1640 RIDGE Avenue, Philadelphia, PA 19130

Listing agent Eugene Zlotnikov License #RS319486 Show Phone

Listing office Acquisition Team LLC r***@gmail.com 1516 5th Street unit: 203, Bensalem, PA Show Phone

Listing date Jun 10, 2026

Report an issue

MLS# PAPH2630726 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

---

Overview

The offering is a fully approved and entitled mixed-use development opportunity designed for 12 apartments and one bi-level ground-floor retail space. The project is described as shovel-ready, with plans and permits available upon request, supporting immediate execution for a qualified buyer or developer. The site is sized at approximately 0.0469 acres.

Located along the Ridge Avenue corridor in Philadelphia, the property is presented as having convenient access to Center City, the Philadelphia Museum of Art, University City, and multiple nearby neighborhoods. The location is marketed toward professionals, healthcare workers, graduate students, and long-term market-rate tenants seeking an urban lifestyle with neighborhood character.

For developers and investors looking for an entitled path to value, this asset provides a clear residential-plus-retail program with documentation available for review. The approved mixed-use layout can support planning for both street-level retail activation and additional apartment supply within the same development footprint, subject to the approved plans and permitting details.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Grocery & Convenience Store

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

Location Insight

• Map
• Local Demand

City

Philadelphia

County

Delaware

State

Pennsylvania

Longitude

-75.164566

Latitude

39.969944

Nearby Similar for Sale

• 

  $1,400,000

  5,000 SF

  Freestanding Single-Story Retail Building

  Single-story building on a triangular parcel with drive-in access and frontage on two avenues.

  2040 NAPFLE AVENUE, PHILADELPHIA, PA 19152

  View Details
• 

  $850,000

  4,560 SF

  Freestanding Office Building on Corner

  Freestanding office with multi-office layout, full basement, and parking for 20+ vehicles on a hard corner.

  500-02 W CHELTENHAM Avenue, PHILADELPHIA, PA 19126

  View Details
• 

  $2,990,000

  6,495 SF

  Restaurant Opportunity in Philadelphia, PA

  Restaurant with 170 parking spaces on 1.77 acres.

  80 FRANKLIN MILLS Boulevard, PHILADELPHIA, PA 19154

  View Details
• 

  $1,399,000

  4,575 SF

  Medical Office Building with Parking

  Fully built-out medical office with reception, exam rooms, private offices, and on-site parking for clinician or professional use.

  9821 ACADEMY Road, PHILADELPHIA, PA 19114

  View Details
• 

  $999,000

  7,800 SF

  Iconic East Falls Cornerstone Building

  Multigenerational landmark in flourishing Philadelphia community, dual-zoned.

  3711 MIDVALE AVENUE, PHILADELPHIA, PA 19129

  View Details
• 

  $850,000

  3,629 SF

  Industrial Garage-Style Property Package

  Three CMX-2 zoned properties on Frankford Avenue offer flexible options for owner-users and investors.

  2605 FRANKFORD AVENUE, PHILADELPHIA, PA 19125

  View Details
• 

  $549,944

  700 SF

  Mixed-Use Brownstone with Storefront

  Three-story live-work setup with a renovated first-floor storefront and remodeled apartment above.

  212 FAIRMOUNT Avenue, PHILADELPHIA, PA 19123

  View Details
• 

  $1,450,000

  5,200 SF

  Prime Philadelphia Retail Opportunity

  5,200 SF retail space with restaurant potential on Walnut Street.

  1111-13 WALNUT Street, PHILADELPHIA, PA 19107

  View Details
• 

  $645,000

  4,278 SF

  Mixed-Use Building with Two-Level Layout

  Versatile mixed-use property with street-level presence, a 5-car parking lot, and an interior setup for offices and service space.

  5519 GERMANTOWN Avenue, PHILADELPHIA, PA 19144

  View Details
• 

  $2,750,000

  Turnkey Three-Story Building with Elevator

  Renovated three-story property with fully finished basement, elevator service, and sprinkler coverage across all levels.

  718 CHESTNUT Street, PHILADELPHIA, PA 19106

  View Details
• 

  $675,000

  2,694 SF

  Turnkey Triplex with Tax Abatement

  Newly built, fully equipped triplex offering three separate units with efficient appliances and a tax abatement advantage.

  1219 W BUTLER Street, PHILADELPHIA, PA 19140

  View Details
• 

  $545,000

  2,600 SF

  Newly Constructed Duplex Investment

  Bi-level two-bedroom units with private outdoor space and existing tenants offer an immediate, revenue-focused ownership opportunity.

  1626 W STILES Street, PHILADELPHIA, PA 19121

  View Details

FAQs

What type of property is this?

Mixed-use property - Fully approved mixed-use plan for 12 apartments with a bi-level ground-floor retail space.

Where is this mixed-use property located?

The property is located at 1640 RIDGE Avenue Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: Fully approved and entitled mixed‑use development: 12 apartments plus 1 bi‑level ground floor retail space; Shovel‑ready project with pro forma, plans, and permits available upon request; Located in Philadelphia’s Fairmount neighborhood along the Ridge Avenue corridor