2126 E LEHIGH AVE Active

Philadelphia,PA 19125

$ 1050000

- Bed

- Bath

3311 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,311 sqft

Price per Sqft $317

MLS Listing ID PAPH2449142

Originating Board BRIGHT

Year Built 1875

Annual Tax Amount $3,961

Tax Year 2024

Lot Size 1,376 Sqft

Acres 0.03

Lot Dimensions 20.00 x 69.00

Property Sub-Type Mixed Use

Property Description

2124 E Lehigh Ave and 2126 E Lehigh Ave present an incredible investment opportunity in the heart of Fishtown, available together for $1,050,000 with 2126 including a valuable liquor license. This combination offers the rare chance to own a historic mixed-use property alongside a prime redevelopment project, both in one of Philadelphia's most dynamic neighborhoods.

2126 E Lehigh Ave is a unique mixed-use property with a rich history, currently set up as a duplex. The first floor features a bar that has been a staple in the neighborhood for many years, while the upper levels are home to two spacious 2-bedroom apartments, providing both residential and commercial potential. The bar, with the inclusion of an R-liquor license, offers a prime opportunity for continued operation or a fresh new venture. The two 2-bedroom apartments above provide ample rental income potential or could be perfect for owner-occupancy, making this property an ideal investment for those seeking both commercial and residential spaces. Zoned RSA5, the property maintains residential flexibility while its mixed-use setup allows for creative redevelopment options.

Located just next door, 2124 E Lehigh Ave offers an exciting opportunity for those with vision and a passion for renovation. Currently a shell, with only half of the structure still standing, this property provides a blank canvas for your next project. The lot offers ample space to design a modern, custom home or potentially multiple units, depending on your investment goals. With Fishtown's rapid development and increasing demand for residential and commercial properties, 2124 E Lehigh is perfect for investors or buyers looking to restore a historic building to its former glory or create something entirely new.

Fishtown is a rapidly growing area with a flourishing arts and dining scene, easy access to public transportation, and a variety of local amenities, making it a prime location for both business and residential opportunities. Don't miss out on the chance to own a property with limitless potential in one of Philadelphia's most sought-after neighborhoods. 2124 E Lehigh Ave and 2126 E Lehigh Ave are ready to help you make your mark in Fishtown.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Other

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871286900

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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