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990 N 2Nd Street Philadelphia, PA $ 1,890,000
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$ 1,890,000 Get more info
990 N 2Nd Street
$ 1,890,000
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Share Save

990 N 2Nd Street

Philadelphia, PA, 19123
$ 1,890,000
Bedrooms-- Baths-- Sq 4,947

Monthly Estimate*

$ 11,791

990 N 2Nd Street, Philadelphia, PA 19123 - Image 1
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990 N 2Nd Street, Philadelphia, PA 19123 - Image 14
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Commercial Property for sale in Philadelphia, PA

for $1,890,000. This 4,947 square foot building was built in 1920 on a lot size of 0.05.

These two contiguous buildings located at the CORNER of 2nd & Wildey in Northern Liberties. These buildings are in the heart of the commercial corridor, across the street from Heirloom Market, Starbucks and The Piazza. Great opportunity for an investor or owner-operator! 990 N 2nd has continuously operated as a 3 unit multifamily for decades. 992 N 2nd was built from the ground up in 2010. The property has ground floor commercial and a Wildey St entrance to the light filled apartments above. In August of 2026, the commercial tenant is coming to the end of their term with no options in place for renewal. While the tenant has indicated they would like to stay, this offers an opportunity to retenant at market rate which is substantially higher than the current lease. Alternatively, an owner operator will have an opportunity in an unmatched location for the neighborhood. Additionally, the first floor of 990 N 2nd should be converted to retail for both increased rent and conversion to a NNN format.

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Commercial Active

Price

$ 1,890,000

Property Type

Commercial

Taxes

$ 8,639

Style

General Retail,Medical

Lot Size

0.05

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2518294
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 6
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General
Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Possession Negotiable
Zoning CMX2.5
Construction Materials Masonry
Year Built 1920
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Other
Municipality PHILADELPHIA
Business Type Other/General Retail Medical
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name NORTHERN LIBERTIES
Water Access Y/N N
Status ACTIVE
Directions Located on the corner of N 2nd St & Wildey St.
City PHILADELPHIA
Number Of Units Total 6
MLS Area 19123 (19123)
Lot Size Units Square Feet
Lot Size Square Feet 2350.00
Tax Annual Amount 8639.0
Property Condition Very Good
Price Per Sq Ft Total AG 382.05
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Assessor
Tax Lot 42
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Exterior
Lot Features Corner
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 4947.00
Lot Dimensions 15.00 x 78.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 123440.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 990
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* Excluded Features
List By
Mallin Panchelli Nadel Realty Inc

Broker

vblum@mpnrealty.com

Email

Affordability Calculator

$12,511
Per Month
94%
6%
0%
Monthly Principal & Interest
$11,791
Monthly Property Taxes
$720
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/13/2025$1,890,000 -3.08% Price Down
11/3/2025$1,950,000 -7.14% Price Down
7/18/2025$2,100,000 Listed Price

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990 N 2Nd Street, Philadelphia, PA, 19123 is a Commercial Property for sale at $1,890,000 with 4,947 sqft and a lot size of 0.05. 990 N 2Nd Street was built in 1920. The property's zip code is 19123 which is in Philadelphia, PA

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