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Renovated Mixed-Use Building in Philadelphia
For Sale
$2,450,000
Pending

1108 PINE STREET, Philadelphia, PA 19107

Extensively renovated mixed-use property in Washington Square West.

Property Size4,200 SF
Lot Size0.05 Acres
Days on Market806

Property Features for 1108 PINE STREET

General Information

Standard status Pending
Size 4,200 SF
Lot size 0.05 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1968
Listing Agency: United Real Estate
Listed By: Michael Kelczewski
Source: Exitrealty
Added: May 17, 2024 Changed: Jul 10 Last Checked: Jul 23 at 7:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate

Investment Insights

Based on property information with market context.

Located in the heart of Washington Square West, this extensively renovated mixed-use property overlooks Kahn Park. The building features over 2,500 sq ft of ground-level commercial space, currently built out as an art gallery. The flexible CMX1 zoning allows for adaptation to retail, studio, or professional office use. Upstairs, there are four fully renovated one-bedroom, one-bathroom apartments, each separately metered and featuring newer HVAC systems installed in 2022, modern finishes, and updated layouts. The total building size exceeds 4,200 sq ft. A tax abatement is in place. Additional amenities include a rear parking space, bamboo and tile flooring, and modern fire and security systems. The property is located near Seger Park, Whole Foods, Tria, Mixto, Bleu Sushi, and SEPTA transit. The building is ideal for long-term investors or owner-operators. The property is located in a high-foot-traffic corridor. The systems were updated in 2022.

Key Highlights

  • Prime location in Washington Square West overlooking Kahn Park.
  • Fully renovated mixed‑use building with 2022 systems and modern finishes.
  • Projected gross income of $150,000+ with full lease‑up and commercial occupancy.

Property Analytics

Current Use

Pine Street Creative ... Theater & Performing Art Venue Kelly Wallace Art Gallery

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Adult Day Care Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23,668
Businesses Nearby
180k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Groceries 32% Hotels & Casinos 21% Shops & Services 11%
Whole Foods Market Groceries
37,607 visits/mo 0.2 miles
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.5 miles
ACME Markets Groceries
20,427 visits/mo 0.2 miles
Ocean Prime Dining
15,550 visits/mo 0.5 miles
Le Pain Quotidien Dining
15,049 visits/mo 0.3 miles

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA

Jan
$204 Feb
$187 Mar
$203 Apr
$211 May
$211 Jun

Properties on Market for Mixed-use properties in Philadelphia

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Extensively renovated mixed-use property in Washington Square West.
Where is this mixed-use property located?
The property is located at 1108 PINE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Prime location in Washington Square West overlooking Kahn Park.; Fully renovated mixed‑use building with 2022 systems and modern finishes.; Projected gross income of $150,000+ with full lease‑up and commercial occupancy.
More about this property
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