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Listed by Carlos Masip • KW Empower
$ 625,000
Est. payment | /mo
2,318 Sqft Lot
$ 625,000
Est. payment | /mo
2,318 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Harrowgate
MLS Listing ID PAPH2550810
Year Built 1950
Annual Tax Amount $2,911
Tax Year 2025
Lot Size 2,318 Sqft
Acres 0.05
Lot Dimensions 61.00 x 38.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
840 E Atlantic St presents a rare opportunity for both investors and owner-users to acquire a highly flexible CMX-2 asset in the heart of Harrowgate. The property consists of approximately 4,700 SF and is currently configured as a fully equipped boxing gym, offering immediate usability for a fitness operator or a turnkey space for a variety of commercial uses including retail, office, medical, or creative flex. For owner-users, this is a chance to control your space, eliminate rent, and operate within a well-positioned corridor with strong neighborhood demand. For investors and developers, the CMX-2 zoning provides long-term upside with the ability to reposition, lease, or redevelop in a rapidly evolving section of Philadelphia. The building's size, layout, and zoning create multiple exit strategies, whether through stabilization as an income-producing asset or conversion to a higher and better use. Surrounded by ongoing development and accessible to major corridors, this is a versatile asset with both immediate utility and future upside.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882936170
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations