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626 S 12th St
Philadelphia, PA 19147
Formans Pawn Shop - Business and Property · Retail Property For Sale

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EXECUTIVE SUMMARY

Fourth generation BUSINESS and PROPERTY for sale. Forman's Pawn Shop is one of the oldest, family-owned pawn shops in the country and began right here at this location, 626 S 12th St, in 1938! 626 S 12th street is a mixed-use property with pawn shop on the ground floor and two residential units above with long-time tenants, as well as a roof deck. Both units are 2 bed, 1 bath. Please inquire for details on both the property and business - combined sale price of $4,300,000.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,686 SF
Building Class
C
Year Built
1900
Price
$4,300,000
Price Per SF
$1,166.58
Business Value
$3,300,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.15
Lot Size
0.03 AC
Zoning
R10 - RM1 zoning
Frontage
18’ on 12th St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
871282050
Land Assessment
$154,060
Improvements Assessment
$616,240
Total Assessment
$770,300
  • Listing ID: 37415088

  • Date on Market: 8/25/2025

  • Last Updated:

  • Address: 626 S 12th St, Philadelphia, PA 19147

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Formans Pawn Shop - Business and Property | 626 S 12th St

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