2323-25 MIFFLIN ST Philadelphia, PA 19145
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $99
MLS Listing ID PAPH2462880
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $3,638
Tax Year 2024
Lot Size 1,645 Sqft
Acres 0.04
Lot Dimensions 41.51 X 72.57 X 8.06 X 65.00
Property Sub-Type Mixed Use
Property Description
The property sits on an impressive lot with street frontage of over 72 feet along Passyunk Ave and 41 feet along Mifflin St. The large, uniquely shaped lot allows for exceptional layouts for both the commercial and apartment units.
Located in one of the most desirable neighborhoods in the city, nestled between Point Breeze and West Passyunk, this area is poised for major appreciation. The location is fantastic, offering incredible potential for long-term growth.
The property is fully occupied with excellent tenants, featuring a highly functional unit mix. Unit 1 is a large commercial space currently leased by Z&M Social Events, a business specializing in baby showers, birthday parties, and religious gatherings. The space also includes a large basement, perfect for all storage needs. Units 2 and 3 are well-designed 1-bedroom, 1-bathroom apartments, each equipped with central air.
The price, size, and condition of the property attract high-quality tenants from various backgrounds, making it an ideal investment. This property also presents an excellent opportunity for business owners, as the commercial space has recently received a Certificate of Occupancy (CO) allowing it to be used as a daycare or for a variety of other uses under the CMX-2 zoning.
With great cash flow and tremendous upside, this property is a perfect purchase for both investors and business owners seeking a prime location. Contact us to discuss the numbers — don't wait — this opportunity won't last long!
Location
State PA
County Philadelphia
Area 19145 (19145)
Zoning CMX2
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Flooring Ceramic Tile, Laminate Plank, Wood
Heat Source Natural Gas, Electric
Exterior
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882006830
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Fire Detection System,Main Entrance Lock,Smoke Detector,Monitored,Sprinkler System - Indoor
Acceptable Financing Cash, Negotiable, Conventional
Listing Terms Cash, Negotiable, Conventional
Financing Cash,Negotiable,Conventional
Special Listing Condition Standard
