1431 S 58th St, Philadelphia, PA 19143

Property Description

Once in generation opportunity. 1431 S 58th Street, Philadelphia, PA 19143 presents a rare mixed-use opportunity in a prime corner location. This 1,782 square foot property sits on a 1,333 square foot lot and is zoned CMX-2, allowing for a wide range of commercial and residential uses. The first floor features a very successful beautifully maintained, modern grocery store complete with a deli counter, commercial-grade refrigeration, reach-in refrigerators, lottery setup, and slot machines—creating a convenient neighborhood hub. The space is equipped with a full camera security system throughout, providing added peace of mind for business operations. Above the commercial space, the property offers a spacious 3-bedroom apartment with a large kitchen. With a separate entrance, the residential unit is ideal for rental income or owner-occupancy. The current tenant lease is set to expire shortly, presenting an excellent opportunity for an investor or owner-user to step into a turnkey setup or reposition the asset to maximize value.