3479 Bowman St Philadelphia, PA 19129

This three-story mixed-use investment property is situated on a corner lot in the East Falls neighborhood of Philadelphia, Pennsylvania. The 3,769 square foot building is located in a vibrant area near Thomas Jefferson University, surrounded by established landmarks, retailers, and restaurants, with a mix of students, families, and long-time residents. Zoned CMX-1, the property supports neighborhood-serving retail businesses and apartments. The ground floor features 1,575 square feet of storefront retail space, including a 575 square foot salon and a 1,000 square foot space previously used as a cafe. The cafe space retains its kitchen hood and systems, suitable for a new food and beverage tenant. The second and third floors each contain a three-bedroom, one-bath apartment with private balconies and central air. The apartments have been updated. Major capital expenditures, including mechanicals and utilities, have been recently upgraded. The property offers value-add potential through leasing the vacant retail space and increasing apartment rents to market rates, making it a long-term investment opportunity.