39-41 S 19th St,PHILADELPHIA, PA 19103
PHILADELPHIA, PA 19103
Description
Ideally situated in Philadelphia's coveted Rittenhouse neighborhood, 39-41 S. 19th Street presents a unique opportunity to acquire a mixed-use investment property with exceptional versatility and future development potential. The ground floor features a fully equipped restaurant space with two separate entrances, multiple bars and seating areas, dedicated restrooms, a spacious commercial kitchen, and a separate office. The kitchen is outfitted with two walk-in units, freezers, pizza ovens, stoves, additional ovens, and ample storage, offering a well-appointed foundation for a variety of food and beverage concepts. The upper floors comprise four residential apartments, including two three-bedroom units and two two-bedroom units, providing a diverse mix of rental opportunities. Adding to the property's appeal, *the building includes air rights*, presenting potential opportunities for future expansion, subject to zoning, permitting, and other applicable approvals. Combining a prime Rittenhouse location, a substantial restaurant space, multiple residential income streams, and valuable development potential, 39-41 S. 19th Street offers an exceptional opportunity for investors seeking both immediate income potential and long-term upside in one of Philadelphia's most desirable neighborhoods. Restaurant is listed separately for rent for $13,000/month.
Details
| MLS # | PAPH2681856 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1910 |
| Days On Site | 19 |
| Listing Provided By | Kurfiss Sotheby's International Realty | Juliana Martell |
Features
| Story(s) | 3 |
|---|---|
| Units | 5 |
| Zoning | CMX5 |
| Acreage | 0.08 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 27907 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19103 |
| Area | 19103 (19103) |
| Community Name | RITTENHOUSE SQUARE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in RITTENHOUSE SQUARE) | |
Price: $3,900,000 low | high Med: $115,000 On site: 19 low | high Med: 237 | |
Market Activity 19103
Request a showing
Request a showing
Contact
Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19103 |
| Area | 19103 (19103) |
| Community Name | RITTENHOUSE SQUARE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in RITTENHOUSE SQUARE) | |
Price: $3,900,000 low | high Med: $115,000 On site: 19 low | high Med: 237 | |
 | $3,178,0001911 Walnut St. St #3304Philadelphia, PA 19103 |
 | $4,591,2111911 Walnut Street #2901Philadelphia, PA 19103 |
 | $3,000,000Philadelphia, PA 19103 |
 | $3,950,0001911 Walnut St #3202Philadelphia, PA 19103 |
 | $3,130,3951911 Walnut #unit 3404Philadelphia, PA 19103 |