Mixed-Use Income Property with
1234 Rising Sun Ave Philadelphia, PA 19140
1234 Rising Sun Ave, Philadelphia, PA, 19140
$895,000
For Sale
$895,000
Built in 1942, this mixed-use building combines a ground-floor daycare and multiple residential units with all space occupied.
Property Size8,656 SF
Price / SF$103.40
Days on Market41
Property Features for 1234 Rising Sun Ave
General Information
- Standard status
- Active
- Size
- 8,656 SF
Listing agency
Compass Pennsylvania, LLC
(267) 603-3611
Listed by
Nigel T Richards · License #RS291337
(267) 603-3611
Source
Exprealty
Added: Jun 12 Updated: Jul 22 at 5:13AM Checked: Jul 22 at 5:13AM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
This mixed-use income property was built in 1942 and totals 8,656 square feet. The building’s configuration includes a ground-floor commercial space operated as a daycare center along with multiple residential units. Separate entrances support the residential units, and the property reports efficient floor layouts with all units occupied.
Located at a high-visibility corner at Broad Street and Old York Road, the asset is described as being steps from the expanding Temple University Hospital campus. Public remarks also note access to a primary commercial corridor along Rising Sun Avenue.
According to the listing, the property generates more than $10,000 per month in gross income across the ground-floor commercial tenant and residential units, producing annual income exceeding $120,000. The building is described as zoned CMX-2, with a stated 8% cap rate at the asking price. The listing further references a Qualified Opportunity Zone designation through December 2028.
Located at a high-visibility corner at Broad Street and Old York Road, the asset is described as being steps from the expanding Temple University Hospital campus. Public remarks also note access to a primary commercial corridor along Rising Sun Avenue.
According to the listing, the property generates more than $10,000 per month in gross income across the ground-floor commercial tenant and residential units, producing annual income exceeding $120,000. The building is described as zoned CMX-2, with a stated 8% cap rate at the asking price. The listing further references a Qualified Opportunity Zone designation through December 2028.
Key Highlights
- Built in 1942, 8,656 SF mixed‑use building at Broad St and Old York Rd in North Philadelphia
- Zoned CMX‑2 with separate entrances for residential units and multiple residential units
- All space occupied; ground‑floor tenant is a daycare center, plus residential units
Property Analytics
Location Intelligence
Current Use by Public Records
Children World Early ...
High School
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Built in 1942, this mixed-use building combines a ground-floor daycare and multiple residential units with all space occupied.
Where is this mixed-use property located?
The property is located at 1234 Rising Sun Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Built in 1942, 8,656 SF mixed‑use building at Broad St and Old York Rd in North Philadelphia; Zoned CMX‑2 with separate entrances for residential units and multiple residential units; All space occupied; ground‑floor tenant is a daycare center, plus residential units