2201 N Woodstock St,PHILADELPHIA, PA 19132
PHILADELPHIA, PA 19132
Description
Exceptional mixed-use investment opportunity in the heart of North Philadelphia's rapidly developing Allegheny West neighborhood. Offering over 1,700 square feet of commercial space plus two 1-bedroom, 1-bathroom residential units above, this property presents multiple avenues for income generation and long-term value appreciation. The expansive commercial storefront was previously operated as both a Caribbean restaurant and a water ice business simultaneously, demonstrating the flexibility of the layout and its potential to accommodate multiple business concepts. The commercial space may offer the possibility to be divided for separate uses, creating additional opportunities for future operators or investors. Above the commercial space are two separate 1-bedroom, 1-bathroom apartments, providing additional rental income potential. Whether you're an investor seeking a mixed-use asset, an entrepreneur looking to operate your own business while generating residential rental income, or a buyer searching for a value-add opportunity, this property offers tremendous upside. The property does require renovations and improvements, making it an ideal project for investors and developers looking to maximize returns through strategic updates and repositioning. Conveniently located near major transportation routes, public transit, shopping, schools, and neighborhood amenities, the property is situated in an area experiencing ongoing investment and redevelopment activity. Its prominent location and mixed-use zoning potential make it an attractive addition to any real estate portfolio. Property is being sold in as-is condition. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and any future development opportunities.
Details
| MLS # | PAPH2640912 |
|---|---|
| Listing Type | For Sale |
| Building Name | WATER ICE AND RESTAURANT |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 75 |
| Listing Provided By | KW Empower | Katjya Pollard |
Features
| Units | 2 |
|---|---|
| Zoning | CMX1 |
| Acreage | 0.02 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric, Baseboard - Hot Water, Hot Water, Hot Water & Baseboard - Electric |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Public |
Taxes
| Tax Annual Amount | 1639 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19132 (19132) |
| Community Name | NORTH CENTRAL |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in NORTH CENTRAL) | |
Price: $550,000 low | high Med: $115,500 On site: 75 low | high Med: 873 | |
Market Activity 19132
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19132 (19132) |
| Community Name | NORTH CENTRAL |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in NORTH CENTRAL) | |
Price: $550,000 low | high Med: $115,500 On site: 75 low | high Med: 873 | |
