Rare opportunity to own a zoned restaurant triplex directly on South Street, one of Philadelphia’s most recognizable and high-traffic commercial corridors. This property offers three income-producing units with significant value-add potential for investors, developers, or owner-operators.
The ground-floor commercial space is a former restaurant, featuring tiled floors, commercial kitchen infrastructure, hood/exhaust system, utility connections, and a street-facing layout ideal for food, retail, or service use (buyer to verify zoning and permitted uses). The space is currently vacant and ready for renovation or re-concepting.
Above the commercial space are two (2) one-bedroom, one-bath apartments, each with spacious living areas, full kitchens, and good natural light. One unit features hardwood flooring and a private rear deck, while the other offers a functional layout with ample storage. Both residential units are in livable but dated condition, presenting a clear opportunity to increase rents through cosmetic updates.
The income description goes here to explain
| List Price | $975,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 1,920 |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871138250 |
| MLS # | PAPH2577986 |
| Property ID | 322544600 |
| Lot Sqft | 931 |
| Zoning | CMX2 |
| Total Units | 3 |
| Days on Market | 19 |
| Original List Price | Unknown |
| Date Updated | February 03, 2026 |
| Date Created | January 23, 2026 |
Phillip T Renninger an agent of . Lic #RS310427
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT