242 South StPhiladelphia, PA 19147

For Lease
$69.24/SF/YR

Turn-key ice cream shop, immediate occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1,440 square foot commercial property, located at 242 South Street in Philadelphia, Pennsylvania (zip code 19147), presents a unique investment opportunity. Currently configured as a fully operational ice cream parlor, this single-tenant space offers 650 square feet of immediately available space on the main level, complemented by a sizable basement area. The main level features a fully equipped commercial kitchen (without a hood vent), a convenient half-bath, and ample storage. The basement provides additional space, ideal for office use or expanded storage. The property is zoned CMX-2, allowing for a variety of potential uses beyond its current ice cream shop configuration. Its prime location on South Street places it within the vibrant heart of Philadelphia's commercial corridor, offering high visibility and foot traffic. The property is ready for immediate occupancy, making it an attractive option for entrepreneurs seeking a turn-key operation or those looking to establish a new business in a high-demand area. The existing ice cream shop setup provides a solid foundation for a seamless transition, while the flexible zoning allows for creative adaptation to suit diverse business needs. This is a rare chance to acquire a well-situated commercial property in a thriving Philadelphia neighborhood.

Highlights

  • 1,440 SF commercial property at 242 South Street, Philadelphia, PA 19147.
  • Currently operating as an ice cream parlor; 650 SF main level with fully equipped commercial kitchen (no hood vent) and half-bath; plus basement storage/office space.
  • CMX-2 zoning allows for diverse uses.
  • Prime South Street location offers high visibility and foot traffic.
  • Ready for immediate occupancy; turn-key operation.

Unit(s) available at that property

Space
Size
650 SF
Rate per SF
$69.24

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9412552
Longitude
-75.14723
242 South St, Philadelphia, Pennsylvania

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242 South St
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