2905 Ridge Avenue Philadelphia, PA $ 625,000
2905 Ridge Avenue
$ 625,000
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2905 Ridge Avenue

Philadelphia, PA, 19121
$ 625,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,899

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Commercial Property for sale in Philadelphia, PA

for $625,000. This building was built in 1915 on a lot size of 0.02.

Turnkey Mixed-Use Opportunity on Bustling Ridge Ave Prime for Restaurant + Residential/Commercial Use. Unlock the potential of this versatile mixed-use building in one of Philadelphias rapidly appreciating corridors. Located on busy Ridge Avenue, this property offers high visibility and foot traffic in a neighborhood surrounded by single-family homes and new apartment developments. First Floor Restaurant Ready Step into a fully equipped, turnkey restaurant space with all working commercial-grade equipment included. Whether you're an aspiring restaurateur or an experienced operator, this setup lets you hit the ground running in a high-demand dining area with limited competition and consistent local traffic. Second Floor Open-Use Flex Space The spacious second floor was previously used as a church and offers a wide-open layout filled with natural light. Its ready for easy conversion back to a residential apartment, office, studio, or expanded commercial usegiving you valuable income-generating potential. Investment Highlights

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Commercial Active

Price

$ 625,000

Property Type

Commercial

Taxes

$ 1,716

Style

Restaurant/Bar

Lot Size

0.02

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2521158

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Immediate
Zoning CMX2
Construction Materials Masonry
Year Built 1915
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Restaurant/Bar
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Ridge Ave Near 29th Street
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 950.00
Tax Annual Amount 1716.0
Price Per Sq Ft Total AG 381.1
Acceptable Financing Conventional Cash Seller Financing
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 343
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Exterior
Water Source Public
Inclusions Restaurant equipment
Type of Parking On Street
Water View Y/N N
Building Area Total 1640.00
Lot Dimensions 22.00 x 54.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 24520.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2905
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* Excluded Features
List By
Homestarr Realty

Broker

asifgill@gmail.com

Email

Affordability Calculator

$4,042
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,899
Monthly Property Taxes
$143
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
Pricing History
DatePricePrice ChangeDescription
7/30/2025$625,000 Listed Price

Map


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2905 Ridge Avenue, Philadelphia, PA, 19121 is a Commercial Property for sale at $625,000 with a lot size of 0.02. 2905 Ridge Avenue was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA