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1108 Pine St
For Sale $2,450,000 ($583.33 per Sq Ft)
$2,450,000 ($583.33 per Sq Ft)
- 4 Units
- 4,200 Sq Ft
- 2,020 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,450,000 |
| Property Type | Other |
| Usable Sqft | 4,200 |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1968 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871001500 |
| MLS # | PAPH2356374 |
| Property ID | 320506239 |
| Lot Sqft | 2,020 |
| Zoning | CMX1 |
| Total Units | 4 |
| Days on Market | 584 |
| Original List Price | Unknown |
| Date Updated | November 19, 2025 |
| Date Created | May 16, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Michael A. Kelczewski an agent of .
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Data last updated: December 21, 2025.
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Robert Crawford
REAL ESTATE AGENT