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$699,000

  • For Sale
  • Active
  • Commercial
See This Home
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Exceptional opportunity to acquire a spacious commercial building with CMX-2 zoning and endless potential for redevelopment or continued use. The property offers high ceilings, open areas, private offices, and flexible layouts suitable for various business types. Currently used as a boxing and fitness facility, the building is well-maintained with exposed brick, large windows, updated mechanicals, and a second floor that provides the potential to add multiple apartments or expand the commercial footprint. The surrounding area is experiencing significant revitalization and growth, offering strong upside, while proximity to the Frankford Market Line ensures easy access to downtown's cultural and business hubs. Gym equipment is not included in the sale but may be purchased separately. Perfect for an owner-user, investor, or developer seeking a distinctive property with long-term potential in a thriving corridor.

Full Property Details for 840 E Atlantic St

General

  • Price: $699,000
  • Taxes: $2,911 (2025)
  • Status: Active
  • Type: Commercial
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2550810
  • Updated: 12/17/2025
  • Added to Site: 91 day(s) ago

Business

  • Business Type: Other

Parking

  • Parking Type: Other

Location

  • Area: 19134 (19134)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: HARROWGATE
  • Driving Directions: Left onto G St then turn right onto E Atlantic St

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Building Size: 4700
  • Year Built: 1950
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,318
  • Lot Size Source: Assessor
  • Lot Dimensions: 61.00 x 38.00
  • Zoning: CMX2

Financial Considerations

  • Price Per Sq. Ft.: $148.72
  • Assessment Year: 2025
  • School Tax: $1,630
  • City/TownTax: $1,281
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $208,000
  • Tax Amount: $2,911
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 82

Listed by KW Empower, Carlos Masip

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Listing agent

— 840 E Atlantic St —

  • Carlos Masip

    KW Empower

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

Schools serving 840 E Atlantic St

School District:Philadelphia City School District
NameGradesDistance
Gloria Casarez Elementary School
800 East Ontario Street, Philadelphia, PA 19134
K-40.2 mi
Kensington HS
2501 Coral Street, Philadelphia, PA 19125
9-121.4 mi
Kensington Culinary Arts
2463 Emerald Street, Philadelphia, PA 19125
9-121.4 mi
Kensington Creative & Performing Arts High School
1901 North Front Street, Philadelphia, PA 19122
9-122 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 840 E Atlantic St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/09/2025
Price Reduced
$699,000
-12.52%
MLS
10/21/2025
Listed
$799,000
451.03%
MLS
3/17/2017
Sold
$145,000
—
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 840 E Atlantic St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,912
—
$208,000
—
2024
$2,912
-7%
$208,000
-7%
2023
$3,147
—
$224,800
—
2022
$3,147
9%
$224,800
100%
2018
$2,879
—
-100%
2020
$2,879
—
$205,700
—
2019
$2,879
—
$205,700
—
2018
$2,884
-63%
$206,000
-63%
2017
$7,819
—
$558,600
—
2016
$7,819
4%
$558,600
—
2015
$7,485
—
$558,600
—
2014
$7,485
1195%
$558,600
9336%
2013
$578
—
$5,920
—
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.

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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 KW Empower, Carlos Masip

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840 E Atlantic Street, Philadelphia, PA 19134 (MLS# PAPH2550810) is a Commercial property. 840 E Atlantic Street is currently listed for $699,000 and was received on October 21, 2025. Want to learn more about 840 E Atlantic Street? Do you have questions about finding other Commercial 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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