2647 Jasper St 3,950 SF 100% Leased Retail Building Philadelphia, PA 19125 $699,000 ($176.96/SF)

2647 Jasper Street presents a rare opportunity in the rapidly evolving Kensington neighborhood of Philadelphia. Offered at $699,000, this fully leased, mixed-use property combines storefront retail with residential components in a highly walkable urban setting. With multiple tenants and a strong rental history, it positions itself as an attractive investment for buyers seeking stable cash flow and long-term appreciation.
The building spans three stories and benefits from dual-use functionality, maximizing income potential from both commercial and residential leases. Located in a designated Opportunity Zone, investors may capitalize on favorable federal tax incentives, significantly enhancing after-tax returns. The site is well positioned near Philadelphia’s vibrant business and cultural corridors, just minutes from Center City, Fishtown, and Temple University, while also enjoying strong connectivity via SEPTA public transit and major regional highways.
Surrounding amenities include eclectic retail, popular dining spots, art venues, and dense residential development, creating consistent demand for both storefront and living spaces. These factors, together with its established occupancy and proven performance, make 2647 Jasper Street an asset that blends income stability with urban growth potential.