840 E Atlantic St, Philadelphia, PA 19134

$609,900

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List Price
$609,900
Days on Market
70
Status
ACTIVE
MLS#
PAPH2647652
Lot Size (Acres)
0.05
Year Built
1950
County
Philadelphia
School District
Philadelphia City

Property Description

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.

Additional Information

Area
19134 (19134)
Subdivision
Harrowgate
School District
Philadelphia City
Flooring
Concrete, Tile
Heating
Forced Air
Cooling
Central Air
Roof
Flat
Utilities
Cable Available, Electric Available, Natural Gas Available, Phone Available, Propane - Community, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

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Listing courtesy of Quality Real Estate-Broad St. Contact: