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$829,000
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Property Description
Welcome to 1006-8 Lehigh Ave. HUGE 5700 sq ft commercial property in a high traffic location ! The building's bank history is tied to the neighboring Philadelphia Savings Fund Society (PSFS). 1006 's original structure was built in approx 1915 and was the location of the Lehigh Branch of PSFS, which opened between 1923-1924. The PSFS branch was designed by prominent architects such as Horace Trumbauer and remained in use for decades. Property was last used as a large retail pharmacy "Lehigh Pharmacy". CMX-2 zoning commercial multi-tenant opportunity in an historic former bank building at intersection of W. Lehigh and Germantown Avenues. Located close to The Broad Street Line's North Philadelphia Station, Temple University's main campus and includes 7 parking spots in parking lot located behind the building. First floor is built out as an operational pharmacy with a managerial office, storage room, employee break room, changing room, additional retail and pharmaceutical space, welcomed with a grand lobby. Another space houses a doctor's office with waiting room and a vaccination room. Second floor was a former executive suite with floor-to-ceiling windows and high ceilings. There are three office spaces in the rear of the building. Building has tons of character boasting on large Greek pillars and beautiful original rich mahogany-colored hardwood and marble-tiled flooring. Here is your opportunity to own a piece of city history while running your business there. Opportunity to sublease space to offset operational costs with supplemental income in a location which boats of both high vehicle and foot traffic. Make your offer today !
Full Property Details
Full Property Details for 1006 W Lehigh Ave
General
- Price: $829,000
- Taxes: $4,777 (2025)
- Status: Active
- Type: Commercial Institutional
- Source: BrightMLSPhilly
- MLS ID: PAPH2535834
- Updated: 12/17/2025
- Added to Site: 132 day(s) ago
Business
- Business Type: Medical, Big Box Retail, Other/General Retail
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 7
- Parking Type: Parking Lot, On Street
Location
- Area: 19133 (19133)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: east of Broad St and west of Germantown Ave
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Concrete Perimeter
- Building Size: 5700
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,608
- Lot Size Source: Assessor
- Lot Dimensions: 50.00 x 125.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $145.44
- Assessment Year: 2025
- School Tax: $2,675
- City/TownTax: $2,102
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $341,300
- Tax Amount: $4,777
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 74
Listed by Homestarr Realty, Michael Bottaro
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Schools
Schools serving 1006 W Lehigh Ave
School District:Philadelphia City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1006 W Lehigh Ave
Date
Details
Price
Change
Source
10/25/2025
Price Reduced
$829,000
-12.74%
MLS
9/09/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1006 W Lehigh Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,778
—
$341,300
—
2024
$4,778
4%
$341,300
100%
2021
$4,591
-6%
-100%
2023
$4,873
6%
$348,100
6%
2020
$4,591
1%
$328,000
1%
2019
$4,558
—
$325,600
—
2018
$4,562
9%
$325,900
9%
2017
$4,199
—
$300,000
—
2016
$4,199
4%
$300,000
—
2015
$4,020
—
$300,000
—
2014
$4,020
61%
$300,000
1072%
2013
$2,501
—
$25,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1006 W Lehigh Ave
1006 W Lehigh Avenue, Philadelphia, PA 19133 (MLS# PAPH2535834) is a Commercial Institutional property. 1006 W Lehigh Avenue is currently listed for $829,000 and was received on September 09, 2025. Want to learn more about 1006 W Lehigh Avenue? Do you have questions about finding other Commercial Institutional real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

