Investments Sales Management

209-15 FAIRMOUNT AVENUE

PHILADELPHIA , PA 19123

MLS#: PAPH2452892

$3,100,000

Status: Active
Listing number: PAPH2452892
Listing provided by: Styer Real Estate
Listing agent phone: None
Last update: 23 days ago
Browse Properties
NORTHERN LIBERTIES - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1848

Sq.Footage

N/A

Located in one of Philadelphia’s most sought-after neighborhoods, this nearly 10,000 SF mixed-use property has a rich and varied history. Originally constructed as a church with an adjoining lecture hall, this iconic building was transformed into the Pennsylvania Theatre (also known as the Coates Street Theatre) which was one of Philadelphia’s first four theatres. Since then, its versatile spaces have housed Cultural centers/clubs, auction houses, dance academies, a pipe organ factory, art studios and galleries, a variety of offices, and now a thriving childcare facility—each incarnation showcasing its ability to adapt to the needs of its community. Zoned CMX-2.5, the building is rich in character and retains remarkable historic elements including original ceiling murals and a repurposed stage. High ceilings (18–20 ft) and open floor plans on both levels as well as a 4,500 sq ft basement allow for endless possibilities. Additional adjacent 2,500 Sq ft vacant lot is available for sale separately, if combined, the two properties would offer an approximate 7,500 sq ft footprint of redevelopment opportunity. MLS# PAPH2452904 An 8-year NNN lease currently in place through 12/31/2026 and a stable tenant eager to renew, this is a rare opportunity for investors or developers to secure a piece of Northern Liberties with long-term upside with a NOI of $183,000. This one-of-a-kind property is located in the heart of Northern Liberties and is just steps away from Philadelphia’s premier dining, art galleries, and nightlife, as well as inviting community parks and green spaces. With both Penn’s Landing and Old City within easy walking distance, its appeal is truly unmatched. Easy accessibility to Public Transit & Highways – Conveniently located near I-95, I-676 on-ramps and steps from the Market- Frankford Line. Property viewing times are limited to evenings after 6:00 PM and weekends due to the business operations of the current tenant which is a childcare center. A 3D tour and property website are available for a comprehensive virtual tour of the building due to the limited in person showing times.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water, Forced Air

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $3,100,000

  • Tax Amount

    9798.0

  • Zoning

    Neighborhood Commercial Mixed-Use Districts Neighborhood-serving retail and service uses, including pedestrian friendly retail

  • 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

  • Stories

    2

  • Foundation Details

    Stone, Brick/Mortar, Slab

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

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 Jennifer Anne Gezon , Styer Real Estate

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 TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.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.
Located in one of Philadelphia’s most sought-after neighborhoods, this nearly 10,000 SF mixed-use property has a rich and varied history. Originally constructed as a church with an adjoining lecture hall, this iconic building was transformed into the Pennsylvania Theatre (also known as the Coates Street Theatre) which was one of Philadelphia’s first four theatres. Since then, its versatile spaces have housed Cultural centers/clubs, auction houses, dance academies, a pipe organ factory, art studios and galleries, a variety of offices, and now a thriving childcare facility—each incarnation showcasing its ability to adapt to the needs of its community. Zoned CMX-2.5, the building is rich in character and retains remarkable historic elements including original ceiling murals and a repurposed stage. High ceilings (18–20 ft) and open floor plans on both levels as well as a 4,500 sq ft basement allow for endless possibilities. Additional adjacent 2,500 Sq ft vacant lot is available for sale separately, if combined, the two properties would offer an approximate 7,500 sq ft footprint of redevelopment opportunity. MLS# PAPH2452904 An 8-year NNN lease currently in place through 12/31/2026 and a stable tenant eager to renew, this is a rare opportunity for investors or developers to secure a piece of Northern Liberties with long-term upside with a NOI of $183,000. This one-of-a-kind property is located in the heart of Northern Liberties and is just steps away from Philadelphia’s premier dining, art galleries, and nightlife, as well as inviting community parks and green spaces. With both Penn’s Landing and Old City within easy walking distance, its appeal is truly unmatched. Easy accessibility to Public Transit & Highways – Conveniently located near I-95, I-676 on-ramps and steps from the Market- Frankford Line. Property viewing times are limited to evenings after 6:00 PM and weekends due to the business operations of the current tenant which is a childcare center. A 3D tour and property website are available for a comprehensive virtual tour of the building due to the limited in person showing times.

209-15 FAIRMOUNT AVENUE

Message successfully sent.

What would you like to know?

Related Properties

DEVELOPMENT OPPORTUNITY IN THE HEART OF UNIVERSITY CITY: 4021-25 Market Street & 4024-26 Filbert Street. The property consists of three parcels, all with two-story buildings plus basements, which are interconnected by various stairwells and doorway openings throughout each building. The Market Street parcels contain 60’ of frontage, and stretch from Market Street to Filbert Street, with garage access in the rear. The Filbert Street property runs about half the length of the block towards Market Street. The property is currently being leased by a furniture store on a month-to-month basis with 30 day notice to vacate. Zoning for the properties is CMX-4, which allows for development such as Multi-Family, Adult & Child Care, Community Centers, Government Administration, Business and Professional Offices, Retail and Restaurant Uses, and Research & Development businesses. The properties are also located in a Qualified Opportunity Zone, which provides an immediate benefit to investors of deferring payment of capital gains tax that would be paid until 2026. The SEPTA Market-Frankford subway line runs along Market Street with a station located at 40th Street, just half a block away from the subject properties. It is the busiest SEPTA route, averaging 170,000 boardings per day. The subway runs east and west from the 69th Street Transportation Center through Center City, and then north and south from N. Front Street in Olde City to the Frankford Transit Center in North Philadelphia. The properties are situated in a Mixed Income Overlay District. PROPERTY OVERVIEW: large open floor plan, 16' ceiling heights, QOZ, rear loading off of Filbert St, large basement, wide staircases, 60' of frontage on Market St. Pedestrian and biker friendly with access to Market Street bike lane. NEIGHBORS INCLUDE: Penn Medicine, University of Pennsylvania, Drexel University, HUB on Chestnut, The Radian, Shoppes at Penn, Ronald McDonald House, Distrito, Rosa’s Fresh Pizza, Hai Street Kitchen & Co., City Tap House, Smokey Joe’s, Hip City Veg, Rite Aid.
#PAPH2483480

PHILADELPHIA

4021 MARKET STREET 25

None Beds

None Baths

22,192 Sq.Ft.

$3,500,000

MLS#: PAPH2483480

Incredible opportunity to acquire two side-by-side commercial properties spanning 6.62 acres in one of Philadelphia’s fastest-growing corridors. This unique offering includes nine existing structures—a mix of office spaces, warehouses, and storage buildings—totaling approximately 130,000 square feet. The site also features a large parking lot accommodating 80-100 vehicles. Whether you choose to maintain the existing commercial operations, redevelop into residential condos, or clear the site for a brand-new housing development, the potential here is undeniable. Located just minutes from the newly constructed train station, Temple University Health Science Campus, and major highways, this property sits in the heart of an area experiencing rapid growth and revitalization. Numerous new residential and mixed-use developments are underway nearby, making this a smart long-term investment. Key Highlights: 6.62 acres of land, 130,000+ SF across 9 buildings, Large parking lot for 80-100 cars, Flexible redevelopment potential, Prime location near North Broad St, Temple Health, and transit. Don’t miss this rare chance to control a substantial footprint in one of Philadelphia’s most exciting growth areas.
#PAPH2482324

PHILADELPHIA

3100 N 17TH STREET 44

None Beds

None Baths

130,000 Sq.Ft.

$2,500,000

MLS#: PAPH2482324

Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the Square, 50 yards away form Rittenhouse Market, 100 yards away from Starbucks. The units are under rented so there is room for increases plus separate utilities. Property is updated throughout with gorgeous original details. The property runs to street to street, to Manning Street. There is a one car car-port on the manning street side of the building. *Bonus -There is also a common elevator that can be repaired and brought back to life! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this. Taxes and square footage is the responsibility of the buyer to have verified.
#PAPH2466818

PHILADELPHIA

1723 SPRUCE STREET

None Beds

None Baths

6,970 Sq.Ft.

$2,890,000

MLS#: PAPH2466818

6 unit multi unit building in chinatown. Each and every unit has a washer, dryer and living room area. Unit 1: 1 bedroom/ 1 bathroom, Unit 2: 1 bedroom/ 1 bathroom, Unit 3: 2 bedroom/ 1.5 bathroom, Unit 4: 1 bedroom/ 1.5 bathroom, Unit 5: 1 bedroom/ 1.5 bathroom, Unit 6: 2 bedroom/2 bathroom. Tax abatement and great rent. Please reach out and inquire more about the property and information.
#PAPH2450412

PHILADELPHIA

214 N 12TH STREET

None Beds

None Baths

3,598 Sq.Ft.

$2,900,000

MLS#: PAPH2450412

Investment Opportunity with High Foot and Car Traffic - Prominent Downtown Location. Featuring a ground-floor shop strategically positioned to capture the bustling foot and car traffic, along with three residential apartments above. Benefitting from the high visibility and accessibility, the property yields an impressive annual rental income of $231,350. The established Japanese ramen and sushi restaurant on the premises has successfully operated for 17 years, drawing in a steady flow of customers from the vibrant surroundings. With a solid return on investment standing at 6.5%, this opportunity offers the potential for long-term growth and profitability in a prime urban setting.
#PAPH2434050

PHILADELPHIA

1210 WALNUT STREET

None Beds

None Baths

5,733 Sq.Ft.

$2,800,000

MLS#: PAPH2434050

Iconic Restaurant + Land for Sale on Woodhaven Rd in Northeast Philadelphia. Lot Size: 77,102 SF. Lot Area: 309' x 247'. Building Area: 6,495 SF. Price: $3,450,000 plus Liquor License. Zoning: CA-1, Auto-Oriented Commercial, with legal use for Bar / Restaurant Frontage: 309' of Franklin Mills Blvd, 247' on Woodhaven Rd Parking for 120 cars.
#PAPH2425020

PHILADELPHIA

4501 WOODHAVEN ROAD

None Beds

None Baths

6,495 Sq.Ft.

$3,450,000

MLS#: PAPH2425020

None
#PAPH2421246

PHILADELPHIA

1118 WALNUT STREET

None Beds

None Baths

10,000 Sq.Ft.

$3,350,000

MLS#: PAPH2421246

Part of package, additional property nearby available - Commercial 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and 1425 Jackson St. Total package can be acquired. 736-38 S 8th St is a 6-plex (6 units), on the corner of 8th & Fitzwater Sts., with ground floor commercial space. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the 9th St. Market. 736-38 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 2 entrances. One for the restaurant, one for the apts. both on the Fitzwater St. side. As-is. Tenant occupied. 48hr notice.
#PAPH2418372

PHILADELPHIA

736 S 8TH STREET 38

None Beds

None Baths

7,776 Sq.Ft.

$2,499,000

MLS#: PAPH2418372

LOCATION: 1900 Pollock Street Philadelphia, PA 19145 PROPERTY HIGHLIGHTS: • Lot Size Approx. 30,000 SF • Existing Bldg. Size Approx. 1,900 SF • Located in Densely Populated South Philadelphia on Busy Moyamensing/ Penrose Corridors • Building can be Expanded or Re-Developed • Located 1/2 Mile West of the Stadium District • Zoning CMX-2 (Mixed-Use Commercial) • On-Site Billboard with Income
#PAPH2401940

PHILADELPHIA

1900 POLLOCK STREET

None Beds

None Baths

1,900 Sq.Ft.

$3,200,000

MLS#: PAPH2401940

This double - wide brownstone in Rittenhouse Square has been used as the offices for a high end law firm for decades. The building offers beautiful historic details, a passenger elevator, and has a large rear private parking lot accessed off Chancellor Street. SHOWINGS ARE APPOINTMENT ONLY. 24 HOURS NOTICE. LISTING AGENT MUST BE PRESENT AT EVERY SHOWING.
#PAPH2185488

PHILADELPHIA

2112 WALNUT STREET

None Beds

None Baths

13,754 Sq.Ft.

$2,850,000

MLS#: PAPH2185488

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

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