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

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MLS# PAPH2630726 Listing URL

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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.

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

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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