1557-1559 N 29 Th St | Image 1
New
1557-1559 N 29 Th St | Image 2
1557-1559 N 29 Th St | Image 3

$1,250,000

For Sale

4 hours ago

MLS® PAPH2667890

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $5,320
Days Active 0
Approx. Age 1925
MLS® Number PAPH2667890

Property Address: 1559-1557-1559 N 29th St, PHILADELPHIA, PA, 19121-3620

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

Description

1557-1559 N 29th Street is a three-story corner mixed-use offering in Philadelphia's Brewerytown/Sharswood corridor, assembled and priced as one investment: six income units total — five residential rentals across the second and third floors, positioned over a ground-floor commercial unit that carries a liquor license. The work has already started. 1557 has been totally remodeled — kitchen, baths, flooring, paint, and mechanicals — and carries a rental value of approximately $2, 750 per month. That means the asset begins producing at closing instead of waiting on a full-building renovation, and it sets a finish standard the remaining units can be built to. The ground-floor corner unit is the piece that cannot be recreated. It holds a liquor license and enjoys two full street frontages, giving an operator signage, daylight, and walk-in visibility on both sides of the corner. Philadelphia County liquor licenses are quota-restricted, so acquiring the building acquires the entitlement along with it — a bar, restaurant, bottle shop, or café concept can be programmed here without hunting the license market. Above the storefront, the second and third floors support a five-unit residential configuration in a mix of two-bedroom and one-bedroom layouts. With 1557 complete and stabilized, an investor can phase the remaining units on their own schedule, matching capital to lease-up rather than committing to everything at once. Separate rear access keeps the residential circulation independent from the commercial entrance. Artistic architectural renderings of the corner reimagined with a modern facade — full-height glazing, warm wood and charcoal cladding, restored brick above, and a steel entry canopy — are included with the marketing package to illustrate the repositioning upside. Offered at $1, 250, 000. Please note that 1557 N 29th Street is also listed separately on the MLS — it can be pursued individually or acquired together with 1559 as this assemblage. Contact the listing agent to confirm which structure applies to your offer. Investors, owner-operators, and hospitality groups: this is a rare combination of completed work, remaining upside, and a conveying liquor license on a hard corner. Contact the listing agent for the rent roll, pro-forma, and private showing instructions. Unit count, zoning, and license transfer to be verified by buyer; license transfer subject to PLCB approval.
MLS® NumberPAPH2667890
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories
Pets

Included in Maintenance Fee

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

Utilities

HeatCentral, Forced Air, Natural Gas
A/CCentral A/C, Electric, Natural Gas

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 6, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1557-1559 N 29 Th St, PHILADELPHIA, PA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties