Mixed-Use Income Property with
For Sale
$895,000
1234 RISING SUN AVENUE, Philadelphia, PA 19140
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 Market85
Property Features for 1234 RISING SUN AVENUE
General Information
Standard status
Active
Size
8,656 SF
Property subtype
Five Or More Units
Zoning
CMX-2
Occupancy
100%
Financials
Cap Rate
8%
Opportunity Zone
Yes
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,013
Building Details
Building Size
8,656 SF
Year Built
1942
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Nigel T Richards · License #RS291337
(267) 603-3611
Source:
Patmckennarealtors
Added: Jun 12
Changed: Aug 28
Last Checked: Sep 2 at 2:16AM
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 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
Property Profile
Current Use
Lease Details
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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 AVENUE 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
