PA > Philadelphia > Northern Liberties
Philadelphia, PA 19123,990-92 N 2ND ST
Philadelphia, PA 19123,990-92 N 2ND ST
Philadelphia, PA 19123,990-92 N 2ND ST
Philadelphia, PA 19123,990-92 N 2ND ST
Philadelphia, PA 19123,990-92 N 2ND ST
Philadelphia, PA 19123,990-92 N 2ND ST
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Lisa M Bailey-Harper

Lisa M Bailey-Harper

+1(571) 450-6380
Listed by Veronica Gintel Blum • Mallin Panchelli Nadel Realty Inc
$ 2,100,000
Est. payment | /mo

4,947 SqFt

Save
$ 2,100,000
Est. payment | /mo
Save

4,947 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,947 sqft

Price per Sqft $424

Subdivision Northern Liberties

MLS Listing ID PAPH2518294

Year Built 1920

Annual Tax Amount $8,639

Tax Year 2024

Lot Size 2,350 Sqft

Acres 0.05

Lot Dimensions 15.00 x 78.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

These two contiguous buildings are located at 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. 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.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning CMX2.5

Interior

Hot Water Natural Gas, Electric

Heating Hot Water

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 057057200

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
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990-92 N 2ND ST