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$625,000
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Property Description
840 E Atlantic St presents a rare opportunity for both investors and owner-users to acquire a highly flexible CMX-2 asset in the heart of Harrowgate. The property consists of approximately 4,700 SF and is currently configured as a fully equipped boxing gym, offering immediate usability for a fitness operator or a turnkey space for a variety of commercial uses including retail, office, medical, or creative flex. For owner-users, this is a chance to control your space, eliminate rent, and operate within a well-positioned corridor with strong neighborhood demand. For investors and developers, the CMX-2 zoning provides long-term upside with the ability to reposition, lease, or redevelop in a rapidly evolving section of Philadelphia. The building's size, layout, and zoning create multiple exit strategies, whether through stabilization as an income-producing asset or conversion to a higher and better use. Surrounded by ongoing development and accessible to major corridors, this is a versatile asset with both immediate utility and future upside.
Full Property Details
Full Property Details for 840 E Atlantic St
General
- Price: $625,000
- Taxes: $2,911 (2025)
- Status: Active
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PAPH2550810
- Updated: 3/26/2026
- Added to Site: 209 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.: $132.98
- 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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Schools
Schools serving 840 E Atlantic St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Gloria Casarez Elementary School 800 East Ontario Street, Philadelphia, PA 19134 | K-4 | 0.2 mi |
Kensington HS 2501 Coral Street, Philadelphia, PA 19125 | 9-12 | 1.4 mi |
Kensington Culinary Arts 2463 Emerald Street, Philadelphia, PA 19125 | 9-12 | 1.4 mi |
Kensington Creative & Performing Arts High School 1901 North Front Street, Philadelphia, PA 19122 | 9-12 | 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 840 E Atlantic St
Date
Details
Price
Change
Source
3/26/2026
Price Reduced
$625,000
-10.59%
MLS
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
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 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
—
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 840 E Atlantic St
840 E Atlantic Street, Philadelphia, PA 19134 (MLS# PAPH2550810) is a Commercial property. 840 E Atlantic Street is currently listed for $625,000 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.

