3258 N Front St, Philadelphia, PA 19140

Property Description

Welcome to this rare mixed-use opportunity in a prime location, spanning from Front Street to Hope Street. The property features a spacious commercial space on the first floor with excellent visibility and high traffic count, perfect for an owner-occupant or investor. The existing business is negotiable, but buyers have the flexibility to bring their own concept (buyer/buyer’s agent responsible for confirming permitted uses). With CMX-2 zoning, the space is well-suited for a wide range of neighborhood-serving businesses, retail, or professional services. Above the commercial space are four residential apartments: currently configured as two 1-bedroom units and two 2-bedroom units. With thoughtful updates, there is potential to reconfigure to maximize value, such as converting into two 1-bedroom units and two 3-bedroom units. This creates an excellent opportunity for both rental income and long-term appreciation. The location is a standout feature: this property is surrounded by thriving businesses, ensuring steady foot traffic and exposure. Because the property spans the block, it offers dual street frontage—an advantage not commonly found in the area. An ideal setup allows you to run a business on the first floor, live in one of the upper units, and collect rental income from the others. Zoning is CMX-2 (Neighborhood Commercial Mixed-Use), allowing for a variety of residential and commercial uses.