Corner Retail and Two-Unit
For Sale
Contact for pricing
Pending
201 W Spencer Street, Philadelphia, PA 19120
Corner commercial building with first-floor retail space, a rear yard, and a currently rented second-floor apartment.
Property Size900 SF
Days on Market149
Property Features for 201 W Spencer Street
General Information
Standard status
Pending
Size
900 SF
Property subtype
Special Purpose
Additional Details
Business Included
Yes
Fenced Yard
Yes
Listing Agency:
Coldwell Banker Hearthside Realtors
Listed By:
Edward Graham · License #PA
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Sep 7 at 12:59AM
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 Coldwell Banker Hearthside Realtors
Investment Insights
Based on property information with market context.
This well-constructed, well-maintained corner building includes approximately 900 square feet of business space on the first floor, with access to a rear fenced yard and an entrance to a large second-floor apartment. The property also features substantial storage and work space in the basement, along with a powder room, a cedar closet, and bilco doors leading out to the front. The first floor has baseboard heat and AC, and the owner pays electric for the first floor.
The second-floor apartment is presently rented to a long-term tenant, with utilities paid by the tenant for electric and gas for heat, hot water, and cooking. Per the seller, the building and business at 201 W Spencer Street are being sold together, and all showings require an appointment. Initial appointments will be limited to the first floor and basement only, with second-floor access available for interested parties through re-showings.
The configuration supports combined storefront operations with residential rental income, backed by dedicated basement storage and direct exterior access through the bilco doors.
The second-floor apartment is presently rented to a long-term tenant, with utilities paid by the tenant for electric and gas for heat, hot water, and cooking. Per the seller, the building and business at 201 W Spencer Street are being sold together, and all showings require an appointment. Initial appointments will be limited to the first floor and basement only, with second-floor access available for interested parties through re-showings.
The configuration supports combined storefront operations with residential rental income, backed by dedicated basement storage and direct exterior access through the bilco doors.
Key Highlights
- Corner commercial building on Spencer St with first‑floor business space and a currently rented second‑floor apartment
- Approximately 900 sq ft of business space on the first floor, with rear yard access and exterior entry to the second‑floor apartment
- Second‑floor apartment is leased to a long‑term tenant at $800/month; tenant pays electric and gas for heat, hot water, and cooking
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
175k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 80%
Shops & Services 10%
Dining 6%
Electronics 5%
H Mart
Groceries
76,500 visits/mo
0.4 miles
ShopRite
Groceries
55,236 visits/mo
0.5 miles
Family Dollar
Shops & Services
14,644 visits/mo
0.3 miles
Dunkin' Donuts
Dining
9,901 visits/mo
0.3 miles
Fine Wine & Good Spirits
Groceries
8,623 visits/mo
0.5 miles
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Retail space - Corner commercial building with first-floor retail space, a rear yard, and a currently rented second-floor apartment.
Where is this retail space located?
The property is located at 201 W Spencer Street Philadelphia, PA.
What are key features of this property?
This property features: Corner commercial building on Spencer St with first‑floor business space and a currently rented second‑floor apartment; Approximately 900 sq ft of business space on the first floor, with rear yard access and exterior entry to the second‑floor apartment; Second‑floor apartment is leased to a long‑term tenant at $800/month; tenant pays electric and gas for heat, hot water, and cooking
