Date
Details
Price
Change
Source
5/28/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,200,000
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Property Description
Prime investment opportunity in this exceptionally maintained mixed use corner property with one significantly improved commercial space with attached garage, and one custom one bedroom + loft, bi-level residence with multiple private outdoor spaces and separate entry, lovingly named SKY HOUSE. This property is well positioned on a high traffic corner in Queen Village, coveted by businesses for its access to sophisticated clientele and by residents for its access to superb neighborhood offerings in highly sought-after Meredith catchment. Capitalize on local demand by offering the existing units as-is, at increased rents with minor renovation, or by development of two additional residential apartments as permitted by right. This property not only serves as a reliable income-generating asset but also positions you for long-term growth in a thriving market. Gross Potential Rent $72,000 as-is.
Full Property Details
Full Property Details for 626 S 7th St
General
- Price: $1,200,000
- Taxes: $7,404 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2622728
- Updated: 6/1/2026
- Added to Site: 26 day(s) ago
Business
- Business Type: Day Care Facility, Hair Salon and Spa, Medical, Other
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 1
- Parking Features: Private
- Parking Type: Private Garage
Location
- Area: 19147 (19147)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: 7Th and Bainbridge
- Driving Directions: NW CORNER OF S 7TH ST AND BAINBRIDGE ST
- Location Details: Corner Lot/Unit
School Information
- Elementary School: William M. Meredith School
- Middle School: William M. Meredith
- High School: Furness Horace
Heating & Cooling
- Cooling Type: Ductless/Mini-Split, Multi Units, Wall Unit, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Roof: Flat, Rubber, Wood
- Building Size: 2720
- Year Built: 1976
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,720
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 86.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $441.18
- For Lease: Yes
- Assessment Year: 2026
- School Tax: $4,146
- City/TownTax: $3,258
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $529,000
- Tax Amount: $7,404
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: All fixtures and appliances
- Lot Number: 215
Listed by Serhant Pennsylvania Llc, Jennifer Rhee
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Listing agent
— 626 S 7th St —
Jennifer Rhee
Serhant Pennsylvania Llc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 626 S 7th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Meredith William M School 725 South 5th Street, Philadelphia, PA 19147 | K-8 | 0.2 mi |
Furness Horace High School 1900 South 3rd Street, Philadelphia, PA 19148 | 9-12 | 1.2 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 626 S 7th St
Tax History
Tax History for 626 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,405
—
$529,000
—
2024
$7,405
33%
$529,000
100%
2021
$5,547
-14%
-100%
2023
$6,415
16%
$458,300
16%
2020
$5,547
1%
$396,300
1%
2019
$5,493
6%
$392,400
6%
2018
$5,186
-13%
$370,500
-13%
2017
$5,928
8%
$423,500
—
2016
$5,508
-3%
$423,500
—
2015
$5,675
—
$423,500
—
2014
$5,675
114%
$423,500
1457%
2013
$2,658
—
$27,200
—
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 626 S 7th St
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- Townhouse
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 1,440Sq. Ft.
- Townhouse
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,102Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,371Sq. Ft.
- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,121Sq. Ft.
Listed by Cordell Boyd (856) 287-9753
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 1Total Bath
- 1,675Sq. Ft.
626 S 7th Street, Philadelphia, PA 19147 (MLS# PAPH2622728) is a Commercial Service property. 626 S 7th Street is currently listed for $1,200,000 and was received on May 28, 2026. Want to learn more about 626 S 7th 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.