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PRICE $1,250,000 SIZE 4,500 sqft LOT SIZE 872 sqft Request More Info Schedule a Showing

1557-1559 N 29th Street is a three-story corner mixed-use offering in Philadelphia's Brewerytown/Sharswood corridor, assembled and priced as one investment: six income units total "” five residential rentals across the second and third floors, positioned over a ground-floor commercial unit that carries a liquor license. The work has already started. 1557 has been totally remodeled "” kitchen, baths, flooring, paint, and mechanicals "” and carries a rental value of approximately $2,750 per month. That means the asset begins producing at closing instead of waiting on a full-building renovation, and it sets a finish standard the remaining units can be built to. The ground-floor corner unit is the piece that cannot be recreated. It holds a liquor license and enjoys two full street frontages, giving an operator signage, daylight, and walk-in visibility on both sides of the corner. Philadelphia County liquor licenses are quota-restricted, so acquiring the building acquires the entitlement along with it "” a bar, restaurant, bottle shop, or café concept can be programmed here without hunting the license market. Above the storefront, the second and third floors support a five-unit residential configuration in a mix of two-bedroom and one-bedroom layouts. With 1557 complete and stabilized, an investor can phase the remaining units on their own schedule, matching capital to lease-up rather than committing to everything at once. Separate rear access keeps the residential circulation independent from the commercial entrance. Artistic architectural renderings of the corner reimagined with a modern facade "” full-height glazing, warm wood and charcoal cladding, restored brick above, and a steel entry canopy "” are included with the marketing package to illustrate the repositioning upside. Offered at $1,250,000. Please note that 1557 N 29th Street is also listed separately on the MLS "” it can be pursued individually or acquired together with 1559 as this assemblage. Contact the listing agent to confirm which structure applies to your offer. Investors, owner-operators, and hospitality groups: this is a rare combination of completed work, remaining upside, and a conveying liquor license on a hard corner. Contact the listing agent for the rent roll, pro-forma, and private showing instructions. Unit count, zoning, and license transfer to be verified by buyer; license transfer subject to PLCB approval.