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274 S 20th St
For Sale $1,699,000
$1,699,000
- Units
- Unknown Sq Ft
- 1,032 Sq Ft
- Unknown Cap Rate
Description
Located on the southeast corner of 20th and Spruce Street, one block from Rittenhouse Square Park, 274 S 20th Street is a well maintained three story mixed use building in the heart of Center City’s most prestigious neighborhood.
The first and second floors together with the lower level are occupied by the established Heng Feng Restaurant under a secure long term lease. Additionally, discussions regarding a potential buyout of the commercial tenant may be considered, providing an investor the opportunity to deliver the building fully vacant if desired. The tenant is responsible for nearly all operating expenses, providing stable and essentially passive commercial income. The third floor consists of a three bedroom one bath apartment featuring hardwood floors and central air. Currently occupied by the owner’s family, the unit will be delivered vacant at settlement and can immediately achieve market rent conservatively estimated at $2,500 per month. Zoned CMX5 with excellent visibility and surrounded by Philadelphia’s premier retail, dining, and corporate addresses, the property sits within easy walking distance of the city’s core business district, 30th Street Station, Suburban Station, the Schuylkill River Park and trail system, and the region’s top hospitals and universities. Residents and tenants enjoy immediate proximity to Philadelphia’s finest restaurants including Parc, Rouge, Barclay Prime, and Vernick, all within a few blocks.
This property offers an outstanding opportunity to acquire a cash flowing asset in one of the city’s most sought after locations.
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 | $1,699,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1800 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882011960 |
| MLS # | PAPH2560690 |
| Property ID | 321281573 |
| Lot Sqft | 1,032 |
| Zoning | CMX2 |
| Days on Market | 24 |
| Original List Price | Unknown |
| Date Updated | December 06, 2025 |
| Date Created | November 30, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jaiden Makhoul an agent of Compass Pennsylvania, LLC. Lic #RS377095
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Data last updated: December 24, 2025.
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Robert Crawford
REAL ESTATE AGENT