CHARIS REALTY GROUP

1359-61 N 2ND STREET

PHILADELPHIA , PA 19122

MLS#: PAPH2330398

$1,550,000

Status: Active
Listing number: PAPH2330398
Listing provided by: MSC Retail, Inc.
Listing agent phone: None
Last update: 4 months ago
On site: 2 years ago
Browse Properties
OLDE KENSINGTON - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

Price includes Pennsylvania R liquor license, a $185,000 value. Don't miss this opportunity to own and operate a turn-key bar/restaurant with a dedicated outdoor patio in Olde Kensington/Fishtown neighborhood. Fully-equipped kitchen, multiple bars, large dining room and attic for storage. Double-wide property is booming area with 10,000 new residential units.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $1,550,000

  • Tax Amount

    $7,186

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    185

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Jacob K. Cooper , MSC Retail, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Nideen Morrison

AGENT

Nideen Morrison

Call Nideen today to schedule a private showing.

(301) 514-5987

nideen@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Price includes Pennsylvania R liquor license, a $185,000 value. Don't miss this opportunity to own and operate a turn-key bar/restaurant with a dedicated outdoor patio in Olde Kensington/Fishtown neighborhood. Fully-equipped kitchen, multiple bars, large dining room and attic for storage. Double-wide property is booming area with 10,000 new residential units.

1359-61 N 2ND STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Rare 6,400 Sq. Ft. Development Opportunity in Booming Grays Ferry. 2728-34 Federal Street, Philadelphia, PA 19146. Located in the rapidly growing Grays Ferry neighborhood, this expansive 64’ x 100’ lot (6,400 sq. ft.) presents an incredible opportunity for investors and developers. The property consists of two large garages and an adjacent vacant lot, all zoned I-2, offering a variety of potential uses. Grays Ferry has seen major investment and redevelopment, with Children’s Hospital of Philadelphia (CHOP) acquiring nearby properties and significant residential and commercial growth along the Washington Avenue corridor. The area is just minutes from Center City, University City, and Graduate Hospital, making it an ideal location for multi-unit residential development or creative mixed-use projects. Key Highlights: Prime location near major development zones. Zoned I-2 – flexible potential for industrial or residential conversion. Easy access to I-76, Schuylkill River Trail, and public transportation. Close to Fresh Grocer supermarket and neighborhood amenities. Strong demand for new housing in the area With unmatched potential in a high-growth neighborhood, this is a rare chance to secure a large piece of land in one of Philadelphia’s most rapidly transforming districts. Don’t miss out—schedule a tour today!
#PAPH2578220

PHILADELPHIA

2728 FEDERAL STREET 34

None Beds

None Baths

6,400 Sq.Ft.

$1,250,000

MLS#: PAPH2578220

The Blue Building with the distinctive fish scale siding, 1842 E. Harold Street is a six-unit East Kensington multifamily property completed in 2022 and fully occupied at market rents. Offered at $1,585,000 with tax abatement through 2033, the building provides documented income from day one and aligns well with 1031 exchange buyers seeking stable, predictable cash flow. The property is 100% occupied at market rents, generating $9,450 per month in gross income with a proven operating history since completion. This is not a lease-up opportunity. There is no vacancy story to underwrite and no pro forma guesswork- the building is stabilized, documented, and producing from day one. The unit mix includes three bi-level 2-bedroom, 2-bath units each with private roof decks; one 2-bedroom, 2-bath unit with private yard; one 1-bedroom, 1-bath unit with private yard and balcony; and one 1-bedroom, 1-bath unit with balcony. All six units feature private exterior space, in-unit washer/dryer, and central air — amenities that support strong tenant retention and long-term rent growth. Located steps from the Huntingdon Station of the Market-Frankford Line and near the growing Kensington Avenue corridor between Lehigh Avenue and Front Street, the property benefits from transit accessibility and continued commercial momentum. All zoning, licenses, leases, and operating expenses are fully documented. Profit and Loss statements and supporting financials are available for serious inquiries. In addition to its current performance, the layout and outdoor amenities present potential long-term condominium sell-off optionality, though no condo declaration has been filed. The fundamentals are already in place — stabilized, occupied, and built to keep doing exactly what it’s done since 2023: generate income.
#PAPH2583334

PHILADELPHIA

1842 E HAROLD STREET

None Beds

None Baths

6,232 Sq.Ft.

$1,585,000

MLS#: PAPH2583334

Introducing" "The Library Tower" assemblage on Irving Street in downtown Philadelphia, Pennsylvania. With a highly coveted CMX4 zoning designation, this premier assemblage of historic properties presents an ideal canvas for historic redevelopment aficionados. Capable of rising 20-storeys high into the sky with up to 128 apartment units, The Library Tower can be treated as several proposed concepts if high-rise development is not preferred. Please request alternative concepts "B" & "C" from listing agent if desired. 1311-13 Irving can accommodate up to 12 apartment units on its own with ±11,160 SF buildable. The historic facades must be preserved due to the Washington Square West Historic District overlay but it creates a distinguishing factor for a totally unique, architecturally-inspired redevelopment. The redevelopment qualifies for a FULL 10 yr tax abatement based on renovations of the existing structures; pay taxes on the present assessed value rather than the value of the improved structure(s). Qualify for lucrative state and federal historic tax credits to offset construction costs (see below for more info). Surrounded by the city's best amenities, transportation hubs, restaurants, cafes, shops, employers, healthcare centers, bars and nightlife, The Library Tower assemblage is a bulletproof real estate investment opportunity in a Top-10 USA MSA. Centrally located in the urban core in the vibrant Midtown Village neighborhood and tucked away on a quiet, residential street with "street to street" access (Irving to Latimer), the site allows for an easy construction process in terms of access/egress for trades and potential cranes on site in the heart of the city — an extreme rarity. Severe high-barriers-to-entry exist in Center City Philadelphia, as the availability of dense urban infill sites wanes due to high rental demand in one of the most historic, yet contemporary and cosmopolitan cities in the nation due to its culture, connectivity, commerce, cuisine, quality of life and top-tier universities, employers, historic sites and professional sports teams.
#PAPH2535194

PHILADELPHIA

1311 IRVING STREET 13

None Beds

None Baths

4,536 Sq.Ft.

$1,599,999

MLS#: PAPH2535194

AI & Robotics-Ready Facility with Legacy Power Infrastructure — Former Philadelphia Electric Utility Building A rare opportunity for technology firms requiring structural strength, high electrical capacity, and industrial-grade power support. Originally built as a Philadelphia electric utility building, this 16,000 sq ft commercial facility offers structural and electrical capabilities far beyond standard warehouse space. The building houses original electric motors and condensers in the basement, evidence of historic high-output electrical operations. This infrastructure provides a strong foundation for AI hardware development, robotics testing, edge computing, automated systems, and any high-load R&D application. Key Technical Advantages: • Legacy power-support equipment: electric motors & condensers • Reinforced concrete flooring • 23 ft clear ceilings • Utility-grade electrical conduit • Robust structural load capacity • Flat roof (ideal for solar or HVAC upgrades) • Commercial zoning suitable for AI, robotics, R&D, and industrial tech Gated parking for 10+ cars This building is ideal for innovative companies needing a power-ready, structurally sound, industrial-tech environment. Please take a look at the As-Is drawings and architectural schematic of what the space can be located in the documents tab above.
#PAPH2387654

PHILADELPHIA

1835 W OXFORD STREET 45

None Beds

None Baths

16,000 Sq.Ft.

$1,395,000

MLS#: PAPH2387654

Five commercial spaces and 2 event spaces. New hvac, heater, electric, plumbing and sheetrock. All units are leased. There are also 4 Billboards that can be rented, 2 are currently leased for a year.
#PAPH2516134

PHILADELPHIA

1101 W ALLEGHENY AVENUE 11

None Beds

None Baths

11,030 Sq.Ft.

$1,700,000

MLS#: PAPH2516134

Located in the heart of Old City Philly and Penn's Landing. Presently used as a Pizza restaurant on the ground floor, the building has a second floor and a basement. Great location, next to Rotten Ralph's Pub, many restaurants, banks and shops.
#PAPH2140370

PHILADELPHIA

60 S 2ND STREET

None Beds

None Baths

1,422 Sq.Ft.

$1,300,000

MLS#: PAPH2140370

Rare investor or owner-occupant opportunity in the heart of Norther Liberties. 1st FL restaurant was built in 2021 and can be delivered vacant upon settlement. 2nd floor apartment (3 bed , 2 bath) was renovated 2020-2021 has been leased by the same tenant for 3 years.
#PAPH2561360

PHILADELPHIA

809 N 2ND STREET

None Beds

None Baths

4,350 Sq.Ft.

$1,800,000

MLS#: PAPH2561360

None
#PAPH2569860

PHILADELPHIA

1111 WALNUT STREET

None Beds

None Baths

5,200 Sq.Ft.

$1,575,000

MLS#: PAPH2569860

This is a rare opportunity to acquire a fully operational funeral home business offering a legacy of 82 years of compassionate service and a true turnkey operation. There is also a spacious 3-bedroom apartment on the second and third floor ideal for the owner of the business to occupy or for additional income as a rental. The sale includes 3 parcels, one is the main business and apartment, the second is the parking lot and garage/office, and the third is a vacant and buildable lot to the rear of the parking area. The main funeral home is a well-maintained, ADA-accessible facility featuring a spacious chapel with an adjoining sitting room for overflow and three restrooms for guests. The professional prep room is fully equipped with two 2-ton lifts—one built-in and one mobile—alongside a private office with a shower and storage. Comfort is maintained throughout the main level by efficient split-system heat pumps (cooling and heating). The property includes a secondary building that houses a three-bay garage and a professional office suite, which features a dedicated showroom for casket samples and private space for client consultations. High-end business infrastructure is a hallmark of this listing, highlighted by a state-of-the-art walk-in mortuary refrigeration system with a 9-remain capacity and a comprehensive 14-camera interior and exterior surveillance system that connects directly to a smartphone. The residential component of the property offers a private retreat or an excellent rental opportunity with a separate entrance leading to the second and third floors. This 3-bedroom, 1-bath apartment is cooled by high-velocity central air and features a layout that includes a living room, kitchen with a laundry area, and two bedrooms on the second floor. The third floor is exceptionally versatile, currently configured as a third bedroom and additional living space with a large walk-in closet, though it is large enough to be utilized as two separate bedrooms. For additional utility, the property includes a full-size basement for storage and a full attic that houses the mechanical systems. Exterior features are equally impressive, consisting of a 25-car private parking lot, ample street parking, and an additional empty lot behind the garage included in the sale. As a business, this family-run operation is deeply integrated into the community, currently handling 45–65 death calls per year and the sale can include 35 prearrangements already in place (with a referral paid to the current owner). The sale offers a seamless transition for a licensed director or an investor, as the current owner is willing to assist in transferring the "center of influence" and maintaining the established reputation for professionalism. With a strong client base, steady income, and the inclusion of all three parcels, this property represents a unique chance to continue a nearly century-old legacy of trusted service while benefiting from modern upgrades and significant real estate value.
#PAPH2583966

PHILADELPHIA

4117 DECATUR (MULTIPLE LOTS) STREET

None Beds

None Baths

4,655 Sq.Ft.

$1,650,000

MLS#: PAPH2583966

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service