Philadelphia, PA 19146 2041 Wharton Street

2041 Wharton Street Philadelphia, PA - Image 12041 Wharton Street Philadelphia, PA - Image 22041 Wharton Street Philadelphia, PA - Image 3
Presented By: KW Empower
  • MLS# PAPH2488882
  • 06/04/2025
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  • SQFT • 700

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Welcome to 2041 Wharton Street, a prime mixed-use opportunity located in the heart of South Philadelphia. Zoned CMX-2, this two-story property features a ground-floor commercial space and two residential apartments aboveoffering strong potential for rental income and a wide range of commercial uses. The first-floor commercial unit spans approximately 700 square feet and currently requires a full renovation due to fire damage. However, the seller is including fully drawn renovation plans that reimagine the space with a refreshed storefront and a complete redesign of the upstairs into two modern two-bedroom apartmentsone of which is planned as a bi-level unit. As it stands, the second floor is configured as two residential apartments, ready for transformation. The proposed plans aim to optimize the layout by turning one of the units into a spacious bi-level with enhanced living space, while the other remains a well-designed, single-level two-bedroom unit. Both are ideal for long-term tenants in a growing South Philly corridor. Thanks to the CMX-2 zoning, the commercial space is incredibly versatile and well-positioned for a variety of permitted uses. Potential options include retail operations like clothing boutiques, grocery or convenience stores, fresh food markets, electronics shops, or pet supply stores. Service-based businesses such as salons, dry cleaners, daycare centers, business support services, funeral homes, and repair shops are also allowed. Food and beverage operations are welcome toowhether its a prepared food shop, sit-down restaurant, or take-out spot. The zoning even allows for professional and government offices. Whether youre an investor looking for your next value-add project or an entrepreneur aiming to create a live/work setup, 2041 Wharton Street offers an exceptional opportunity in a walkable, high-demand part of the city. With mixed-use flexibility, renovation plans already in hand, and strong zoning advantages, this property is ready for its next chapter.
Presented By: KW Empower

Interior Features for 2041 Wharton Street

Other Interior Features

Central Air Y/NNo
FlooringTile/Brick, Wood
Heating FuelNone
Heating Y/NYes
Hot WaterNatural Gas

General for 2041 Wharton Street

Acceptable FinancingCash
AccessibilityNone
Business TypeSupermarket/Grocery Store, Other/General Retail, Convenience Store/Gas, Day Care Facility, Hair Salon and Spa, Professional, Restaurant/Bar
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsUse GPS
HeatingNone
Lot Size Square Feet1105.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
ModificationTimestamp2025-06-04T16:43:17
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
Possession31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG114.58
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount4858.0
Tax Assessed Value347100.0
Tax Lot521
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningCMX2

Exterior for 2041 Wharton Street

Building Area Total2400.00
Car Parking Spaces
Land Assessed Value69420.00
Land Use CodeS30
Lot Dimensions37.00 x 64.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $275,000
MLS#PAPH2488882
List Date 06/04/2025
Property Type Commercial
Phone 703.929.4729
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