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Investment Highlights

  • Located in Kensington, one of Philadelphia’s fastest-growing neighborhoods.
  • Exceptional pedestrian access supported by strong public transit options.
  • Building features three stories with both storefront retail and residential components, enhancing revenue diversity.
  • Designated Opportunity Zone allowing for potential tax advantages.
  • Close proximity to major hubs including Center City, Temple University, and cultural districts.

Executive Summary

2647 Jasper Street presents a rare opportunity in the rapidly evolving Kensington neighborhood of Philadelphia. Offered at $699,000, this fully leased, mixed-use property combines storefront retail with residential components in a highly walkable urban setting. With multiple tenants and a strong rental history, it positions itself as an attractive investment for buyers seeking stable cash flow and long-term appreciation.
The building spans three stories and benefits from dual-use functionality, maximizing income potential from both commercial and residential leases. Located in a designated Opportunity Zone, investors may capitalize on favorable federal tax incentives, significantly enhancing after-tax returns. The site is well positioned near Philadelphia’s vibrant business and cultural corridors, just minutes from Center City, Fishtown, and Temple University, while also enjoying strong connectivity via SEPTA public transit and major regional highways.
Surrounding amenities include eclectic retail, popular dining spots, art venues, and dense residential development, creating consistent demand for both storefront and living spaces. These factors, together with its established occupancy and proven performance, make 2647 Jasper Street an asset that blends income stability with urban growth potential.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,950 SF
Building Class
B
Year Built
1875
Price
$967,786 CAD
Price Per SF
$245.01 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.96
Lot Size
0.02 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial Mixed Use
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Fairly bikeable
50/100

Nearby Major Retailers

Truist
Checkers
CrossFit
Grocery Outlet
Citizens Bank
WSFS Bank
Starbucks
IGA
Planet Fitness
Applebee's

Property Taxes

Property Taxes

Parcel Number
871540900
Land Assessment
$123,735 CAD
Improvements Assessment
$494,939 CAD
Total Assessment
$618,674 CAD
  • Listing ID: 39547349

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 2647 Jasper St, Philadelphia, PA 19125

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