Commercial > Mixed Use
Active
05/17/2024
List Price
$2,450,000$583/ft²
1108 Pine St
Philadelphia, PA 19107
- -Bed
- -Bath
- 4,200ft²Living Area
- 2,178ft²Lot Size
- -Pool
- -Car
- 1968Year Built
- 414DOM
- 7Permits
1108 Pine St, Philadelphia, PA 19107 is a 4,200 ft² commercial mixed use property property built in 1968 on a 0.050 acre lot with 7 construction permits. This commercial mixed use property is currently on the market for $2,450,000, and it was last sold in 2019 for $1,455,000.
MLS Description
The listing agent's description. Original Listing
Investor Alert – Prime Mixed-Use Opportunity in Washington Square West.An extensively renovated and well-located mixed-use property is now available in the heart of Washington Square West’s Antique Row, directly overlooking the lush Kahn Park. This rare offering blends timeless location with modern upgrades, delivering both lifestyle appeal and long-term investment potential.The property features 2,500+ sq ft of ground-level commercial space, currently built out as an art gallery. With flexible CMX1 zoning, the layout can be easily adapted to retail, studio, or professional office use, capturing strong projected commercial rents. Upstairs, you’ll find four fully renovated one-bedroom, one-bathroom apartments, each separately metered and featuring newer HVAC systems (2022), modern finishes, and updated layouts ideal for urban renters.Total building size exceeds 4,200 sq ft, and recent tax abatement approval further enhances long-term return potential. While current residential leases generate steady income, full lease-up and commercial occupancy could position this property at a projected revenues, in line with prime Center City mixed-use comparables.Additional amenities include a rear parking space (or patio conversion opportunity), bamboo and tile flooring, modern fire/security systems, and unbeatable walkability to Seger Park, Whole Foods, Tria, Mixto, Bleu Sushi, SEPTA transit, and more.Highlights:.Fully renovated mixed-use building (2022 systems),Projected gross income: $150,000+,Tax abatement in place, Located in one of Philadelphia’s most desirable, high-foot-traffic corridors,Rare value-add commercial vacancy in turnkey condition, Zoned CMX1 with flexible use potential,1108 Pine St is ideal for 1031 exchange buyers, long-term investors, or owner-operators seeking prestige and upside in Philadelphia’s urban core.
Listing Agents
The listing agent for 1108 Pine St is Michael Kelczewski.
MK
Michael Kelczewski
Kurfiss Sotheby's International Realty
Phone: (215) 794-1312
Permits
1108 Pine St has 7 permit records.
Permit History
7
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$7,872.46From latest Total Assessed Value0.69%Total Assessed Value$1,141,100=Land+
Assessed Value$0Additions
Assessed Value$0
In 2024, taxes billed for 1108 Pine St were $7,872.46, which is 0.69% from latest Total Assessed Value of $1,141,100.
Property History
1108 Pine St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1108 Pine St
Hazard Risks
Wind233Weather118Hurricane114Hail109Particulates109Nat'l Avg100Air Pollution100Tornado100Ozone95Carb Mono90Earthquake78Lead59
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1108 Pine St.
Walkability Index
16 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1108 Pine St has a walkability score of 16 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
27°F
High
42°F
Summer
Average
Low
66°F
High
85°F
In the winter at 1108 Pine St, temperatures range from 27.43°F to 42.46°F with an average of 34.95°F. In the summer, the temperature ranges from 65.67°F to 84.81°F with and average of 75.24°F.
School Information
Public/private schools serving 1108 Pine St
Public Schools
General George A. McCall School
Grades: KG-8
0.40 mi
B
Benjamin Franklin High School
Grades: 9-12
1.31 mi
D-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1108 Pine St have ratings undefined, and undefined.
Neighborhood
This property is located in Washington Square West, Philadelphia, PA 19107.
Seasonal Housing units 19107
12%of housing is for seasonal rent.
Daytime Population for 19107
+175%of people during work hours.
Crime Index for 19107
146
146
The crime index in 19107 is 146, which is 1.5 times higher than national average.
Market Trends
Historical market data near 1108 Pine St over selected time period.
Nearby Properties on Pine St
- 1912 Pine St #Apt 3, Philadelphia, PA 19103 (Rittenhouse Square West) is a 787 square foot, 2 bedroom, 0.04 acre property. It was built in 1900 and has an estimate of $535,686 with a price per ft² of $681.
- 1912 Pine St #Apt 5, Philadelphia, PA 19103 (Rittenhouse Square West) is a 780 square foot, 2 bedroom, 0.04 acre property. It was built in 1900 and has an estimate of $532,370 with a price per ft² of $683.
- 4643 Pine St #Apt C101, Philadelphia, PA 19143 (Garden Court) is a 1,214 square foot, 1 bedroom, 1 bathroom, 0.03 acre property. It was built in 1920 and has an estimate of $258,000 with a price per ft² of $213.
- 4643 Pine St #Apt C102, Philadelphia, PA 19143 (Garden Court) is a 1,935 square foot, 2 bedroom, 1 bathroom, 0.01 acre property. It was built in 1920 and has an estimate of $317,408 with a price per ft² of $164.
- 4643 Pine St #Apt C305, Philadelphia, PA 19143 (Garden Court) is a 2,022 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 1920 and has an estimate of $344,888 with a price per ft² of $171.
- 4643 Pine St #Apt C310, Philadelphia, PA 19143 (Garden Court) is a 1,190 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1920 and has an estimate of $286,401 with a price per ft² of $241.
- 4643 Pine St #Apt C405, Philadelphia, PA 19143 (Walnut Hill) is a 2,022 square foot, 3 bedroom, 2 bathroom, 0.04 acre property. It was built in 1920 and has an estimate of $344,888 with a price per ft² of $171.
- 4643 Pine St #Apt C411, Philadelphia, PA 19143 (Garden Court) is a 906 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1920 and has an estimate of $232,250 with a price per ft² of $256.
- 4643 Pine St #Apt C505, Philadelphia, PA 19143 (Garden Court) is a 2,022 square foot, 3 bedroom, 2 bathroom, 0.05 acre property. It was built in 1920 and has an estimate of $403,790 with a price per ft² of $200.
- 4643 Pine St #Apt C510, Philadelphia, PA 19143 (Garden Court) is a 1,190 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1920 and has an estimate of $280,161 with a price per ft² of $235.
- 4643 Pine St #Apt C511, Philadelphia, PA 19143 (Garden Court) is a 906 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1920 and has an estimate of $232,250 with a price per ft² of $256.
- 4637 Pine St #Apt D102, Philadelphia, PA 19143 (Garden Court) is a 1,694 square foot, 2 bedroom, 2 bathroom property. It was built in 1920 and has an estimate of $365,500 with a price per ft² of $216.
- 4637 Pine St #Apt D406, Philadelphia, PA 19143 (Garden Court) is a 813 square foot, 1 bedroom, 1 bathroom property. It was built in 1920 and has an estimate of $161,665 with a price per ft² of $199.
- 4637 Pine St #Apt D410, Philadelphia, PA 19143 (Garden Court) is a 958 square foot, 1 bedroom, 1 bathroom property. It was built in 1920 and has an estimate of $235,250 with a price per ft² of $246.
- 4637 Pine St #Apt D610, Philadelphia, PA 19143 (Garden Court) is a 1,914 square foot, 3 bedroom, 2 bathroom property. It was built in 1920 and has an estimate of $403,250 with a price per ft² of $211.
- 4631 Pine St #Apt E101, Philadelphia, PA 19143 (Garden Court) is a 817 square foot, 1 bedroom, 1 bathroom property. It was built in 1920 and has an estimate of $85,675 with a price per ft² of $105.
- 4631 Pine St #Apt E102, Philadelphia, PA 19143 (Garden Court) is a 1,198 square foot, 2 bedroom, 1 bathroom property. It was built in 1920 and has an estimate of $259,707 with a price per ft² of $217.
- 4631 Pine St #Apt E210, Philadelphia, PA 19143 (Garden Court) is a 1,811 square foot, 3 bedroom, 2 bathroom property. It was built in 1920 and has an estimate of $361,921 with a price per ft² of $200.
- 4631 Pine St #Apt E310, Philadelphia, PA 19143 (Garden Court) is a 1,463 square foot, 2 bedroom, 2 bathroom property. It was built in 1920 and has an estimate of $320,192 with a price per ft² of $219.
- 4631 Pine St #Apt E510, Philadelphia, PA 19143 (Garden Court) is a 1,463 square foot, 2 bedroom, 1 bathroom property. It was built in 1920 and has an estimate of $365,000 with a price per ft² of $249.
- 4625 Pine St #Apt F101, Philadelphia, PA 19143 (Garden Court) is a 1,183 square foot, 2 bedroom, 1 bathroom property. It was built in 1920 and has an estimate of $212,790 with a price per ft² of $180.
- 4625 Pine St #Apt F205, Philadelphia, PA 19143 (Garden Court) is a 2,020 square foot, 3 bedroom, 2 bathroom property. It was built in 1920 and has an estimate of $277,857 with a price per ft² of $138.
- 4625 Pine St #Apt F210, Philadelphia, PA 19143 (Garden Court) is a 1,816 square foot, 3 bedroom, 2 bathroom property. It was built in 1920 and has an estimate of $244,032 with a price per ft² of $134.
- 4625 Pine St #Apt F305, Philadelphia, PA 19143 (Garden Court) is a 2,020 square foot, 3 bedroom, 2 bathroom property. It was built in 1920 and has an estimate of $277,857 with a price per ft² of $138.
- 4625 Pine St #Apt F405, Philadelphia, PA 19143 (Garden Court) is a 2,020 square foot, 3 bedroom, 2 bathroom property. It was built in 1920 and has an estimate of $277,857 with a price per ft² of $138.
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