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$1,075,000
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Property Description
Rare opportunity to own a modern turnkey mixed-use property with CMX2 zoning on one of Philadelphia's most iconic and bustling streets. Built in 2018 by one of the sellers with no expenses spared and no intention of selling, this property includes top quality finishes throughout that will not disappoint. This perfect combination of commercial and residential space features stylish and oversized black commercial windows, spray foam insulation throughout, 3 zone HVAC system, exposed brick walls, PEX plumbing manifold, two fiberglass roof decks with killer city views accessible to all tenants, sprinkler system, commercial grade interior doors, heavy duty electric roll down security doors on the 1st floor front & back doors and front window, scratch and water resistant luxury vinyl wide plank flooring, custom metal railings, quartz counters, tankless water heaters, stainless steel appliances, recessed LED lighting, multiple outdoor egress points, separate meters, French drain, 2 sump pumps, security cameras, extra wide 16x60 lot, 2800 square feet of finished interior space, and another 525 square feet of exterior space! Built to suit one of the seller's travel agency's needs, the property features a highly optimized floor plan with great storage and zero wasted space. The basement, 1st floor, and 2nd floor, are currently being used as office space and offer a blank canvas for future occupants. The 3rd floor is a stylish and spacious studio apartment with great ceiling height, tons of natural light, exposed spiral ductwork, laundry, generous closet space, stainless appliances with gas cooking, and access to 2 fiberglass roof decks with stunning skyline views. The owners keep the furnished apartment for personal occasional use and prefer the open floorplan of a studio apartment but would add a bedroom wall and door if the new owner desires. The office areas include a lobby with huge window facing South St, 15+ private and semi-private offices, 3 half bathrooms (one ADA compliant), large conference room, kitchenette, outdoor egress, fenced rear alley, large storage room, great closet space, and is set up to easily accommodate multiple separate commercial tenants. Located in a highly walkable area (97/100 walk score) with exceptionally convenient access to SEPTA public transportation (100/100 transit score) and quick access to I-95 and I-676, this property is a dream for anyone wanting to commute all over the city or into the suburbs or NJ. Monthly parking options are available in the parking lot located on Kater St directly behind the building or in the parking garage at the corner of 11th and South St (inquire directly for pricing and current availability). Hourly parking is available out front on South St or in the 11th and South garage. Steps from Philadelphia's Magic Gardens, the Italian Market, Whole Foods, and surrounded by boutiques, eateries, coffee shops, gyms, dog parks, and everything else that this thriving neighborhood has to offer. South St is always buzzing with energy, culture, and nonstop foot traffic, adding brand visibility with its high exposure location. Extremely versatile building, suitable for many uses... strong multi-tenant investment opportunity, perfect owner-user property with potential to lease additional space, the possibilities are endless. This property has always been owner occupied and is meticulously maintained. Don't miss your opportunity to own this pristine mixed-use gem on one of Philadelphia's most vibrant corridors! Listing agent is related to one of the sellers.
Full Property Details
Full Property Details for 1120 South St
General
- Price: $1,075,000
- Taxes: $8,591 (2025)
- Status: Active
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PAPH2615008
- Updated: 5/26/2026
- Added to Site: 53 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Luxury Vinyl Plank, Ceramic Tile
Rooms
Bathrooms
- Restrooms: 4
Additional Information
- Security/Safety: Exterior Cameras, Main Entrance Lock, Security Gate, Sprinkler System - Indoor, Window Grills
Parking
- Parking Type: None
Location
- Area: 19147 (19147)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: HAWTHORNE
- Driving Directions: Between 11th and 12th St, Bainbridge and Lombard St
- Location Details: Urban
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Instant Hot Water, Tankless
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry, Other
- Roof: Fiberglass
- Ceiling Height: 8' to 10'
- Building Size: 2795
- Year Built: 1920
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: City, Panoramic
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 930
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 60.00
- Fence: Yes
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $384.62
- Assessment Year: 2026
- School Tax: $4,811
- City/TownTax: $3,780
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $613,800
- Tax Amount: $8,591
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Apartment appliances as shown, window treatments as shown, basement kitchenette refrigerator, apartment furnishings negotiable
- Lot Number: 382
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 1120 South St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Fanny Jackson Coppin School 1213 South 12th Street, Philadelphia, PA 19147 | K-8 | 0.6 mi |
Furness Horace High School 1900 South 3rd Street, Philadelphia, PA 19148 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1120 South St
Date
Details
Price
Change
Source
5/26/2026
Price Reduced
$1,075,000
-10.42%
MLS
4/30/2026
Listed
$1,200,000
275%
MLS
1/03/2017
Sold
$320,000
—
Public Record
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 1120 South St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,592
—
$613,800
—
2024
$8,592
12%
$613,800
12%
2023
$7,665
64%
$547,600
100%
2021
$4,688
-39%
-100%
2022
$7,665
64%
$547,600
64%
2020
$4,688
1%
$334,900
1%
2019
$4,642
9%
$331,600
9%
2018
$4,261
-1%
$304,400
-1%
2017
$4,317
—
$308,400
—
2016
$4,317
4%
$308,400
—
2015
$4,133
—
$308,400
—
2014
$4,133
89%
$308,400
1277%
2013
$2,189
—
$22,400
—
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 1120 South St
1120 South Street, Philadelphia, PA 19147 (MLS# PAPH2615008) is a Commercial property. 1120 South Street is currently listed for $1,075,000 and was received on April 30, 2026. This property is listed by Julie Russell from our Old City Office.Want to learn more about 1120 South Street? Do you have questions about finding other Commercial real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

