Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
4,500
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Gas, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.02
-
Lot Size(square feet)
1,053
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,250,000
-
Tax Amount
$5,320
-
Financing Options
Contract, Conventional, Cash, Other
-
Sq. Footage
4,500
-
Price/SqFt
$277
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Tax Lot
83
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
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 Amyia Saihra Mccarthy, Opulent Realty Group LLC
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.
Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
* 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.