Philadelphia, PA 19147,736-38 S 8TH ST
Philadelphia, PA 19147,736-38 S 8TH ST
Philadelphia, PA 19147,736-38 S 8TH ST
Philadelphia, PA 19147,736-38 S 8TH ST
Philadelphia, PA 19147,736-38 S 8TH ST
Philadelphia, PA 19147,736-38 S 8TH ST
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Listed by Lorraine B Pappalardo • Mercury Real Estate Group
$ 2,499,000
Est. payment | /mo

Save
$ 2,499,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Italian Market

MLS Listing ID PAPH2418372

Year Built 1900

Annual Tax Amount $24,282

Tax Year 2024

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Part of package, additional property nearby available - Commercial 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and
1425 Jackson St. Total package can be acquired.

736-38 S 8th St is a 6-plex (6 units), on the corner of 8th & Fitzwater Sts., with ground floor commercial space. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the 9th St. Market. 736-38 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 2 entrances. One for the restaurant, one for the apts. both on the Fitzwater St. side. As-is.
Tenant occupied. 48hr notice.

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning CMX-1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

View City, Park/Greenbelt

Accessibility None

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881573330

Ownership Other

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Gamp

    Public | 5 - 12

  • 9

    Masterman Julia R Secondary School

    Public | 5 - 12

  • 8

    Meredith School

    Public | KG - 8

  • 7

    Christopher Columbus Charter School

    Public | KG - 8

  • 7

    Folk Arts-Cultural Treasures Charter School

    Public | KG - 8

  • 7

    General George A. McCall School

    Public | KG - 8

  • 7

    Laboratory Charter School

    Public | KG - 8

  • 7

    Environment Community Opportunity (Eco) Charter Sc

    Public | KG - 5

  • 6

    Albert M. Greenfield School

    Public | KG - 8

  • 6

    Independence Charter School

    Public | KG - 8

  • 6

    D. Newlin Fell School

    Public | KG - 8

  • 5

    Russell Byers Charter School

    Public | PK - 6

  • 5

    Philadelphia Performing Arts Charter School

    Public | KG - 8

  • 5

    Abram Stockton Jenks School

    Public | KG - 4

  • 5

    Alliance for Progress Charter School

    Public | KG - 8

  • 5

    Mastery Charter School - Thomas Campus

    Public | KG - 12

  • 5

    Eliza Butler Kirkbride School

    Public | KG - 8

  • 5

    Young Scholars Charter School

    Public | 5 - 8

  • 5

    Mary Ethel Costello School

    Public | 4 - 6

  • 5

    Leap Academy University Charter School

    Public | KG - 12

Middle Schools 8
  • 4

    Mastery Charter High School

    Public | 7 - 12

  • 2

    The Sd of Philadelphia Virtual Academy

    Public | 6 - 12

  • 1

    World Communications Charter School

    Public | 6 - 12

  • 1

    Penn Treaty

    Public | 6 - 12

  • 0

    Student Education Center & Delaware Valley High School

    Private | 8 - 12

  • 0

    Wakisha Charter School

    Public | 6 - 8

  • 0

    Gloucester Catholic High School

    Private | 7 - 12

  • 0

    Pyne Point Middle School

    Public | 7 - 8

High Schools 20
  • 8

    Science Leadership Academy

    Public | 9 - 12

  • 8

    Academy at Palumbo

    Public | 9 - 12

  • 7

    Carver High School

    Public | 9 - 12

  • 7

    Bodine William W High School

    Public | 9 - 12

  • 5

    Preparatory Charter School of Mathematics Science

    Public | 9 - 12

  • 5

    Creative and Performing Arts

    Public | 9 - 12

  • 5

    Philadelphia Electrical & Tech Chs

    Public | 9 - 12

  • 5

    Parkway-Center City

    Public | 9 - 12

  • 5

    Philadelphia Military Academy at Elverson

    Public | 9 - 12

  • 4

    Franklin Lc

    Public | 9 - 12

  • 4

    Constitution High School

    Public | 9 - 12

  • 1

    Universal Audenried Charter High School

    Public | 9 - 12

  • 1

    South Philadelphia High School

    Public | 9 - 12

  • 1

    Benjamin Franklin High School

    Public | 9 - 12

  • 1

    Charter High School for Architecture and

    Public | 9 - 12

  • 1

    Furness High School

    Public | 9 - 12

  • 1

    Kensington Creative & Performing Arts High School

    Public | 9 - 12

  • 1

    Kensington Health Sciences Academy

    Public | 9 - 12

  • 1

    Kensington International Business High School

    Public | 9 - 12

  • 1

    Kensington Urban Education

    Public | 9 - 12

School and business data provided by Attom Data.
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736-38 S 8TH ST