800-383-3535

274 S 20th Street, Philadelphia, PA 19103

$1,499,999
  • 274 S 20th Street, Philadelphia, PA 19103 Main Photo

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Price Reduced $49,001 on May 14th, 2026
BEDS0 BATHS MLS#PAPH2560690
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLPHILADELPHIA CITY

Property Description

Located on the southeast corner of 20th and Spruce Street, one block from Rittenhouse Square Park, 274 S 20th Street is a well maintained three story mixed use building in the heart of Center City’s most prestigious neighborhood. The first and second floors together with the lower level are occupied by the established Heng Feng Restaurant under a secure long term lease. Additionally, discussions regarding a potential buyout of the commercial tenant may be considered, providing an investor the opportunity to deliver the building fully vacant if desired. The tenant is responsible for nearly all operating expenses, providing stable and essentially passive commercial income. The third floor consists of a three bedroom one bath apartment featuring hardwood floors and central air. Currently occupied by the owner’s family, the unit will be delivered vacant at settlement and can immediately achieve market rent conservatively estimated at $2,500 per month. Zoned CMX5 with excellent visibility and surrounded by Philadelphia’s premier retail, dining, and corporate addresses, the property sits within easy walking distance of the city’s core business district, 30th Street Station, Suburban Station, the Schuylkill River Park and trail system, and the region’s top hospitals and universities. Residents and tenants enjoy immediate proximity to Philadelphia’s finest restaurants including Parc, Rouge, Barclay Prime, and Vernick, all within a few blocks. This property offers an outstanding opportunity to acquire a cash flowing asset in one of the city’s most sought after locations.

274 S 20th Street | MLS# PAPH2560690

This commercial property located at 274 S 20th Street, Philadelphia, PA 19103 is currently listed for sale with an asking price of $1,499,999. S 20th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.homesalecareers.com today.

Property Features

Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Lot Size: 0.02 Acres
Taxes: $7,432
Year Built: 1800

Feature Descriptions

Accessibility: 36"+ wide Halls
Exterior: Masonry
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015

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