Property now VACANT ! 840 E. Atlantic Street presents a unique opportunity for investors, developers, and owner-users to acquire a versatile CMX-2 zoned property in the growing Harrowgate neighborhood of Philadelphia. Encompassing approximately 4,700 square feet, the property is currently operating as a boxing and fitness facility, offering immediate functionality for fitness-related use or adaptability for a wide range of commercial applications, including retail, office, medical, professional services, or creative workspace.For owner-users, this property provides the opportunity to establish and grow a business in a well-positioned location while building equity through ownership rather than leasing. For investors and developers, the CMX-2 zoning offers significant value-add potential through leasing, repositioning, redevelopment, or mixed-use conversion, allowing for multiple investment strategies.The property's generous size, flexible layout, and desirable zoning create exceptional long-term potential. Located within an area experiencing continued revitalization and investment, and offering convenient access to major transportation routes and commercial corridors, 840 E. Atlantic Street is a strategic acquisition with both immediate income-producing potential and future redevelopment opportunities.
| MLS # | PAPH2647652 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1950 |
| Days On Site | 83 |
| Listing Provided By | Quality Real Estate-Broad St | Celenia Martinez |
| Zoning | CMX2 |
|---|---|
| Acreage | 0.05 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Roof | Flat |
|---|---|
| Security Features | Carbon Monoxide Detectors, Surveillance Sys, Smoke Detector, Window Grills |
| Construction Materials | Masonry |
| Foundation Details | Brick/Mortar |
| Garage Yes / No | No |
|---|
| Utilities | Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Propane - Community, Sewer Available, Water Available |
|---|
| Tax Annual Amount | 2911 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19134 |
| Area | 19134 (19134) |
| Community Name | HARROWGATE |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in HARROWGATE) | |
Price: $609,900 low | high Med: $92,500 On site: 83 low | high Med: 194 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19134 |
| Area | 19134 (19134) |
| Community Name | HARROWGATE |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in HARROWGATE) | |
Price: $609,900 low | high Med: $92,500 On site: 83 low | high Med: 194 | |