Renovated Mixed-Use
New
For Sale
$520,000
2500 16 STREET, Philadelphia, PA 19132
Commercial space, two upstairs apartments, and basement storage combine within a fully occupied, substantially renovated building.
Property Size10,368 SF
Days on Market4
Property Features for 2500 16 STREET
General Information
Standard status
Active
Size
10,368 SF
Property subtype
Triplex
Occupancy
100%
Financials
Gross Income
$49,332
Business Included
Yes
Additional Details
Floor
First Floor
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,433
Building Details
Building Size
10,368 SF
Year Built
1915
Buildings
1
Listing Agency:
Legal Real Estate LLC
Listed By:
Katherine Mejia · License #Rss337013
(267) 269-9086
Source:
Patmckennarealtors
Added: Sep 2
Changed: Sep 4
Last Checked: Sep 4 at 3:21PM
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 mixed-use property combines a first-floor commercial space with an operating business, basement storage, and two apartments above. The building was taken down to the studs and comprehensively renovated. Each upper-level residence is described as a two-bedroom, two-bath apartment, providing a residential component alongside the commercial space.
The commercially zoned property is across from a school, near Temple University, and two blocks from the Broad Street Line. Center City is approximately a 15-minute drive away. The building dates to 1915, and tenants pay all utilities. The entire property is occupied, offering an established mix of commercial and residential uses.
The commercially zoned property is across from a school, near Temple University, and two blocks from the Broad Street Line. Center City is approximately a 15-minute drive away. The building dates to 1915, and tenants pay all utilities. The entire property is occupied, offering an established mix of commercial and residential uses.
Key Highlights
- Commercially zoned mixed‑use building with first‑floor business space
- Two upstairs apartments, each described as 2 bedrooms and 2 baths
- Building renovated after being taken down to the studs
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,004
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space, two upstairs apartments, and basement storage combine within a fully occupied, substantially renovated building.
Where is this mixed-use property located?
The property is located at 2500 16 STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Commercially zoned mixed‑use building with first‑floor business space; Two upstairs apartments, each described as 2 bedrooms and 2 baths; Building renovated after being taken down to the studs
