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Bobbi Farquhar

[email protected] +1(301) 752-3088

Listed by Robin M. Martin • KW Empower

$ 275,000

Est. payment -/mo

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2041 WHARTON ST Philadelphia, PA 19146

2,400 SqFt

UPDATED:

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

Bobbi Farquhar

Advisor | License ID: 603292

+1(301) 752-3088

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