2201 N Woodstock St, Philadelphia, PA 19132

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List Price
$550,000
Status
ACTIVE
Days on Market
108
MLS#
PAPH2640902
Subtype
Multi-Family
Style
Bi-Level
Year Built
1925
Living Area
1,728
Lot Size
871
Acres
0.02
Subdivision
North Central
Building Name
Water Ice And Restaurant
MLS Area Major
19132 (19132)

Property Description

Exceptional mixed-use investment opportunity in the heart of North Philadelphia's rapidly developing Allegheny West neighborhood. Offering over 1,700 square feet of commercial space plus two 1-bedroom, 1-bathroom residential units above, this property presents multiple avenues for income generation and long-term value appreciation. The expansive commercial storefront was previously operated as both a Caribbean restaurant and a water ice business simultaneously, demonstrating the flexibility of the layout and its potential to accommodate multiple business concepts. The commercial space may offer the possibility to be divided for separate uses, creating additional opportunities for future operators or investors. Above the commercial space are two separate 1-bedroom, 1-bathroom apartments, providing additional rental income potential. Whether you're an investor seeking a mixed-use asset, an entrepreneur looking to operate your own business while generating residential rental income, or a buyer searching for a value-add opportunity, this property offers tremendous upside. The property does require renovations and improvements, making it an ideal project for investors and developers looking to maximize returns through strategic updates and repositioning. Conveniently located near major transportation routes, public transit, shopping, schools, and neighborhood amenities, the property is situated in an area experiencing ongoing investment and redevelopment activity. Its prominent location and mixed-use zoning potential make it an attractive addition to any real estate portfolio. Property is being sold in as-is condition. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and any future development opportunities.

Additional Information

Taxes
$1,639
Property Description
Bi-Level
Zoning
CMX1
Flooring
Brick
Heating
Electric Baseboard, Baseboard, Hot Water, Baseboard
Air Conditioning
None
Roof
Flat
Foundation
Brick/Mortar
Parking Features
Public
School District
Philadelphia City

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Listing courtesy of KW Empower. Contact: