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Approved Mixed-Use Development Site
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2221 N Front Street, Philadelphia, PA 19133

Permitted plans call for residential units above ground-floor commercial space.

Property Size54,170 SF
Lot Size0.24 Acres
Price / SF$24.92
Days on Market50

Property Features for 2221 N Front Street

General Information

Standard status Active
Size 54,170 SF
Lot size 0.24 Acres
Property subtype Retail, Multifamily

Site & Location

Neighborhood Whitman

Units

Unit Mix 54 x 1BR, 6 x studio
Multifamily Units 60

Additional Details

Asking Price $1,350,000

Building Details

Stories 7
Listing Agency: Trophy Commercial Real Estate
Listed By: Saam Tashayyod · License #PA RM425803
Source: Crexi
Added: Sep 15 Changed: Oct 26 Last Checked: Nov 1 at 5:37AM

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 Trophy Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

The approved development program envisions a seven-story mixed-use building with a basement on a 10,646.1-square-foot site at 2221 N Front Street in Philadelphia. Plans provide 54,169.5 square feet of gross floor area, including 60 residential units and ground-floor commercial space. The residential layout includes 54 one-bedroom apartments and 6 studios across Floors 2 through 7, with 6 units designated to include an affordable housing component.

Twenty apartments are planned with private rear balconies, complemented by a shared rear outdoor area. The ground floor is configured for commercial space, a residential lobby, and building support functions, while the basement is planned for utilities and amenity space. A commercial building permit authorizes the seven-story structure, basement, dwelling units, and shell commercial component.

Key Highlights

  • Approved plans for a seven‑story mixed‑use building with basement
  • 60 residential units: 54 one‑bedroom apartments and 6 studios
  • 54,169.5 square feet of approved gross floor area

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Acupuncture Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60
Residential units

Location Intelligence

Trade Area within ½ mile

1,778
Businesses Nearby

Demographics for 19133, PA

24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Permitted plans call for residential units above ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 2221 N Front Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approved plans for a seven‑story mixed‑use building with basement; 60 residential units: 54 one‑bedroom apartments and 6 studios; 54,169.5 square feet of approved gross floor area
(215) 608-5745 · Office Call to check price and availability
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