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1029 Ridge Avenue Philadelphia, PA $ 1,880,000
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$ 1,880,000 Get more info
1029 Ridge Avenue
$ 1,880,000
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1029 Ridge Avenue

Philadelphia, PA, 19123
$ 1,880,000
Bedrooms-- Baths-- Sq 13,341

Monthly Estimate*

$ 11,575

1029 Ridge Avenue, Philadelphia, PA 19123 - Image 1
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1029 Ridge Avenue, Philadelphia, PA 19123 - Image 10

Commercial Property for sale in Philadelphia, PA

for $1,880,000. This 13,341 square foot building was built in 1903 on a lot size of 0.11.

This building has been completely renovated a few years ago. There are 5 residential unit plus one commercial unit on the first floor. The landlord is currently using the first floor commercial space. The other 5 units are leased out. Its a turn key business. It has very high cap rate compared to other properties in Chinatown area. The property in this area tend to appreciate unexpectedly. Come and check it out.

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Commercial Active

Price

$ 1,880,000

Property Type

Commercial

Taxes

$ 1,587

Style

Apartment Building

Lot Size

0.11

Year Built

1903

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2593354
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Immediate
Zoning INDUS
Construction Materials Brick Block Concrete
Year Built 1903
Property Subtype Mixed Use
Tax Year 2003
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name CHINATOWN
Possible Use Apartments
Water Access Y/N N
Status ACTIVE
Directions Take 11th Street turn right on Hamilton Street
City PHILADELPHIA
MLS Area 19123 (19123)
Lot Size Units Square Feet
Lot Size Square Feet 4792.00
Tax Annual Amount 1587.0
Price Per Sq Ft Total AG 458.54
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 4100.00
Lot Size Acres 0.11
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 3680.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1029
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* Excluded Features
List By
Liberty Real Estate

Broker

richard4493@gmail.com

Email

Affordability Calculator

$11,708
Per Month
99%
1%
0%
Monthly Principal & Interest
$11,575
Monthly Property Taxes
$132
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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/12/2026$1,880,000 Listed Price

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1029 Ridge Avenue, Philadelphia, PA, 19123 is a Commercial Property for sale at $1,880,000 with 13,341 sqft and a lot size of 0.11. 1029 Ridge Avenue was built in 1903. The property's zip code is 19123 which is in Philadelphia, PA

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