PA > Philadelphia > West Philadelphia
Philadelphia, PA 19139,100-2 S 52ND ST
Philadelphia, PA 19139,100-2 S 52ND ST
Philadelphia, PA 19139,100-2 S 52ND ST
Philadelphia, PA 19139,100-2 S 52ND ST
Philadelphia, PA 19139,100-2 S 52ND ST
Philadelphia, PA 19139,100-2 S 52ND ST
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Joseph & Danielle Dedekind

Joseph & Danielle Dedekind

+1(703) 244-8787
Listed by Ryan J McManus • Keller Williams Liberty Place
$ 5,255,000
Est. payment | /mo

34,907 SqFt

Save
$ 5,255,000
Est. payment | /mo
Save

34,907 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 34,907 sqft

Price per Sqft $150

Subdivision West Philadelphia

MLS Listing ID PAPH2494210

Year Built 1915

Available Date 2025-06-27

Annual Tax Amount $25,889

Tax Year 2024

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 36.00 x 40.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

INTRODUCING: The West Philly Park Portfolio — thirty-nine (39) total units carrying an in-place 9.5% stabilized cap rate on the outskirts of University City where billions of dollars in active stage development are underway in a Top-10 USA MSA (population) and a Top-10 USA Life Sciences ecosystem. This district of Philadelphia is the economic powerhouse behind jobs and innovation, with examples such as Schuylkill Yards, Science Center, CHOP, HUP, Amtrak's 30th ST Station and more contributing to the robust and internationally-known "EDS & MEDS" economy. With ten (10) total properties spanning ±35K SF of real estate, concentrated within a straight five-block stretch along S 52nd ST, The Portfolio offers investors a substantial critical mass of boutique investment, high-yield properties with ground floor commercial space and apartments above. The stores and apartments were renovated in the early 2020's with LVP flooring, shaker cabinetry, granite countertops, washer/dryer in-unit, fire systems, sprinkler systems, flush mount lighting, contemporary bathrooms, central air, and more. This is a turnkey operation in a submarket anchored by perennial rental demand from the surrounding universities (Penn, Drexel), world-class health systems, and cutting-edge innovation districts. Multiple park-frontage properties, prominent corner properties, and contiguous properties encompass The Portfolio along the vibrant, bustling 52nd ST corridor — between Market Street (north) and Larchwood Ave (south). Enquire within for detailed financials. Coming soon...

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Luxury Vinyl Plank

Heat Source Electric

Exterior

Water Access N

View Park/Greenbelt, City

Accessibility None

Garage N

Building

Lot Description Corner

Foundation Concrete Perimeter

Sewer Private Sewer

Water Public

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 881215261

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
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100-2 S 52ND ST