$1,250,000

1557-1559 N 29TH ST, Philadelphia, PA 19121

  • Property Icon other
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
September 24, 2026 at 7:17AM
Listing Office:
Opulent Realty Group LLC : 6102063955
Listing Agent:
Amyia Saihra Mccarthy : 3145849164
MLS ID:
PAPH2667890
  • A/C: Central A/C
  • Heating: CentralForced AirNatural Gas
  • Disability Feature: Level Entry - Main
  • Eco/Green Feature: AppliancesFlooringHvac
  • General: MasonryBlock
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: CMX2882038430
  • Utilities: Electric availableMultiple phone linesNatural gas availableSewer available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Amyia Saihra Mccarthy , Opulent Realty Group LLC

Monthly Payment

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  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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