1531 CHERRY ST new to site

Philadelphia,PA 19102

$ 625000

- Bed

- Bath

1860 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,860 sqft

Price per Sqft $336

Subdivision Logan Square

MLS Listing ID PAPH2484646

Year Built 1870

Annual Tax Amount $6,439

Tax Year 2025

Lot Size 795 Sqft

Acres 0.02

Lot Dimensions 15.00 x 53.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Prime Investment Opportunity in Center City Philadelphia
Nestled on a picturesque, tree-lined street just off the Benjamin Franklin Parkway, this exceptional property offers an unbeatable location in the heart of Center City. Surrounded by iconic landmarks such as Sister Cities Park, Love Park, City Hall, and the Convention Center, it provides easy access to major highways, including 676, 76, and I-95, as well as nearby bridges for convenient travel.
Zoned CMX1, the possibilities are endless for this versatile space. The first floor features four offices and a powder room, with an additional private office—complete with its own powder room—currently leased. The second and third floors house a spacious 2-bedroom, 2-bath bi-level apartment, currently occupied until April 30, 2026.
With an impressive Walk Score of 96 and Transit Score of 100, this property is truly a walker's paradise, ensuring easy access to Philadelphia's vibrant city life. Having served as a reliable rental for many years, it is being sold “as-is” and is subject to Bank Committee Approval. Buyers and their agents are responsible for verifying property tax details.
Seize this rare opportunity to invest in a prime Center City location with limitless potential!

Location

State PA

County Philadelphia

Area 19102 (19102)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871514170

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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