637 N 2Nd Street
Philadelphia, PA, 19123 $ 899,900
Bedrooms-- Baths-- Sq 3,180 Monthly Estimate*
$ 5,541
for $899,900. This 3,180 square foot building was built in 1920 on a lot size of 0.02.
Rare opportunity to own a beautifully maintained corner mixed-use property in Northern Liberties featuring a prominent retail space on the first floor, a renovated one-bedroom apartment on the second floor, and a two-bedroom, two-story apartment on the upper levels. This distinctive income-producing property is full of charm and character, and its prime corner setting allows for excellent natural light from both the front and side exposures. Located in the heart of Northern Liberties, this property places you just steps from neighborhood restaurants, cafes, shopping, entertainment, and convenient access to Center City, major roadways, and public transportation. An excellent opportunity for an investor, owner-occupant, or mixed-use buyer seeking rental income, street presence, and a prime Philadelphia location all in one property. Each unit is separately metered for electric and gas, making this a great investment opportunity for any investor and an excellent option for a 1031 exchange buyer. The storefront is truly special, offering a striking corner presence with oversized windows, strong visibility, and exceptional curb appeal. The main retail level features tall ceilings and abundant natural light, creating an inviting, airy atmosphere with an established neighborhood feel. Framed by charming architectural details and attractive display frontage, this space has been home to a thriving flower shop for nearly 40 years, a testament to the strength of the location and the lasting appeal of the area. The storefront also includes a basement level with additional storage or work space and a convenient powder room, adding flexibility and functionality. Above the retail space, the one-bedroom apartment has been attractively updated and is filled with beautiful natural light, creating a bright and welcoming living environment. This thoughtfully designed unit includes a living room, kitchen, bedroom, and separate office, offering both comfort and flexibility for todays lifestyle needs. The kitchen features granite countertops, stainless steel appliances, abundant cabinet space, and plenty of storage, while the apartment is further enhanced by cherry floors and in-unit laundry. The two-bedroom apartment spans two stories, giving it a unique and spacious layout with added separation, character, and versatility. It also benefits from great natural light and includes a renovated bathroom. This is a rare chance to acquire a well-located, income-producing mixed-use asset with long-term upside in one of Philadelphias most sought-after neighborhoods. Schedule your showing today and discover the potential of this one-of-a-kind Northern Liberties property.
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Commercial ActiveApartment Building,/General Retail
FeaturesInteriorHeating Fuel Natural Gas
Hot Water Electric
Total Stories 5
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Roof Built-Up
Zoning CMX25
Construction Materials Masonry
Exclusions Trade fixtures in first floor all tenants' personal property
Year Built 1920
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 58800.00
Business Type Apartment Building Other/General Retail
Accessibility None
County PHILADELPHIA
Net Operating Income 45299.00
Operating Expense 13501.00
New Construction N
Property Type Commercial Sale
Subdivision Name NORTHERN LIBERTIES
Water Access Y/N N
Status ACTIVE
Directions Property sits at Southeast corner of N 2nd Street and Fairmount Ave
City PHILADELPHIA
Disclosures Agent Related to Owner
Number Of Units Total 3
MLS Area 19123 (19123)
Lot Size Units Square Feet
Lot Size Square Feet 864.00
Tax Annual Amount 7610.0
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://quinn-wilson.seehouseat.com/public/vtour/display/2372351?idx=1#!/
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Tax Lot 184
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ExteriorLot Features Corner
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 14.00 x 62.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 108740.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByQuinn & Wilson, Inc.Broker
lindsaymbetz@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,541
- Monthly Property Taxes
- $634
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $1,140,486
Percent of Sale Price 27%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/10/2026 | $899,900 | | Listed Price |