1540 SOUTH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19146
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,920 sqft
Price per Sqft $289
MLS Listing ID PAPH2436848
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $10,156
Tax Year 2024
Lot Size 1,088 Sqft
Acres 0.02
Lot Dimensions 16.00 x 68.00
Property Sub-Type Mixed Use
Property Description
Rarely offered, this 4-story brick-front building includes more than 2,900 sq. ft. of above-ground living and commercial/retail space, situated on one of the most desirable blocks of South Street. 1540 South St. offers a store on the main/street level, a 1-bedroom apartment on the second floor, and a bi-level 2-bedroom apartment on the third and fourth floors. The second-floor apartment has its own private balcony at the rear, and the bi-level apartment features a private deck. The store and both apartments are equipped with central air conditioning. The entire property is occupied by long-term tenants.
Note that the store has a private entrance, separate from the apartments. Even better, the store boasts a large bay window, ideal for display on the high-traffic 15th block of South Street. The store also offers high ceilings, a private office area, a powder room, and a small backyard. The property has a full basement, accessible from both the store and the street through Bilco doors.
The second-floor 1-bedroom apartment is bright, boasts hardwood floors, and includes a private balcony at the rear. The top bi-level 2-bedroom apartment is modern, bright, and boasts a skylight, hardwood floors, and a large private deck. Note that the roof, where some mechanicals are located, can be accessed via a pull-down stair.
This unique property was custom rehabbed in the 1980s by an architect who ensured that every part of the property receives ample daylight. This feature is even felt in the main staircase, which accesses the apartments and charms with an exposed brick wall. Even better, the property offers a generous amount of storage space in each unit.
Own a one-of-a-kind 4-story building right next to the historic Royal Theatre, surrounded by numerous restaurants, shops, and everything that Rittenhouse Square, Graduate Hospital, and Broad Street have to offer. Learn more about 1540 South St. today.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Interior
Hot Water Natural Gas,Electric
Heating Central,Forced Air
Cooling Central A/C
Heat Source Natural Gas,Electric
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 871134800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard