant/Bar
CityPHILADELPHIA
Construction MaterialsMasonry, Brick
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUse GPS to 549 N 12th StPhiladelphia, PA 19123
HeatingForced Air
Lot Size Square Feet875.00
Lot Size UnitsSquare Feet
MLS Area19123 (19123)
MunicipalityPHILADELPHIA
New ConstructionNo
OwnershipFee Simple
PossessionImmediate, Negotiable, Settlement
Price Per Sq Ft Total AG327.21
Property ConditionMajor Rehab Needed
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameSPRING GARDEN
Tax Annual Amount4913.0
Tax Assessed Value351000.0
Tax Lot104
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningCMX1

Exterior for 549 N 12Th Street

Building Area Total1650.00
Car Parking Spaces
Land Assessed Value70200.00
Land Use CodeID0
Lot Dimensions18.00 x 50.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $539,900
MLS#PAPH2556958
List Date 11/07/2025
Property Type Commercial
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