2041 WHARTON ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19146
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $114
MLS Listing ID PAPH2488882
Year Built 1923
Annual Tax Amount $4,858
Tax Year 2024
Lot Size 1,105 Sqft
Acres 0.03
Lot Dimensions 37.00 x 64.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Welcome to 2041 Wharton Street, a prime mixed-use opportunity located in the heart of South Philadelphia. Zoned CMX-2, this two-story property features a ground-floor commercial space and two residential apartments above—offering strong potential for rental income and a wide range of commercial uses. The first-floor commercial unit spans approximately 700 square feet and currently requires a full renovation due to fire damage. However, the seller is including fully drawn renovation plans that reimagine the space with a refreshed storefront and a complete redesign of the upstairs into two modern two-bedroom apartments—one of which is planned as a bi-level unit.
As it stands, the second floor is configured as two residential apartments, ready for transformation. The proposed plans aim to optimize the layout by turning one of the units into a spacious bi-level with enhanced living space, while the other remains a well-designed, single-level two-bedroom unit. Both are ideal for long-term tenants in a growing South Philly corridor.
Thanks to the CMX-2 zoning, the commercial space is incredibly versatile and well-positioned for a variety of permitted uses. Potential options include retail operations like clothing boutiques, grocery or convenience stores, fresh food markets, electronics shops, or pet supply stores. Service-based businesses such as salons, dry cleaners, daycare centers, business support services, funeral homes, and repair shops are also allowed. Food and beverage operations are welcome too—whether it's a prepared food shop, sit-down restaurant, or take-out spot. The zoning even allows for professional and government offices.
Whether you're an investor looking for your next value-add project or an entrepreneur aiming to create a live/work setup, 2041 Wharton Street offers an exceptional opportunity in a walkable, high-demand part of the city. With mixed-use flexibility, renovation plans already in hand, and strong zoning advantages, this property is ready for its next chapter.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating None
Cooling None
Flooring Tile/Brick,Wood
Heat Source None
Exterior
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871167400
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard