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$625,000
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Property Description
Turnkey Mixed-Use Opportunity on Bustling Ridge Ave - Prime for Restaurant + Residential/Commercial Use. Unlock the potential of this versatile mixed-use building in one of Philadelphia's rapidly appreciating corridors. Located on busy Ridge Avenue, this property offers high visibility and foot traffic in a neighborhood surrounded by single-family homes and new apartment developments. First Floor - Restaurant Ready Step into a fully equipped, turnkey restaurant space with all working commercial-grade equipment included. Whether you're an aspiring restaurateur or an experienced operator, this setup lets you hit the ground running in a high-demand dining area with limited competition and consistent local traffic. Second Floor - Open-Use Flex Space The spacious second floor was previously used as a church and offers a wide-open layout filled with natural light. It's ready for easy conversion back to a residential apartment, office, studio, or expanded commercial use-giving you valuable income-generating potential. Investment Highlights "¢
Full Property Details
Full Property Details for 2905 Ridge Ave
General
- Price: $625,000
- Taxes: $1,716 (2024)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2521158
- Updated: 12/17/2025
- Added to Site: 174 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Parking Type: On Street
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Ridge Ave Near 29th Street
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 1640
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 950
- Lot Size Source: Assessor
- Lot Dimensions: 22.00 x 54.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $381.1
- Assessment Year: 2025
- School Tax: $961
- City/TownTax: $755
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $122,600
- Tax Amount: $1,716
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Restaurant equipment
- Lot Number: 343
Listed by Homestarr Realty, Asif Gill
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Schools
Schools serving 2905 Ridge Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Wright Richard R School 2700 West Dauphin Street, Philadelphia, PA 19132 | K-5 | 0.3 mi |
Strawberry Mansion High School 3133 Ridge Ave, Philadelphia, PA 19132 | 9-11 | 0.3 mi |
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 2905 Ridge Ave
Date
Details
Price
Change
Source
7/30/2025
Listed
$625,000
4066.67%
MLS
2/10/2014
Sold
$15,000
—
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 2905 Ridge Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,716
—
$122,600
—
2024
$1,716
11%
$122,600
100%
2021
$1,545
-15%
-100%
2023
$1,813
17%
$129,500
17%
2020
$1,545
1%
$110,400
1%
2019
$1,531
3%
$109,400
3%
2018
$1,488
126%
$106,300
127%
2017
$657
—
$46,900
—
2016
$657
5%
$46,900
—
2015
$628
—
$46,900
—
2014
$628
15%
$46,900
738%
2013
$547
—
$5,600
—
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 2905 Ridge Ave
2905 Ridge Avenue, Philadelphia, PA 19121 (MLS# PAPH2521158) is a Commercial Service property. 2905 Ridge Avenue is currently listed for $625,000 and was received on July 30, 2025. Want to learn more about 2905 Ridge Avenue? 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.

