1,072 Sqft Lot
1,072 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
Subdivision East Passyunk Crossing
MLS Listing ID PAPH2625298
Year Built 1915
Available Date 2026-05-30
Annual Tax Amount $10,154
Tax Year 2025
Lot Size 1,072 Sqft
Acres 0.02
Lot Dimensions 16.00 x 67.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Positioned along one of the most recognizable and vibrant commercial corridors in the city, this offering presents enormous potential for an owner occupant, investor, restaurateur, developer, or mixed-use visionary looking to establish themselves in one of Philadelphia's strongest neighborhood markets.
The offering includes 1637 E Passyunk Ave and 1632 S Jessup Street (First Listing $1,500,000 - MLS: PAPH2625246) along with 1639 E Passyunk Ave (Second Listing $2,000,000 - MLS: PAPH2625298), with flexibility for certain parcels to potentially be sold separately or together for $3,500,000. Combined, the properties create an expansive footprint rarely offered along the Avenue and provide a unique blend of commercial, residential, hospitality, and redevelopment possibilities.
1637 E Passyunk Ave serves as the centerpiece commercial property and main entrance to the restaurant operation. The first floor offers substantial restaurant seating space, 2 bathrooms, and its own basement area for additional storage, prep, or operational needs. Above, the second and third floors house a spacious owner's residence featuring 3 bedrooms and 2 full baths with the potential to be transformed into 2 separate units. The residential space offers flexibility for owner occupancy, staff housing, rental income, office use, or expanded hospitality concepts.
1632 S Jessup Street historically functioned as the operational kitchen for the restaurant and adds additional versatility to the offering. The upper level currently hosts a private chef's kitchen and dining area with its own bathroom. This space can continue as hospitality support space or potentially transition into a studio residential unit, office, creative, or administrative space depending on a buyer's vision.
1639 E Passyunk Ave offers additional restaurant or commercial seating space on the first floor along with 2 bathrooms and its own private basement. Above the commercial space are three residential apartments, including two spacious 2-bedroom units and one 1-bedroom apartment, creating strong income-producing potential in one of Philadelphia's most consistently desirable rental and commercial markets.
Situated in the heart of East Passyunk Crossing neighboring Passyunk Square, these properties benefit from being part of one of Philadelphia's most celebrated neighborhood communities. The East Passyunk corridor is nationally recognized for award-winning restaurants, boutique shopping, coffee houses, nightlife, community events, and a highly walkable city lifestyle. Ownership also places these properties within the Passyunk Avenue Business Improvement District (B.I.D.), providing additional value through corridor beautification, marketing initiatives, business advocacy, maintenance, and continued investment into the Avenue's vitality.
With expansive square footage spread across commercial storefronts, restaurant infrastructure, residential apartments, basement spaces, and flexible auxiliary areas, the possibilities here are substantial. Opportunities of this scale and prominence along East Passyunk Avenue are exceptionally rare. Whether continuing a hospitality concept, repositioning the mixed-use assets, expanding residential income opportunities, or reimagining the properties entirely, this is a chance to become part of one of Philadelphia's most dynamic and successful neighborhood corridors.
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Hot Water, Radiator
Cooling Wall Unit
Inclusions Negotiable
Equipment Negotiable
Heat Source Natural Gas
Exterior
Water Access N
View City, Street
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871558550
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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