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Listed by Benjamin Katz • Coldwell Banker Realty
$ 1,325,000
Est. payment | /mo
1,630 Sqft Lot
$ 1,325,000
Est. payment | /mo
1,630 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Fishtown
MLS Listing ID PAPH2678860
Year Built 2016
Available Date 2026-10-21
Annual Tax Amount $6,700
Tax Year 2026
Lot Size 1,630 Sqft
Acres 0.04
Lot Dimensions 29.4' x 65'
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Fishtown Investment Opportunity | 1204–1206 E Palmer Street
Don't miss this exceptional two-parcel versatile investment opportunity in the heart of Fishtown! This stabilized, income-producing asset features two commercial storefronts and five additional rental units, offering an attractive opportunity for investors and owner-occupants alike.
Operate your own business from one storefront while generating rental income from the remaining units, or maximize the property's income potential as a long-term investment.
Both buildings are in excellent condition, and the portfolio boasts an attractive 7.25% cap rate, making it an opportunity worth exploring in one of Philadelphia's sought-after neighborhoods.
Don't miss this exceptional two-parcel versatile investment opportunity in the heart of Fishtown! This stabilized, income-producing asset features two commercial storefronts and five additional rental units, offering an attractive opportunity for investors and owner-occupants alike.
Operate your own business from one storefront while generating rental income from the remaining units, or maximize the property's income potential as a long-term investment.
Both buildings are in excellent condition, and the portfolio boasts an attractive 7.25% cap rate, making it an opportunity worth exploring in one of Philadelphia's sought-after neighborhoods.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871095240
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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