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Bought with Jenny F Misler • Central Realty Group LLC
$ 291,000
$ 288,800 0.8%
7114 RISING SUN AVE Philadelphia, PA 19111
2,875 Sqft Lot
UPDATED:
Key Details
Sold Price $291,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Burholme
MLS Listing ID PAPH2575746
Sold Date 08/14/26
Year Built 1940
Annual Tax Amount $2,375
Tax Year 2026
Lot Size 2,875 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This property may be purchased individually or together with the adjacent property at 7112 Rising Sun Avenue, which shares a common driveway. Both properties are under the same ownership, creating a unique opportunity for expanded use or investment.
Well-located mixed-use commercial property featuring a street-level retail storefront and two second-floor apartments, situated in the desirable Burholme neighborhood along the high-visibility Rising Sun Avenue business corridor. This vibrant, high-traffic street serves a bustling residential and commercial community.
The ground-floor storefront is currently vacant. One two (2) bedroom first floor apartment is vacant. One (1) bedroom second floor apartment is occupied by a long-term tenant, providing steady residential income.
The property includes rear parking, a valuable amenity for both commercial and residential use. Excellent signage opportunities are available, including an existing box sign and space for a large monument sign, maximizing exposure for a business.
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning CMX1
Interior
Hot Water Electric, Natural Gas
Heating Central
Cooling Wall Unit, Window Unit(s)
Flooring Concrete, Carpet, Engineered Wood
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Asphalt
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Crossan Kennedy
Middle Schools Castor Gardens
High Schools Northeast
School District The School District Of Philadelphia
Others
Tax ID 871547400
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Negotiable
Listing Terms Cash, Conventional, FHA, Negotiable
Financing Cash,Conventional,FHA,Negotiable
Special Listing Condition Standard
Realtor®, Team Leader | License ID: RS310609
+1(717) 606-2512 | claire@clairechivington.com