Shovel-Ready Mixed-Use Development
For Sale
$1,150,000
1640 RIDGE Avenue, Philadelphia, PA 19130
LAND - PHILADELPHIA, PA
Lot Size0.05 Acres
Days on Market54
Property Features for 1640 RIDGE Avenue
General Information
Property type
Land
Property subtype
Other
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
4107
Listing Agency:
Acquisition Team LLC
(856) 214-5397
Listed By:
Eugene Zlotnikov · License #RS319486
(856) 214-5397
Added: Jun 10
Changed: Jun 18
Last Checked: Aug 2 at 8:06PM
MLS# PAPH2630726
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
2,556
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
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 - 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
