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Listed by Grace Velez • Mendez Homes and Investments
$374,900
Est. payment /mo
3,049 Sqft Lot
New
501 RISING SUN AVE Philadelphia, PA 19140
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Hunting Park
MLS Listing ID PAPH2657262
Annual Tax Amount $1,171
Tax Year 2026
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Rare opportunity to acquire three separately deeded CMX-2 parcels consisting of one mixed-use commercial building and two adjoining side-by-side lots offering parking for approximately 6 to 10 vehicles, a covered outdoor entertainment pavilion, and endless possibilities for an owner-occupant, investor, or business owner.
The vacant commercial storefront enjoys excellent visibility along a high-traffic corridor, making it an ideal location for a variety of businesses. The space features a storefront entrance, a half bath, access to a large unfinished basement for storage, and a direct interior connection to the first-floor apartment. The connecting door can remain for added flexibility or be closed off to create two completely separate spaces. The commercial basement also features direct exterior access through bulkhead (Bilco-style) doors, allowing equipment, inventory, or other large items to be moved in and out without passing through the storefront.
The 1st floor apartment offers a welcoming layout beginning with a foyer that opens into the living room and kitchen. Just beyond the kitchen is a full bathroom with a vanity, toilet, and shower, followed by a spacious bedroom with a large closet. A deck off the apartment provides outdoor space with stairs leading directly to the adjoining lots. The apartment is currently rented for $900 per month on a month to month lease.
The 2nd floor apartment features 2 spacious bedrooms, a comfortable living room, dining room, and a kitchen enhanced by a skylight that fills the space with natural light. Both bedrooms offer generous closet space. This apartment also includes two decks, one off the kitchen and another off the living room with a built-in bench, providing additional outdoor living space. Stairs from the deck also lead directly to the adjoining lots.
The building offers expansive unfinished basement space, with one section beneath the commercial storefront and another beneath the residential units, providing abundant storage and utility space. Utilities are currently serviced through a single electric meter, gas meter, and water service for the entire property.
The two adjoining lots have been transformed into a unique outdoor entertainment area centered around a covered pavilion. The space features a bar area, television, lighting, and a versatile open area currently used for dining and entertaining. Additional improvements include a half bath, a small private office, workshop/storage room, a storage shed, an outdoor sink, landscaped garden beds, and a remote-operated security gate. Together, these features create a truly inviting outdoor oasis with endless possibilities for entertaining, relaxing, or supporting a business operation.
The commercial building and both adjoining lots are zoned CMX-2, providing flexibility for a variety of commercial and mixed-use uses. Each parcel has its own separate deed, offering additional flexibility for future ownership, development, or investment opportunities.
The vacant commercial storefront enjoys excellent visibility along a high-traffic corridor, making it an ideal location for a variety of businesses. The space features a storefront entrance, a half bath, access to a large unfinished basement for storage, and a direct interior connection to the first-floor apartment. The connecting door can remain for added flexibility or be closed off to create two completely separate spaces. The commercial basement also features direct exterior access through bulkhead (Bilco-style) doors, allowing equipment, inventory, or other large items to be moved in and out without passing through the storefront.
The 1st floor apartment offers a welcoming layout beginning with a foyer that opens into the living room and kitchen. Just beyond the kitchen is a full bathroom with a vanity, toilet, and shower, followed by a spacious bedroom with a large closet. A deck off the apartment provides outdoor space with stairs leading directly to the adjoining lots. The apartment is currently rented for $900 per month on a month to month lease.
The 2nd floor apartment features 2 spacious bedrooms, a comfortable living room, dining room, and a kitchen enhanced by a skylight that fills the space with natural light. Both bedrooms offer generous closet space. This apartment also includes two decks, one off the kitchen and another off the living room with a built-in bench, providing additional outdoor living space. Stairs from the deck also lead directly to the adjoining lots.
The building offers expansive unfinished basement space, with one section beneath the commercial storefront and another beneath the residential units, providing abundant storage and utility space. Utilities are currently serviced through a single electric meter, gas meter, and water service for the entire property.
The two adjoining lots have been transformed into a unique outdoor entertainment area centered around a covered pavilion. The space features a bar area, television, lighting, and a versatile open area currently used for dining and entertaining. Additional improvements include a half bath, a small private office, workshop/storage room, a storage shed, an outdoor sink, landscaped garden beds, and a remote-operated security gate. Together, these features create a truly inviting outdoor oasis with endless possibilities for entertaining, relaxing, or supporting a business operation.
The commercial building and both adjoining lots are zoned CMX-2, providing flexibility for a variety of commercial and mixed-use uses. Each parcel has its own separate deed, offering additional flexibility for future ownership, development, or investment opportunities.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning CMX2
Interior
Hot Water Natural Gas
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Accessibility Other
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871567510
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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