626 S 7th St
2,720 SF Corner Mixed-Use Investment in the Heart of Queen Village
Marketing description
Seize the opportunity to own a meticulously maintained mixed-use corner property in the heart of Queen Village, one of Philadelphia's most desirable neighborhoods. Located at 626 S 7th St, Philadelphia, PA 19147, this 2,720 SF CMX-2 zoned property features a fully improved commercial space with an attached garage and a beautifully designed bi-level one-bedroom loft residence with multiple private outdoor spaces, offering exceptional flexibility for investors and owner-users alike.
The ground-floor commercial unit was extensively renovated in 2020 and is perfectly suited for a variety of uses, including retail, café, wellness, medical, professional office, or boutique service businesses. The rear studio space features infrared ceiling heat lamps and direct garage access, creating additional versatility for today's commercial tenants.
Above, the custom-designed residence, affectionately known as Sky House, offers a spacious one-bedroom loft layout complete with a gas and wood-burning fireplace, in-unit laundry, 1.5 bathrooms, and multiple private roof decks, delivering a truly unique urban living experience.
Positioned on a high-visibility corner within the coveted Meredith School Catchment, the property benefits from consistent pedestrian and vehicle traffic while being surrounded by thriving local businesses, restaurants, and established residential communities.
Offering an estimated gross potential rental income of $72,000 annually, investors can generate immediate cash flow through the existing configuration, increase rental income with light improvements, or capitalize on the property's development potential by adding two additional residential apartments, permitted by right under the current zoning.
Whether you're seeking a stable income-producing asset, a live-work opportunity, or a redevelopment project in one of Philadelphia's strongest neighborhoods, 626 S 7th St presents outstanding long-term investment potential.
Investment highlights
Prime Queen Village Corner Location: Highly visible corner property in one of Philadelphia's most sought-after neighborhoods, offering exceptional exposure and consistent foot traffic.
Mixed-Use Investment Opportunity: Features a fully improved commercial space and a custom bi-level residential loft, providing multiple income streams and flexible ownership options.
Turnkey Commercial Space: Renovated in 2020 and ideal for retail, café, wellness, medical, professional office, salon, or boutique service businesses.
Unique Residential Unit: Beautifully designed one-bedroom loft residence with multiple private outdoor spaces, roof decks, fireplace, in-unit laundry, and separate entrance.
Development Potential: CMX-2 zoning allows for the addition of two residential apartments by right, creating significant value-add and income growth opportunities.
Strong Income Potential: Estimated gross potential rental income of approximately $72,000 annually in its current configuration, with additional upside through renovations or redevelopment.
Attached Garage & Private Parking: Includes an attached garage with direct commercial access and private parking, a valuable amenity in Queen Village.
Meredith School Catchment: Located within the highly desirable Meredith School catchment, increasing long-term residential demand and property value.
Excellent Property Condition: Exceptionally maintained with modern improvements, minimizing immediate capital expenditures for future ownership.
Flexible Investment Strategy: Ideal for investors, owner-users, or developers seeking stable income today with significant long-term appreciation and redevelopment potential.
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