USAPAPhiladelphia141 League St
141 League St | Image 1
New
141 League St | Image 2
141 League St | Image 3

$1,650,000

For Sale

4 hours ago

141 League St, Philadelphia, PA

House

MLS® PAPH2656420

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes $17,259
Days Active 0
Lot Size 0.08 Acres
Approx. Age 1900
MLS® Number PAPH2656420

Property Address: 141 League St, Philadelphia, PA, 19147-4224

Average square foot calculated using Size range provided by listing agent.

Description

They don’t make buildings like 141 League Street anymore. Set on a quiet Queen Village side street one block off Front Street, this circa-1900 masonry landmark rises three stories behind a dramatic pedimented facade — oversized industrial windows, private roof deck, and a full passenger elevator, a combination nearly impossible to find in one of Philadelphia’s most desirable historic neighborhoods. The 10, 206 SF building is 100% leased to two long-standing tenants (creative publisher, floors 1–2; established salon, floor 3) producing $112, 403 in scheduled income — an approx. 6.8% in-place yield on a net-effective basis, rising by contract in 2027. The upside is defined: both leases expire 1/31/2028 with in-place rents around $13/SF vs. estimated market rents of $20–$24/SF, giving the next owner a clear path to materially higher income — re-lease at market, renew, or occupy 5, 800 SF (57%) as an owner-user with SBA financing and rental income offsetting carry. Median household income of $97, 514 within one mile, 395, 000+ residents within three, pedestrian rating 100, and I-95 a tenth of a mile away. A fully leased income property today, a mark- to-market event in 18 months, and a trophy Queen Village asset forever. Offered at $1, 650, 000.
MLS® NumberPAPH2656420
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayOn Street
Garage Spaces
HeatHeat Pump(s), Electric
A/CCentral A/C, Electric

Extras

Leases

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 5, 2026List Date
$1,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
141 League St, Philadelphia, PA

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