840 E Atlantic St, Philadelphia, PA 19134

$609,900

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List Price: $609,900
Days on Market: 15
Status: ACTIVE
MLS#: PAPH2647652
Lot Size (Acres): 0.05
Year Built: 1950
County: Philadelphia
School District: Philadelphia City

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Property Description

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.

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