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$299,000
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Property Description
Investment opportunity at 157 S 60th Street featuring two fully occupied commercial units with triple-net leases in place and $38,400 in annual rental income at a 12.8% cap rate. Situated on a corner lot with CMX-3 zoning, the property offers flexibility for investors seeking immediate cash flow, a future owner-user, or buyers considering long-term repositioning or redevelopment. The combination of existing income, corner exposure and versatile zoning presents a variety of potential ownership strategies.
Full Property Details
Full Property Details for 157 S 60th St
General
- Price: $299,000
- Taxes: $2,483 (2026)
- Status: Active
- Type: Office
- Source: BrightMLSPhilly
- MLS ID: PAPH2661914
- Updated: 8/26/2026
- Added to Site: 21 day(s) ago
Business
- Business Type: Flex
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: 19139 (19139)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: Walnut
- Driving Directions: From Market Street, travel south on S 60th Street toward Walnut Street. The property is located at 157 S 60th Street on the northeast corner of S 60th and Walnut Streets.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Central, Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 2240
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,152
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 72.00
- Zoning: CMX3
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $133.48
- Assessment Year: 2026
- School Tax: $1,390
- City/TownTax: $1,092
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $177,400
- Tax Amount: $2,483
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 50
Listed by KW Empower, Eric Woodhead and KW Empower, Martino Picariello
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Schools
Schools serving 157 S 60th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Bryant William C School 6001 Cedar Avenue, Philadelphia, PA 19143 | K-8 | 0.5 mi |
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 0.2 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 157 S 60th St
Date
Details
Price
Change
Source
8/25/2026
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 157 S 60th St
157 S 60th Street, Philadelphia, PA 19139 (MLS# PAPH2661914) is a Office property. 157 S 60th Street is currently listed for $299,000 and was received on August 25, 2026. Want to learn more about 157 S 60th Street? Do you have questions about finding other Office real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

