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Listed by Carlos Masip • KW Empower
$625,000
Est. payment /mo
2,318 Sqft Lot
Price Dropped by $74K
840 E ATLANTIC ST Philadelphia, PA 19134
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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
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