2223 FRANKFORD AVENUE, Philadelphia, PA 19125

This fully occupied, turnkey mixed-use building includes three units: a brewery tenant on the first floor under a multi-year NNN lease, and two residential apartments above. The second-floor apartment offers two bedrooms and one full bath, and the third-floor unit features one bedroom and one bathroom. The property has been well maintained with numerous updates across both commercial and residential spaces. Recent improvements include a newer roof, exterior paint, brick pointing, concrete front steps, and updated windows, along with interior updates such as carpeting and a new front entry door. A new brewery entrance and additional plumbing and electrical upgrades have been completed in the commercial space, complemented by cosmetic improvements and exposed brick. The basement has also been improved with plumbing and electrical work and a new Bilco door.

The building is located at 2223 Frankford Avenue in Philadelphia and is zoned CMX-2. It is part of the Fishtown Kensington Area Business Improvement District (FKABID). The property also notes low annual real estate taxes of $3,230, supporting an ongoing, cost-conscious operating profile for owners.

For investors seeking stabilized cash flow from existing tenants, the mix of an operating brewery under a multi-year NNN structure and two currently rented apartments provides immediate income. With unit-specific updates—such as kitchen, laundry, lighting, and finish improvements in the third-floor apartment and additional refreshes in the second-floor unit—the property is positioned for straightforward ongoing ownership. Current Gross Annual Income is stated at $56,856.