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1604-1606 W Passyunk Ave
Philadelphia, PA 19145
Retail Property For Sale


Investment Highlights
- Prime corner location along a high-traffic Passyunk Avenue intersection.
- Two-bedroom residential unit with separate entry for added revenue potential.
- Convenient access to Center City, major roadways, and public transit.
- Fully leased ground-floor commercial unit generating stable income.
- Strong foot traffic and visibility in a lively neighborhood retail district.
- Opportunity for value-add improvements while retaining steady cash flow.
Executive Summary
Capture the dynamic pulse of South Philadelphia with this exceptional mixed-use investment located at 1604-1606 W Passyunk Avenue. Positioned at a heavily traveled intersection, this double-wide corner property offers maximum brand visibility and consistent foot traffic in one of Philadelphia’s most authentic and thriving neighborhoods.
The ground level features a spacious commercial storefront currently occupied by a tenant operating as a restaurant, providing an immediate and stable income stream of $2,662 per month. Above the retail space, a two-bedroom residential unit with a private entrance offers an additional income opportunity with projected rents of $1,400 per month. Together, these elements create a strong cash-flow prospect with built-in upside in a highly sought-after corridor known for retail vitality, top-rated eateries, and neighborhood charm.
Surrounded by established businesses and residential density, this property sits in an area where demand remains robust for both retail and apartments. With easy access to Center City, public transportation, and major highways, it boasts connectivity and convenience for tenants and patrons alike. This is a rare opportunity to invest in South Philly’s enduring appeal with a property that delivers on location and potential. Sold as is, this asset offers versatility and long-term promise in a market renowned for its resilience.
The ground level features a spacious commercial storefront currently occupied by a tenant operating as a restaurant, providing an immediate and stable income stream of $2,662 per month. Above the retail space, a two-bedroom residential unit with a private entrance offers an additional income opportunity with projected rents of $1,400 per month. Together, these elements create a strong cash-flow prospect with built-in upside in a highly sought-after corridor known for retail vitality, top-rated eateries, and neighborhood charm.
Surrounded by established businesses and residential density, this property sits in an area where demand remains robust for both retail and apartments. With easy access to Center City, public transportation, and major highways, it boasts connectivity and convenience for tenants and patrons alike. This is a rare opportunity to invest in South Philly’s enduring appeal with a property that delivers on location and potential. Sold as is, this asset offers versatility and long-term promise in a market renowned for its resilience.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,884 SF
Building Class
C
Year Built
1920
Price
$846,576 CAD
Price Per SF
$449.35 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.33
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
CMX25
Frontage
25’ on Passyunk Ave
Property Taxes
| Parcel Number | 871533980 | Improvements Assessment | $378,595 CAD |
| Land Assessment | $94,649 CAD | Total Assessment | $473,243 CAD |
Property Taxes
Parcel Number
871533980
Land Assessment
$94,649 CAD
Improvements Assessment
$378,595 CAD
Total Assessment
$473,243 CAD
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