$750,000
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1013 Reed St, Philadelphia, PA 19147

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- Beds
0 Baths
2,169 Sq Ft

Take advantage of this incredible opportunity to own a commercial income-generating property in one of the hottest areas of the city! This mixed-use building is located in the heart of Passyunk Square, just steps from Passyunk Ave and in the middle of all of the shops, cafes, and restaurants and more that this amazing community has to offer. The commercial space is located on the first floor and is currently set up as a hair and nail salon, which has been in business and thriving for over 22 years- a testament to the stability and the prime location of this property. The business is not included in the sale of the property (building only) and the current renewal term of the commercial lease expires in February 2027, allowing a potential buyer to use the commercial space for their own business- or continue leasing and collect the rent. The unique position of the building allows for maximum frontage along Reed Street (which enjoys a lot of foot traffic) and a more private entrance to the 2nd floor apartment on Alder Street. There is ample street parking in front of the building, as well as in the large ACME shopping plaza across the street, which makes it convenient for people patronizing the business. The commercial space spans the 1st floor and the basement, which has a large door with a steps and a ramp to the exterior yard, providing easy access for storage or more. It also already has a ramp installed to the entrance of the commercial space, which avoids one of the more expensive accessibility modifications that many business have to resolve. On the second floor you'll find a bright and sunny two-bedroom apartment, with hardwood floors, several closets, full 3 piece bathroom, and washer and dryer. This apartment was previously occupied by the owner and is now vacant, in case the buyer would like to occupy it. If not, it is in impeccable shape and is ready to rent- and rentals in Passyunk go extremely quickly. In an extremely walkable location, within two blocks of the property you'll find a large supermarket, post office, pharmacy, dog park and playground, gym, as well as many restaurant and shops. Close to public transportation, easy access to major roadways and only 3 blocks from the Broad Street subway line, this location can't be beat!

Listing By: Rachel Street - Compass Pennsylvania, LLC mdbmls-r Realty.com
  • MLS# PAPH2640268
  • Date Listed06/23/2026
  • Days on Realty 63 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.02 acres (954 sq. ft)
  • Subdivision PASSYUNK SQUARE
  • County Philadelphia
  • Year Built 1920
  • Square Feet 2,169 sq. ft
  • Price Per Sq. Ft $345.78

Interior Features

  • Cooling Central A/C
  • Heating Radiator

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.02
  • Lot Size SQFT 954.00
  • Lot Features -

Financial Considerations

  • Tax Amount $1,175
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 19147

Discover key demographics, population statistics, and environmental insights for the Philadelphia, PA area.

Population & Environment

Source: Sperling's Best Places

Walkability in PA / 19147

Source: Walk Score

97/100

Walker's Paradise

Walk Score ®

76/100

Excellent Transit

Transit Score ®

77/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

17 nearby routes: 16 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 59/100, Bike Score: 67/100.

Property Change History

Property Heating updated
Natural Gas, Radiant → Radiator
Property description updated with new details

Points of Interest near 1013 Reed St, Philadelphia, PA 19147

Frequently Asked Questions for 1013 Reed St

Source: Realty.com

1013 Reed St, Philadelphia, PA 19147 in PASSYUNK SQUARE, Philadelphia, PA 19147 is a duplex listed at $750,000. Highlights include 2,169 sq. ft., built in 1920, 0.02 acre lot, $346 per sq. ft.. Realty.com has 38 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 38 photos of 1013 Reed St.

Our records indicate that 1013 Reed St was built in 1920.

The full address for this home is 1013 Reed St, Philadelphia, PA 19147.

1013 Reed St has been listed on Realty.com since Tue June 23, 2026

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 59/100, Bike Score: 67/100.

There are 2 schools assigned to this home. Check out the schools near 1013 Reed St. Universal Vare Charter School (Grades: 5 - 8), Franklin Towne Charter High School (Grades: 9 - 12)

Listing provided courtesy of: Compass Re (tel: 267-435-8015)
Listing agent: Rachel Street (tel: 267-357-1334) (#3191680)

This content last refreshed on 2026-08-25 04:54:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.