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1542 W Diamond St, Philadelphia, PA, 19121
Mixed-Use Building with Dual Storefronts

1542 W Diamond St Philadelphia, PA 19121

For Sale
Contact for pricing

Dual storefronts with residential space above, including turnkey apartments and a framed upper level ready for completion.

Property Size4,300 SF
Lot Size0.04 Acres
Days on Market91

Property Features for 1542 W Diamond St

General Information

Standard status
Active
Size
4,300 SF
Lot size
0.04 Acres
Property subtype
Mixed Use, Multifamily
Listing Agency: Keller Williams Empower
Listed By: Rada Rann · License #RS367542
Source: Crexi
Added: Apr 24 Changed: Jul 22 Last Checked: Jul 23 at 8:32AM

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 Keller Williams Empower


Investment Insights

Based on property information with market context.

This mixed-use property includes two street-facing retail spaces on the ground floor and residential units on the upper floors, with separate meters serving the residential levels. The primary storefront has existing frontage on Diamond Street and an operational commercial kitchen and hood currently run by the seller. A secondary retail unit is vacant and positioned for renovation, offering flexibility for neighborhood commercial use. The second floor is a fully renovated, turnkey three-bedroom, two-bath apartment. The third floor is framed and ready for completion and currently configured as four bedrooms and three baths, allowing a new owner to customize finishes.

Zoned with CMX-1 characteristics supporting neighborhood commercial plus residential use, the property benefits from a reported CMX-1 “as of right” use list referenced in the offering remarks. The seller reports public utilities and 2025 taxes of $5,792. The site is reported as approximately 18 by 100 feet, with showings by appointment only and the property sold as-is.

Key Highlights

  • 4,300+ SF mixed‑use building with two storefronts and two residential floors with separate meters
  • Ground floor includes ~1,000 SF across two retail spaces; primary unit has an operational commercial kitchen and hood (seller‑run)
  • Secondary retail unit (~600 SF) is vacant and ready for renovation for food service, café, or neighborhood retail use

Property Analytics

Location Intelligence

Current Use by Public Records

Deli Grocery Grocery & Convenience Store T&Y Deli Food Market

Suggested Use

Law Firm Real Estate Agency Dental Office Accounting Firm Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Building Supply (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Dual storefronts with residential space above, including turnkey apartments and a framed upper level ready for completion.
Where is this mixed-use property located?
The property is located at 1542 W Diamond St Philadelphia, PA.
What are key features of this property?
This property features: 4,300+ SF mixed‑use building with two storefronts and two residential floors with separate meters; Ground floor includes ~1,000 SF across two retail spaces; primary unit has an operational commercial kitchen and hood (seller‑run); Secondary retail unit (~600 SF) is vacant and ready for renovation for food service, café, or neighborhood retail use
More about this property
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