616 S 3RD ST, Philadelphia, PA 19147

Property Description

Purchase a fully operational turnkey commercial + residential building in the heart of Queens Village one block from South Street. Property has received approved zoning to expand to a total of 3 residential + commercial units. Currently occupied by a longtime neighborhood establishment, the coffee shop owners are currently on a month-to-month lease. Both commercial and residential units can be delivered vacant with the possibility to negotiate new lease terms with the current tenants. Along with its exceptional development opportunity, this already cash flowing project sits within the highly coveted Meredith School Catchment and includes a rear parking lot on Orianna St to accommodate up to 3 vehicles. Book your showing today!

Listing Status:

Active

Date Added:

February 12, 2026

Data Last Updated:

February 13, 2026 at 7:20PM

Listing Office:

Giraldo Real Estate Group : 2157450101

Listing Agent:

Jan Lawrence Watson : 2677099516

MLS ID:

PAPH2576982

Interior

• A/C: Zoned
• Heating: RadiantNatural Gas
• Disability Feature: 2+ Access Exits

Exterior

• Parking: PrivatePaved ParkingFenced

Construction

• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX2871281550

Utilities

• Utilities: 200 amp service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN