Philadelphia, PA 19123,549 N 12TH ST
Philadelphia, PA 19123,549 N 12TH ST
Philadelphia, PA 19123,549 N 12TH ST
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Listed by Eli Qarkaxhia • Compass Pennsylvania, LLC
$539,900
Est. payment /mo
875 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Spring Garden

MLS Listing ID PAPH2556958

Year Built 1920

Annual Tax Amount $4,913

Tax Year 2025

Lot Size 875 Sqft

Acres 0.02

Lot Dimensions 18.00 x 50.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Discover an incredible opportunity in the heart of Spring Garden with this mixed-use property—perfect 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 place—ready 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 property's expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end user's immediate use.

An optional liquor license is also available for purchase, offered separately at $150,000—providing an excellent value for anyone looking to operate a restaurant, bar, or café.

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 you're 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.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882919121

Ownership Fee Simple

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Standard


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Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Gamp

    Public | 5 - 12

  • 9

    Masterman Julia R Secondary School

    Public | 5 - 12

  • 8

    Meredith School

    Public | KG - 8

  • 7

    Christopher Columbus Charter School

    Public | KG - 8

  • 7

    Folk Arts-Cultural Treasures Charter School

    Public | KG - 8

  • 7

    General George A. McCall School

    Public | KG - 8

  • 7

    Laboratory Charter School

    Public | KG - 8

  • 7

    Environment Community Opportunity (Eco) Charter Sc

    Public | KG - 5

  • 6

    Albert M. Greenfield School

    Public | KG - 8

  • 6

    Independence Charter School

    Public | KG - 8

  • 5

    Russell Byers Charter School

    Public | PK - 6

  • 5

    Philadelphia Performing Arts Charter School

    Public | KG - 8

  • 5

    Abram Stockton Jenks School

    Public | KG - 4

  • 5

    Alliance for Progress Charter School

    Public | KG - 8

  • 5

    Eliza Butler Kirkbride School

    Public | KG - 8

  • 5

    Young Scholars Charter School

    Public | 5 - 8

  • 5

    Leap Academy University Charter School

    Public | KG - 12

  • 5

    Conwell Russell Middle School

    Public | 5 - 8

  • 4

    Robert Morris School

    Public | KG - 8

  • 4

    Chester A. Arthur School

    Public | KG - 8

Middle Schools 8
  • 4

    Mastery Charter High School

    Public | 7 - 12

  • 2

    The Sd of Philadelphia Virtual Academy

    Public | 6 - 12

  • 2

    The Promise Academy at Roberto Clemente Middle School

    Public | 6 - 8

  • 1

    World Communications Charter School

    Public | 6 - 12

  • 1

    Penn Treaty

    Public | 6 - 12

  • 0

    Student Education Center & Delaware Valley High School

    Private | 8 - 12

  • 0

    Wakisha Charter School

    Public | 6 - 8

  • 0

    Pyne Point Middle School

    Public | 7 - 8

High Schools 20
  • 8

    Science Leadership Academy

    Public | 9 - 12

  • 8

    Academy at Palumbo

    Public | 9 - 12

  • 7

    Carver High School

    Public | 9 - 12

  • 7

    Bodine William W High School

    Public | 9 - 12

  • 5

    Preparatory Charter School of Mathematics Science

    Public | 9 - 12

  • 5

    Creative and Performing Arts

    Public | 9 - 12

  • 5

    Philadelphia Electrical & Tech Chs

    Public | 9 - 12

  • 5

    Parkway-Center City

    Public | 9 - 12

  • 5

    Philadelphia Military Academy at Elverson

    Public | 9 - 12

  • 4

    Franklin Lc

    Public | 9 - 12

  • 4

    Constitution High School

    Public | 9 - 12

  • 1

    Universal Audenried Charter High School

    Public | 9 - 12

  • 1

    Strawberry Mansion High School

    Public | 9 - 12

  • 1

    South Philadelphia High School

    Public | 9 - 12

  • 1

    Dobbins Avt High School

    Public | 9 - 12

  • 1

    Benjamin Franklin High School

    Public | 9 - 12

  • 1

    Charter High School for Architecture and

    Public | 9 - 12

  • 1

    Furness High School

    Public | 9 - 12

  • 1

    Kensington Creative & Performing Arts High School

    Public | 9 - 12

  • 1

    Kensington Health Sciences Academy

    Public | 9 - 12

School and business data provided by Attom Data.

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King George Realty

King George Realty

+1(540) 847-7733

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