1013 Reed St, Philadelphia, PA 19147

Local realty services provided by:CENTURY 21 A Better Way
1013 Reed St,Philadelphia, PA 19147
$750,000
  • 2 Beds
  • - Baths
  • 2,169 sq. ft.
  • Multi-family
  • Active
Listed by: rachel street
Office: compass pennsylvania, llc.
MLS#:PAPH2640268
Source:BRIGHTMLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$345.78

About this home

Take advantage of this incredible opportunity to own a commercial income-generating property in one of the hottest areas of the city! This mixed-use building is located in the heart of Passyunk Square, just steps from Passyunk Ave and in the middle of all of the shops, cafes, and restaurants and more that this amazing community has to offer. The commercial space is located on the first floor and is currently set up as a hair and nail salon, which has been in business and thriving for over 22 years- a testament to the stability and the prime location of this property. The business is not included in the sale of the property (building only) and the current renewal term of the commercial lease expires in February 2027, allowing a potential buyer to use the commercial space for their own business- or continue leasing and collect the rent. The unique position of the building allows for maximum frontage along Reed Street (which enjoys a lot of foot traffic) and a more private entrance to...

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Home facts

  • Year built:1920
  • Listing ID #:PAPH2640268
  • Added:1 day(s) ago
  • Updated:June 23, 2026 at 05:44 PM

Rooms and interior

  • Bedrooms:2
  • Flooring:Ceramic Tile, Hardwood
  • Kitchen Description:Dishwasher, Microwave, Oven/Range - Gas, Refrigerator
  • Living area:2,169 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1920
  • Building area:2,169 sq. ft.
  • Lot area:0.02 Acres
  • Lot Features:Corner
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$345.78
  • Tax amount:$1,175 (2025)

Features and amenities

  • Amenities:Ceiling Fan(s)

Parking

  • Parking description:On Street