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They don't make buildings like 141 League Street anymore. Set on a quiet Queen Village side street one block off Front Street, this circa-1900 masonry landmark rises three stories behind a dramatic pedimented facade "” oversized industrial windows, private roof deck, and a full passenger elevator, a combination nearly impossible to find in one of Philadelphia's most desirable historic neighborhoods. The 10,206 SF building is 100% leased to two long-standing tenants (creative publisher, floors 1-2; established salon, floor 3) producing $112,403 in scheduled income "” an approx. 6.8% in-place yield on a net-effective basis, rising by contract in 2027. The upside is defined: both leases expire 1/31/2028 with in-place rents around $13/SF vs. estimated market rents of $20-$24/SF, giving the next owner a clear path to materially higher income "” re-lease at market, renew, or occupy 5,800 SF (57%) as an owner-user with SBA financing and rental income offsetting carry. Median household income of $97,514 within one mile, 395,000+ residents within three, pedestrian rating 100, and I-95 a tenth of a mile away. A fully leased income property today, a mark- to-market event in 18 months, and a trophy Queen Village asset forever. Offered at $1,650,000.
| DAYS ON MARKET | 0 | LAST UPDATED | 8/5/2026 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | 19147 (19147) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19147 (19147) |
| HEAT | Electric, Heat Pump |
| LOT | 3485 sq ft |
| LOT DIMENSIONS | 62.00 x 54.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 17259 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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