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Listed by Benjamin Katz • Coldwell Banker Realty
$1,325,000
Est. payment /mo
1,630 Sqft Lot
New
1204-06 E PALMER ST Philadelphia, PA 19125
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Fishtown
MLS Listing ID PAPH2678860
Year Built 2016
Available Date 2026-10-21
Annual Tax Amount $6,700
Tax Year 2026
Lot Size 1,630 Sqft
Acres 0.04
Lot Dimensions 29.4' x 65'
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Fishtown Investment Opportunity | 1204–1206 E Palmer Street
Don't miss this exceptional two-parcel versatile investment opportunity in the heart of Fishtown! This stabilized, income-producing asset features two commercial storefronts and five additional rental units, offering an attractive opportunity for investors and owner-occupants alike.
Operate your own business from one storefront while generating rental income from the remaining units, or maximize the property's income potential as a long-term investment.
Both buildings are in excellent condition, and the portfolio boasts an attractive 7.25% cap rate, making it an opportunity worth exploring in one of Philadelphia's sought-after neighborhoods.
Don't miss this exceptional two-parcel versatile investment opportunity in the heart of Fishtown! This stabilized, income-producing asset features two commercial storefronts and five additional rental units, offering an attractive opportunity for investors and owner-occupants alike.
Operate your own business from one storefront while generating rental income from the remaining units, or maximize the property's income potential as a long-term investment.
Both buildings are in excellent condition, and the portfolio boasts an attractive 7.25% cap rate, making it an opportunity worth exploring in one of Philadelphia's sought-after neighborhoods.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871095240
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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