Photo of 549 N 12th Street, Philadelphia PA
     
549 N 12th Street
Spring Garden
Philadelphia, PA 19123
19123 Northern Liberties
The School District Of Philadelphia
Philadelphia County
Asking Price$539,900
# of Units2
1 Bdrm Units1
Acres0.02
Interior SqFt2,441
Age106
HeatingNatural Gas
CoolingCentral A/C
WaterPublic
SewerPublic
Garages0
Taxes (2025)4,913

Description
Discover an incredible opportunity in the heart of Spring Garden with this mixed-use property—perfect for investors or owner-occupants looking to make their mark. The property features a commercial space, most recently used as a restaurant, on the main level and a large one-bedroom apartment above, which will soon be available for rent The commercial space offers a versatile footprint with existing electrical infrastructure and restaurant framework in place—ready for a full build-out or renovation to suit your needs. Currently, the commercial space is occupied by a tenant on a month-to-month lease, paying $4,000 per month and covering approximately 80% of the property’s expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end user’s immediate use. An optional liquor license is also available for purchase, offered separately at $150,000—providing an excellent value for anyone looking to operate a restaurant, bar, or café. The seller is open to selling the property as-is or completing a custom build-out for the right buyer, subject to the extent of the project/terms. Whether you’re seeking an income-generating investment or an inviting opportunity to bring your business vision to life, this property offers flexibility, prime positioning, and long-term potential.

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Details
Architectural Type - Contemporary
Flooring - Luxury Vinyl Plank
Exterior Features - Masonry, Brick
Cooling - Central A/C, Electric
Heating - Forced Air, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 0
Latitude : 39.962849
Longitude : -75.157310
EveryHome Number : APH255-51107
Listing Courtesy Compass Pennsylvania, LLC
Zoning Designation CMX1