1234 Rising Sun Avenue, Philadelphia, PA 19140

8% Cap Rate | Mixed-Use | Opportunity Zone | North Philadelphia

The Numbers

$895,000 list price. $10,000+ gross monthly income. 8% cap rate at asking. 8,656 sq ft. $109/sq ft.

The Asset

Fully occupied mixed-use building at the signalized corner of Broad Street and Old York Road in North Philadelphia. Ground-floor commercial space anchored by an established daycare center with strong tenancy history. Multiple residential units above, each with private entrances and efficient layouts. Two units are currently below market rate, providing immediate upside at lease renewal.

The Location

One of the highest-traffic corridors in North Philadelphia, with direct access to Broad Street and Roosevelt Boulevard. Steps from the expanding Temple University Hospital campus, which continues to drive consistent tenant demand, foot traffic, and neighborhood investment activity.

The Opportunity Zone Advantage

This property sits within a federally designated Qualified Opportunity Zone, active through December 2028. Pennsylvania is currently in the OZ 2.0 nomination process, and this census tract is positioned for potential redesignation effective January 1, 2027 — extending the tax incentive runway for eligible investors.

The Upside

Two below-market residential units. Stable commercial anchor. Proven income history. Strong transit access. Institutional-quality corner positioning at a private investor basis.

Built 1942 | Zoned CMX2 | Philadelphia County | 0.11 Acres