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Listed by Nadia Bilynsky • Mallin Panchelli Nadel Realty Inc
$725,000
Est. payment /mo
1,462 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Cobbs Creek
MLS Listing ID PAPH2663744
Year Built 1925
Annual Tax Amount $5,528
Tax Year 2027
Lot Size 1,462 Sqft
Acres 0.03
Lot Dimensions 18.00 x 85.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Welcome to 500 S 52nd Street, a fully stabilized, mixed-use investment property prominently situated on the highly visible corner of S 52nd Street and Larchwood Avenue in the heart of Cobbs Creek in West Philadelphia.
Originally renovated to a high standard in 2018, this turnkey asset consists of four fully leased units, including a popular neighborhood café occupying the entire ground floor and three residential apartments above. The commercial space is leased to Toast Café, a well-established local business that serves as a neighborhood destination, while the upper floors feature two one-bedroom apartments and one two-bedroom apartment, all currently occupied, providing immediate and diversified cash flow.
Positioned on a prominent corner, the property benefits from excellent visibility, strong pedestrian activity, and an attractive architectural presence enhanced by a celebrated exterior mural. The mural is protected by a recorded easement and will remain a permanent feature of the property, contributing to its unique identity and neighborhood character.
Located within one of West Philadelphia's most dynamic corridors, 500 S 52nd Street is surrounded by an
eclectic mix of restaurants, cafés, neighborhood retail, and dense residential housing, with convenient access to University City, Center City Philadelphia, SEPTA transit, and major employment centers.
Offering stable in-place income, minimal near-term capital needs, and an irreplaceable corner location, 500 S 52nd Street represents an exceptional opportunity for investors seeking a well-maintained, turnkey mixed-use asset in one of Philadelphia's strongest urban investment markets.
INVESTMENT HIGHLIGHTS
» » Fully stabilized 4-unit mixed-use investment
» » Complete renovation completed in 2018
» » Fully leased with immediate cash flow
» » Ground floor leased to Toast Café
» » Three apartments above (two 1-bedroom units and one 2-bedroom unit)
» » Prominent, highly visible corner location
» » Protected exterior mural adds lasting architectural character
» » Strong West Philadelphia location near University City, public transit, shopping, and neighborhood amenities
» » Turnkey asset requiring minimal near-term capital investment
Originally renovated to a high standard in 2018, this turnkey asset consists of four fully leased units, including a popular neighborhood café occupying the entire ground floor and three residential apartments above. The commercial space is leased to Toast Café, a well-established local business that serves as a neighborhood destination, while the upper floors feature two one-bedroom apartments and one two-bedroom apartment, all currently occupied, providing immediate and diversified cash flow.
Positioned on a prominent corner, the property benefits from excellent visibility, strong pedestrian activity, and an attractive architectural presence enhanced by a celebrated exterior mural. The mural is protected by a recorded easement and will remain a permanent feature of the property, contributing to its unique identity and neighborhood character.
Located within one of West Philadelphia's most dynamic corridors, 500 S 52nd Street is surrounded by an
eclectic mix of restaurants, cafés, neighborhood retail, and dense residential housing, with convenient access to University City, Center City Philadelphia, SEPTA transit, and major employment centers.
Offering stable in-place income, minimal near-term capital needs, and an irreplaceable corner location, 500 S 52nd Street represents an exceptional opportunity for investors seeking a well-maintained, turnkey mixed-use asset in one of Philadelphia's strongest urban investment markets.
INVESTMENT HIGHLIGHTS
» » Fully stabilized 4-unit mixed-use investment
» » Complete renovation completed in 2018
» » Fully leased with immediate cash flow
» » Ground floor leased to Toast Café
» » Three apartments above (two 1-bedroom units and one 2-bedroom unit)
» » Prominent, highly visible corner location
» » Protected exterior mural adds lasting architectural character
» » Strong West Philadelphia location near University City, public transit, shopping, and neighborhood amenities
» » Turnkey asset requiring minimal near-term capital investment
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Other
Water Other
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871572390
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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Jeanette Petrucelli
Broker Associate License ID: AB067317
Broker Associate License ID: AB067317