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Multi-Floor Gift Shop Building
For Sale
$239,000

2246 RIDGE AVENUE, Philadelphia, PA 19121

Legally zoned CMX-2 building with a gift shop on the first floor and two floors above.

Property Size2,000 SF
Price / SF$119.50
Days on Market58

Property Features for 2246 RIDGE AVENUE

General Information

Standard status Active
Size 2,000 SF
Property subtype Mixed Use
Zoning CMX-2

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,672

Amenities

Central Air
3
Parking.
On Street.
Other.

Building Details

Year Built 1915
Listing Agency: Legal Real Estate LLC
Listed By: Katherine Mejia · License #RSS337013
Source: Xome
Added: Jul 13 Changed: Sep 3 Last Checked: Sep 7 at 5:42AM

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 Legal Real Estate LLC

Investment Insights

Based on property information with market context.

This storefront retail building includes a gift shop setup on the first floor, with two additional floors above, creating a multi-level configuration for an owner-operator or tenant seeking continuity in-place. The property is described as being in the community for over 30 years and is offered with an opportunity to purchase the merchandise as well as explore a brand partnership agreement for an additional cost.

The building is located on a main corridor that connects multiple parts of the city, and it is described as being close to Temple University and within blocks of the campus.

It is identified as a legally zoned CMX-2 property with over 3,000 square feet of space in total, providing multiple levels for day-to-day retail operations or related uses within the building.

Key Highlights

  • Legally zoned CMX‑2 commercial building with a gift shop on the first floor and two floors above
  • Over 3,000 sq ft of space on a main corridor connecting multiple parts of the city
  • Central air cooling and heating system (Heating: 3)

Property Analytics

Current Use

Tomorrow Gift (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Accounting Firm Building Supply Skin Care Clinic

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,675
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Groceries 41% Electronics 5% Dining 5%
Dollar Tree Shops & Services
9,126 visits/mo 0.5 miles
Grocery Outlet Bargain Market Groceries
8,579 visits/mo 0.2 miles
Santander Bank Shops & Services
1,174 visits/mo 0.2 miles
Metro by T-Mobile Electronics
1,069 visits/mo 0.1 miles
Krispy Krunchy Chicken Dining
1,013 visits/mo 0.1 miles

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Legally zoned CMX-2 building with a gift shop on the first floor and two floors above.
Where is this storefront property located?
The property is located at 2246 RIDGE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Legally zoned CMX‑2 commercial building with a gift shop on the first floor and two floors above; Over 3,000 sq ft of space on a main corridor connecting multiple parts of the city; Central air cooling and heating system (Heating: 3)
More about this property
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