Active under contract Property MLS# PAPH2663744

500 S 52ND ST

PHILADELPHIA, PA 19143

$725,000

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About 500 S 52ND ST

Welcome to 500 S 52nd Street, a fully stabilized, mixed-use investment property prominently situated on the highly visible corner of S 52nd Street and Larchwood Avenue in the heart of Cobbs Creek in West Philadelphia.

Originally renovated to a high standard in 2018, this turnkey asset consists of four fully leased units, including a popular neighborhood café occupying the entire ground floor and three residential apartments above. The commercial space is leased to Toast Café, a well-established local business that serves as a neighborhood destination, while the upper floors feature two one-bedroom apartments and one two-bedroom apartment, all currently occupied, providing immediate and diversified cash flow.

Positioned on a prominent corner, the property benefits from excellent visibility, strong pedestrian activity, and an attractive architectural presence enhanced by a celebrated exterior mural. The mural is protected by a recorded easement and will remain a permanent feature of the property, contributing to its unique identity and neighborhood character.

Located within one of West Philadelphia’s most dynamic corridors, 500 S 52nd Street is surrounded by an eclectic mix of restaurants, cafés, neighborhood retail, and dense residential housing, with convenient access to University City, Center City Philadelphia, SEPTA transit, and major employment centers.

Offering stable in-place income, minimal near-term capital needs, and an irreplaceable corner location, 500 S 52nd Street represents an exceptional opportunity for investors seeking a well-maintained, turnkey mixed-use asset in one of Philadelphia’s strongest urban investment markets.

INVESTMENT HIGHLIGHTS » » Fully stabilized 4-unit mixed-use investment » » Complete renovation completed in 2018 » » Fully leased with immediate cash flow » » Ground floor leased to Toast Café » » Three apartments above (two 1-bedroom units and one 2-bedroom unit) » » Prominent, highly visible corner location » » Protected exterior mural adds lasting architectural character » » Strong West Philadelphia location near University City, public transit, shopping, and neighborhood amenities » » Turnkey asset requiring minimal near-term capital investment

Property details

Property

Type
Mixed use
MLS type
Other
Status
Active under contract
Year built
1925
Lot
0.03
Original price
$725,000
MLS #
PAPH2663744

Interior

Features
Other, true
Heating
true, Other
Cooling
Other

Exterior & lot

Construction
Stone, Stucco, Vinyl Siding, Stone, Flat
Roof
Flat
Foundation
Stone
Lot
CMX2, 871572390

Schools

District
Philadelphia City School District

Utilities

Utilities
Other
Water
Other
Sewer
Other

Financial

Financial
BRIGHT_MAIN
Annual tax
$5,528
Parcel
871572390

Location

Subdivision
COBBS CREEK
Area
19143 (19143)
County
PHILADELPHIA-PA
Neighborhood
Cobbs Creek
Community
PHILADELPHIA-PA, BRIGHT_MAIN, PHILADELPHIA CITY

Location

Neighborhood
Cobbs Creek
Subdivision
COBBS CREEK
School district
Philadelphia City School District

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Listed by Nadia T Bilynsky, Mallin Panchelli Nadel Realty Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.