549 N 12th St, Philadelphia, PA 19123

Philadelphia
Local realty services provided by:ERA Reed Realty, Inc.
549 N 12th St,Philadelphia, PA 19123
$539,900
  • 1 Beds
  • - Baths
  • 2,441 sq. ft.
  • Multi-family
  • Active
Listed by: eli qarkaxhia, mark weinberg
Office: compass pennsylvania, llc.
MLS#:PAPH2557172
Source:BRIGHTMLS

Price summary

  • Price:$539,900
  • Price per sq. ft.:$221.18

About this home

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...

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Home facts

  • Year built:1920
  • Listing ID #:PAPH2557172
  • Added:142 day(s) ago
  • Updated:March 30, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:1
  • Flooring:Luxury Vinyl Plank
  • Living area:2,441 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1920
  • Building area:2,441 sq. ft.
  • Lot area:0.02 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Brick, Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$539,900
  • Price per sq. ft.:$221.18
  • Tax amount:$4,913 (2025)

Parking

  • Parking description:On Street

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