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Mixed-Use Income Property with Daycare

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
Listed by Nigel T Richards · License #RS291337
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.

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

Suggested Use

Real Estate Agency Law Firm Electrical Service Gym & Fitness Center Acupuncture HVAC Service Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

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
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