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342 South St
Philadelphia, PA 19147
Retail Property For Sale

Investment Highlights

  • Mixed-use property featuring retail and residential components.
  • Commercial storefront includes existing kitchen and vent hood infrastructure.
  • Positioned within the South Street Headhouse District near shops, restaurants, and entertainment.
  • Located on South Street with strong visibility and pedestrian activity.
  • Separate entrances for the retail and residential portions of the building.
  • CMX-3 zoning supports a variety of commercial and mixed-use uses.

Executive Summary

Positioned at the intersection of South Street and 4th Street in Philadelphia's established South Street Headhouse District, 342 South Street presents an opportunity to acquire a mixed-use asset within one of the city's most active commercial corridors. The property combines a street-level retail component with a residential apartment above, creating flexibility for investors, owner-users, and entrepreneurs seeking a live-work environment.
The storefront features a commercial kitchen configuration with vented hood infrastructure and direct exposure to the steady pedestrian activity that characterizes South Street. Separate entrances for the residential and commercial portions support operational flexibility while preserving privacy between uses. The property's CMX-3 zoning designation further enhances its appeal by accommodating a range of commercial and mixed-use possibilities.
The location benefits from immediate access to the restaurants, retailers, entertainment venues, and neighborhood amenities that have made South Street a destination for both residents and visitors. Nearby Queen Village, Society Hill, Bella Vista, and Washington Square West contribute to a diverse customer base and sustained activity throughout the day and evening. The walkable urban setting, combined with convenient access to public transportation and Center City Philadelphia, supports long-term occupancy and business visibility.
For investors, the asset offers the potential advantages of mixed-use income streams in a highly recognizable Philadelphia corridor. For owner-occupants, it provides the opportunity to operate a business while maintaining a residential presence in one of the city's most established commercial districts.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,362 SF
Building Class
C
Year Built
1900
Tenancy
Single
Building Height
3 Stories
Building FAR
2.55
Lot Size
0.03 AC
Zoning
C3 - This zoning district is intended for dense, mixed-use development in urban commercial centers
Frontage
15’ on South St

Property Taxes

Property Taxes

Parcel Number
871012550
Land Assessment
$120,298 CAD
Improvements Assessment
$481,194 CAD
Total Assessment
$601,492 CAD
  • Listing ID: 41374051

  • Date on Market: 2026-07-21

  • Last Updated:

  • Address: 342 South St, Philadelphia, PA 19147

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