100-2 S 52ND ST Coming Soon Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19139
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 34,907 sqft
Price per Sqft $150
Subdivision West Philadelphia
MLS Listing ID PAPH2494210
Year Built 1915
Available Date 2025-06-27
Annual Tax Amount $25,889
Tax Year 2024
Lot Size 1,440 Sqft
Acres 0.03
Lot Dimensions 36.00 x 40.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
INTRODUCING: The West Philly Park Portfolio — thirty-nine (39) total units carrying an in-place 9.5% stabilized cap rate on the outskirts of University City where billions of dollars in active stage development are underway in a Top-10 USA MSA (population) and a Top-10 USA Life Sciences ecosystem. This district of Philadelphia is the economic powerhouse behind jobs and innovation, with examples such as Schuylkill Yards, Science Center, CHOP, HUP, Amtrak's 30th ST Station and more contributing to the robust and internationally-known "EDS & MEDS" economy. With ten (10) total properties spanning ±35K SF of real estate, concentrated within a straight five-block stretch along S 52nd ST, The Portfolio offers investors a substantial critical mass of boutique investment, high-yield properties with ground floor commercial space and apartments above. The stores and apartments were renovated in the early 2020's with LVP flooring, shaker cabinetry, granite countertops, washer/dryer in-unit, fire systems, sprinkler systems, flush mount lighting, contemporary bathrooms, central air, and more. This is a turnkey operation in a submarket anchored by perennial rental demand from the surrounding universities (Penn, Drexel), world-class health systems, and cutting-edge innovation districts. Multiple park-frontage properties, prominent corner properties, and contiguous properties encompass The Portfolio along the vibrant, bustling 52nd ST corridor — between Market Street (north) and Larchwood Ave (south). Enquire within for detailed financials. Coming soon...
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Water Access N
View Park/Greenbelt,City
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Concrete Perimeter
Sewer Private Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 881215261
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard