Date
Details
Price
Change
Source
11/08/2024
Listed
$2,499,000
—
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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1/15
$2,499,000
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Property Description
Part of package, additional property nearby available - Commercial 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and 1425 Jackson St. Total package can be acquired. 736-38 S 8th St is a 6-plex (6 units), on the corner of 8th & Fitzwater Sts., with ground floor commercial space. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the 9th St. Market. 736-38 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 2 entrances. One for the restaurant, one for the apts. both on the Fitzwater St. side. As-is. Tenant occupied. 48hr notice.
Full Property Details
Full Property Details for 736 S 8th St
General
- Price: $2,499,000
- Taxes: $24,282 (2024)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2418372
- Updated: 12/17/2025
- Added to Site: 469 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Parking Type: On Street
Location
- Area: 19147 (19147)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: ITALIAN MARKET
- Cross Streets: Fitzwater St
- Driving Directions: On the corner of Fitzwater and 8th St.
- Location Details: Downtown
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 7776
- Current Bldg. Use: Restaurant
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
Lot Features
- Property View: City, Park/Greenbelt
- Zoning: CMX-1
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $321.37
- Tax w/Assessment: $24,282
- Tax Amount: $24,282
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
Listed by Mercury Real Estate Group, Lorraine B Pappalardo and Mercury Real Estate Group, Michael J Moss
We Value Your Privacy
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Listing agents
— 736 S 8th St —
Lorraine B Pappalardo
Mercury Real Estate Group
Michael J Moss
Mercury Real Estate Group
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 736 S 8th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Meredith William M School 725 South 5th Street, Philadelphia, PA 19147 | K-8 | 0.3 mi |
Furness Horace High School 1900 South 3rd Street, Philadelphia, PA 19148 | 9-12 | 1.2 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 736 S 8th St
Tax History
Tax History for 736 S 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,498
—
$1,250,000
—
2024
$17,498
-28%
$1,250,000
100%
2021
$24,282
—
-100%
2023
$24,282
—
$1,734,700
—
2020
$24,282
—
$1,734,700
—
2019
$24,222
16%
$1,730,400
16%
2018
$20,906
7%
$1,493,500
7%
2017
$19,583
—
$1,399,000
—
2016
$19,583
4%
$1,399,000
—
2015
$18,747
—
$1,399,000
—
2014
$18,747
63%
$1,399,000
1092%
2013
$11,472
—
$117,408
—
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 736 S 8th St
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 1,117Sq. Ft.
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- Single Family
- Active
- Updated 13 hours ago
- 2Beds
- 1Total Bath
- 994Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,624Sq. Ft.
736 S 8th Street, Philadelphia, PA 19147 (MLS# PAPH2418372) is a Commercial Service property. 736 S 8th Street is currently listed for $2,499,000 and was received on November 08, 2024. Want to learn more about 736 S 8th 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.