990-92 N 2ND ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19123
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