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Listed price in listed location currency (USD).
$549,900

000

MLS® PAPH2557172

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2441 sqft
Garage No
HOA Fees 
Taxes $4,913
Days Active 30
Approx. Age 1920
Avg. Price Per Sqft $225
MLS® Number PAPH2557172

Property Address: 549 N 12th St, PHILADELPHIA, PA, 19123-3332

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

Description

Discover an incredible opportunity in the heart of Spring Garden with this mixed-use property—perfect for investors or owner-occupants looking to make their mark. The property features a commercial space, most recently used as a restaurant, on the main level and a large one-bedroom apartment above, which will soon be available for rent. The commercial space offers a versatile footprint with existing electrical infrastructure and restaurant framework in place—ready for a full build-out or renovation to suit your needs. Currently, the commercial space is occupied by a tenant on a month-to-month lease, paying $4, 000 per month and covering approximately 80% of the property’s expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end user’s immediate use. An optional liquor license is also available for purchase, offered separately at $150, 000—providing an excellent value for anyone looking to operate a restaurant, bar, or café. The seller is open to selling the property as-is or completing a custom build-out for the right buyer, subject to the extent of the project/terms. Whether you’re seeking an income-generating investment or an inviting opportunity to bring your business vision to life, this property offers flexibility, prime positioning, and long-term potential.
MLS® NumberPAPH2557172
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 7, 2025List Date
$549,900List Price
Jul 31, 2025End Date
$362,500Sold Price

Sold

May 9, 2025List Date
$370,000List Price
  • Commute

Commute

Starting Address
Destination Address
549 N 12 Th St, PHILADELPHIA, PA

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