Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $625,000

  • Tax Amount

    1716.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    343

  • Water Source

    Public

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Listing Courtesy of Asif Gill , Homestarr Realty

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Turnkey Mixed-Use Opportunity on Bustling Ridge Ave – Prime for Restaurant + Residential/Commercial Use.

Unlock the potential of this versatile mixed-use building in one of Philadelphia’s rapidly appreciating corridors. Located on busy Ridge Avenue, this property offers high visibility and foot traffic in a neighborhood surrounded by single-family homes and new apartment developments.

First Floor – Restaurant Ready

Step into a fully equipped, turnkey restaurant space with all working commercial-grade equipment included. Whether you're an aspiring restaurateur or an experienced operator, this setup lets you hit the ground running in a high-demand dining area with limited competition and consistent local traffic.
Second Floor – Open-Use Flex Space

The spacious second floor was previously used as a church and offers a wide-open layout filled with natural light. It’s ready for easy conversion back to a residential apartment, office, studio, or expanded commercial use—giving you valuable income-generating potential.
Investment Highlights

•

2905 RIDGE AVENUE

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See attached documentations. Nine (9) non-housekeeping units with community kitchen for up to Sixteen (16) people. Property brings in a gross monthly income $12,500 on average. Annual Gross income $150,000. Property breakdown listed below: 

* Basement level: Room 1 $550 , Room 2 $400 , Room 3 $400, Room 4 $600, Room 5 $600 , Room 6 $400 , Room 7 $400 , Room 8 $400 , Room 9 $700 Studio with Full Bathroom. In addition, there are 2 full and Half Bathroom for communal use. 

*Firs Floor : 1br 1ba Apt $800 , Office including full bathroom $2500 (Owner Occupied) , 2Br 1Ba $1100.

*Second Floor:  Room 1 $500 , Room 2 $500 , Room 3 $400 , Room 4 $450 , Room 5 $500 , Room 6 $400 , Room 7 $400 , Room 8 $500. There are 2 full bathrooms for communal use.

* (2)Newer Water Heater Tanks, Rubber Roof Installed in 2018, New Sewer Line to the curb installed in 2023. Fire Alarm System. There are 4 Fire exits.  Each Room is heated by its own Electric Fan Blower heater. 

* 200AMP Service. 2 Electrical Meters. One services the 2br 1ba Unit located on the 1st floor. Second meter services the whole building. 

Expenses: 
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Water: 275/mo Avg
Electric: $650/Mo Avg
Pest Control: $65 every 6 months. 
NO GAS.
Trash: $300/Yr
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Unique Opportunity in Northern Liberties!   This local bar owner is looking forward to retirement.  The property is 3 stories high and has a great view of the city skyline.   The additional 3 parcels could be used for a restaurant addition, or a developer for mixed use or residential development. Strong demographics with rising property values. Taxes listed are for all parcels.  Priced to sell.  Liquor License can be sold separately.
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Rare opportunity to acquire six consecutive, RM-1 zoned lots in a surging area of West Philadelphia—shovel-ready and fully cleared. Located just one block off the bustling Lancaster Avenue commercial corridor, this stretch of Warren Street is surrounded by new construction, strong rental demand, and major development momentum.

This site comes with professional site planning and preliminary architectural renderings that support a 24-unit multifamily building. The proposed mix includes studios, 2-bedroom, and 3-bedroom units—perfectly suited for the neighborhood’s growing demand for workforce housing and student housing.

Positioned within a Qualified Opportunity Zone (QOZ) and eligible for accelerated depreciation, this is an ideal project for long-term investors looking to build equity and generate significant tax benefits. (Buyers should consult their tax professional.)

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6 contiguous lots (5117–5127 Warren St) zoned RM-1

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