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Mixed-Use Opportunity at 152-158 N 2nd St Philadelphia

Mixed-Use Opportunity at 152-158 N 2nd St Philadelphia
FOR SALE
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152 158 North 2nd Street, Philadelphia, PA 19106

8,926 SF

Square Feet

Property Description

Located at 148 N 2nd St and 152-158 N 2nd St, Philadelphia, PA, this 8,926-square-foot property spans five parcels and offers an exceptional opportunity for developers, investors, or entrepreneurs to create a transformative project in the heart of Old City. With CMX-3 zoning, the site is ideal for mixed-use developments, luxury residential units, or high-end commercial ventures.

PROPERTY DETAILS

This offering includes the following parcels:

  • 148 N 2nd St: A two-story building with 2,410 SF and 21 feet of frontage along North 2nd Street and 27 feet of frontage on Quarry Street
  • 152 N 2nd St: A three-story building with 1,416 SF and 13 feet of frontage along North 2nd Street.
  • 154 N 2nd St: A surface lot with 1,475 SF and 15 feet of frontage along North 2nd Street.
  • 156 N 2nd St: A single-story building with 1,925 SF and 19 feet of frontage along North 2nd Street.
  • 158 N 2nd St: A surface lot with 1,700 SF and 17 feet of frontage along North 2nd Street.
The combined site provides:

  • 105 feet of frontage on North 2nd Street
  • 27 feet of frontage on Quarry Street

Key Features

  • Total Building Space: 8,926 SF
  • Zoning: CMX-3 (ideal for mixed-use, residential, or commercial projects)
  • Frontage: High visibility with significant street frontage on both North 2nd Street and Quarry Street
  • Potential Uses: Mixed-use developments, retail spaces, luxury residential units, or other creative ventures
  • Architectural Flexibility: Substantial design potential to appeal to high-end tenants or buyers

Strategic Location Advantage

Situated in the vibrant Old City neighborhood, this property is surrounded by cultural landmarks such as Independence Hall and The Ben luxury condominiums. The area’s historic charm and modern amenities attract both tourists and locals. Its prime location ensures high foot traffic and visibility for any future development.

Investment Highlights

This property represents a rare opportunity to secure a substantial footprint in one of Philadelphia’s most desirable neighborhoods. Its CMX-3 zoning allows for diverse redevelopment options to maximize value. Whether you envision a mixed-use complex with retail on the ground floor or a luxury residential development, the possibilities are endless.

Don’t miss your chance to own this exceptional property in Old City. Contact us today to schedule a private tour and explore its full potential!


Property Details

Asset Type

Mixed-use

Zoning

CMX-3

Neighborhood

Olde City

Submarket

Philadelphia

ZIP

19106

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

$0

Cash-on-Cash Return

0.00%

Monthly Debt Service

$0

Annual Debt Service

$0

View on Map

Address

152 158 North 2nd Street

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