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$1,550,000

  • For Sale
  • Active
  • Commercial Service
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Price includes Pennsylvania R liquor license, a $185,000 value. Don't miss this opportunity to own and operate a turn-key bar/restaurant with a dedicated outdoor patio in Olde Kensington/Fishtown neighborhood. Fully-equipped kitchen, multiple bars, large dining room and attic for storage. Double-wide property is booming area with 10,000 new residential units.

Full Property Details for 1359-61 N 2nd St

General

  • Price: $1,550,000
  • Taxes: $7,186 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2330398
  • Updated: 12/17/2025
  • Added to Site: 670 day(s) ago

Business

  • Business Type: Restaurant/Bar

Parking

  • Parking Type: On Street

Location

  • Area: 19122 (19122)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: OLDE KENSINGTON
  • Cross Streets: Master
  • Driving Directions: South on 2nd Street
  • Location Details: Urban

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Other
  • Heating Fuel: Other
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Building Size: 3510
  • Year Built: 1900
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,285
  • Lot Size Source: Estimated
  • Lot Dimensions: 15.00 x 85.00
  • Zoning: CMX2

Financial Considerations

  • Price Per Sq. Ft.: $441.6
  • Assessment Year: 2025
  • School Tax: $4,024
  • City/TownTax: $3,162
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $513,400
  • Tax Amount: $7,186
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 185

Listed by MSC Retail, Inc., Jacob K. Cooper

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Listing agent

— 1359-61 N 2nd St —

  • Jacob K. Cooper

    MSC Retail, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 1359-61 N 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/14/2025
Price Reduced
$1,550,000
-6.06%
MLS
2/19/2025
Price Reduced
$1,650,000
-2.94%
MLS
7/15/2024
Price Reduced
$1,700,000
-8.11%
MLS
3/19/2024
Listed
$1,850,000
270%
MLS
11/09/2017
Sold
$500,000
—
Public Record
Get Price Alerts and Save Property
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 for 1359-61 N 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,012
—
$215,200
—
2024
$3,012
223%
$215,200
100%
2021
$932
-87%
-100%
2023
$7,068
658%
$504,900
658%
2020
$932
—
$66,600
—
2019
$932
—
$66,600
—
2018
$932
—
$66,600
—
2017
$932
788%
$66,600
788%
2016
$105
5%
$7,500
—
2015
$100
—
$7,500
—
2014
$100
19%
$7,500
768%
2013
$84
—
$864
—
View All
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 for 1359-61 N 2nd St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by MSC Retail, Inc., Jacob K. Cooper

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1359-61 N 2nd Street, Philadelphia, PA 19122 (MLS# PAPH2330398) is a Commercial Service property. 1359-61 N 2nd Street is currently listed for $1,550,000 and was received on March 19, 2024. Want to learn more about 1359-61 N 2nd Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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