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1110 South St 10,204 SF 100% Leased Retail Building Philadelphia, PA 19147 $2,250,000 ($220.50/SF)



Executive Summary
1110-12 South Street | 8-Unit Mixed-Use Investment Property | Philadelphia, PA
Offered for sale at $2,250,000, 1110-12 South Street presents an excellent opportunity to acquire a well-positioned mixed-use investment property in one of Philadelphia’s most recognizable and walkable commercial corridors.
The property is comprised of 8 total units, including one commercial/retail storefront, one spacious 3-bedroom residential unit, and six 1-bedroom residential units. This diversified unit mix offers multiple income streams, combining street-level retail exposure with highly rentable residential apartments above.
Located directly on South Street, the building benefits from exceptional visibility, steady pedestrian activity, and convenient access to some of Philadelphia’s most desirable neighborhoods, including Washington Square West, Bella Vista, Graduate Hospital, Society Hill, and Center City. The location is ideal for both residential tenants and commercial users, offering the type of walkable urban lifestyle that continues to drive rental demand in Philadelphia.
Residents and tenants are within walking distance of everyday conveniences including ACME, Whole Foods Market, restaurants, cafés, shopping, fitness options, nightlife, and neighborhood services. The property is also well-served by public transportation, making it convenient for tenants commuting throughout Center City, University City, South Philadelphia, and surrounding neighborhoods.
With a highly desirable South Street address, strong residential demand, and a flexible mixed-use layout, 1110-12 South Street is well-suited for investors seeking a stabilized income-producing asset with long-term upside. The commercial storefront provides valuable retail presence along a known Philadelphia corridor, while the residential units offer broad appeal to renters seeking convenience, walkability, and access to everything Center City has to offer.
This is a rare opportunity to purchase an 8-unit mixed-use property in a high-traffic, highly walkable Philadelphia location where units rent easily and demand remains strong.
Investment Highlights
Offered at $2,250,000
8 total units
1 commercial/retail storefront
1 three-bedroom residential unit
6 one-bedroom residential units
Prominent South Street location
Strong mixed-use income potential
Highly walkable neighborhood with everyday conveniences nearby
Walking distance to ACME, Whole Foods, restaurants, shopping, and local services
Convenient access to SEPTA and Center City transportation options
Attractive unit mix with multiple income streams
Excellent investor opportunity in a proven Philadelphia rental corridor. 100% occupancy
Location Overview
1110-12 South Street is located along one of Philadelphia’s best-known commercial and residential corridors. The surrounding area offers a vibrant mix of retail, restaurants, grocery stores, entertainment, public transportation, and dense residential demand. With its central location, strong walkability, and proximity to major Philadelphia neighborhoods, the property is positioned to appeal to both residential tenants and commercial occupants.
Offered for sale at $2,250,000, 1110-12 South Street presents an excellent opportunity to acquire a well-positioned mixed-use investment property in one of Philadelphia’s most recognizable and walkable commercial corridors.
The property is comprised of 8 total units, including one commercial/retail storefront, one spacious 3-bedroom residential unit, and six 1-bedroom residential units. This diversified unit mix offers multiple income streams, combining street-level retail exposure with highly rentable residential apartments above.
Located directly on South Street, the building benefits from exceptional visibility, steady pedestrian activity, and convenient access to some of Philadelphia’s most desirable neighborhoods, including Washington Square West, Bella Vista, Graduate Hospital, Society Hill, and Center City. The location is ideal for both residential tenants and commercial users, offering the type of walkable urban lifestyle that continues to drive rental demand in Philadelphia.
Residents and tenants are within walking distance of everyday conveniences including ACME, Whole Foods Market, restaurants, cafés, shopping, fitness options, nightlife, and neighborhood services. The property is also well-served by public transportation, making it convenient for tenants commuting throughout Center City, University City, South Philadelphia, and surrounding neighborhoods.
With a highly desirable South Street address, strong residential demand, and a flexible mixed-use layout, 1110-12 South Street is well-suited for investors seeking a stabilized income-producing asset with long-term upside. The commercial storefront provides valuable retail presence along a known Philadelphia corridor, while the residential units offer broad appeal to renters seeking convenience, walkability, and access to everything Center City has to offer.
This is a rare opportunity to purchase an 8-unit mixed-use property in a high-traffic, highly walkable Philadelphia location where units rent easily and demand remains strong.
Investment Highlights
Offered at $2,250,000
8 total units
1 commercial/retail storefront
1 three-bedroom residential unit
6 one-bedroom residential units
Prominent South Street location
Strong mixed-use income potential
Highly walkable neighborhood with everyday conveniences nearby
Walking distance to ACME, Whole Foods, restaurants, shopping, and local services
Convenient access to SEPTA and Center City transportation options
Attractive unit mix with multiple income streams
Excellent investor opportunity in a proven Philadelphia rental corridor. 100% occupancy
Location Overview
1110-12 South Street is located along one of Philadelphia’s best-known commercial and residential corridors. The surrounding area offers a vibrant mix of retail, restaurants, grocery stores, entertainment, public transportation, and dense residential demand. With its central location, strong walkability, and proximity to major Philadelphia neighborhoods, the property is positioned to appeal to both residential tenants and commercial occupants.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,204 SF
Building Class
C
Year Built
2016
Price
$2,250,000
Price Per SF
$220.50
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
4.88
Lot Size
0.05 AC
Zoning
CMX2 - Zoning is for neighborhood-serving retail and service use. It allows for a mix of commercial and residential uses, with some requiring special permits
Frontage
27’ on South St
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 881515610 | Improvements Assessment | $1,417,500 |
| Land Assessment | $157,500 | Total Assessment | $1,575,000 |
Property Taxes
Parcel Number
881515610
Land Assessment
$157,500
Improvements Assessment
$1,417,500
Total Assessment
$1,575,000
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1110 South St
