1108 PINE ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19107
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $583
Subdivision Washington Sq West
MLS Listing ID PAPH2355988
Year Built 1968
Annual Tax Amount $7,872
Tax Year 2025
Lot Size 2,020 Sqft
Acres 0.05
Lot Dimensions 20.00 x 101.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Investor Alert – Prime Mixed-Use Opportunity in Washington Square West.An extensively renovated and well-located mixed-use property is now available in the heart of Washington Square West's Antique Row, directly overlooking the lush Kahn Park. This rare offering blends timeless location with modern upgrades, delivering both lifestyle appeal and long-term investment potential.The property features 2,500+ sq ft of ground-level commercial space, currently built out as an art gallery. With flexible CMX1 zoning, the layout can be easily adapted to retail, studio, or professional office use, capturing strong projected commercial rents. Upstairs, you'll find four fully renovated one-bedroom, one-bathroom apartments, each separately metered and featuring newer HVAC systems (2022), modern finishes, and updated layouts ideal for urban renters.Total building size exceeds 4,200 sq ft, and recent tax abatement approval further enhances long-term return potential. While current residential leases generate steady income, full lease-up and commercial occupancy could position this property at a projected revenues, in line with prime Center City mixed-use comparables.Additional amenities include a rear parking space (or patio conversion opportunity), bamboo and tile flooring, modern fire/security systems, and unbeatable walkability to Seger Park, Whole Foods, Tria, Mixto, Bleu Sushi, SEPTA transit, and more.Highlights:.Fully renovated mixed-use building (2022 systems),Projected gross income: $150,000+,Tax abatement in place, Located in one of Philadelphia's most desirable, high-foot-traffic corridors,Rare value-add commercial vacancy in turnkey condition, Zoned CMX1 with flexible use potential,1108 Pine St is ideal for 1031 exchange buyers, long-term investors, or owner-operators seeking prestige and upside in Philadelphia's urban core.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C,Ductless/Mini-Split
Flooring Bamboo,Tile/Brick
Heat Source Natural Gas,Electric
Exterior
Garage Spaces 1.0
Water Access N
View City
Roof Type Flat
Accessibility None
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871001500
Ownership Fee Simple
SqFt Source Assessor
Security Features Exterior Cameras,Fire Detection System,Electric Alarm,Smoke Detector,Security System
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=479e_IN2ZIw