735 SANSOM ST Philadelphia, PA 19106
4,587 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,587 sqft
Price per Sqft $305
Subdivision Washington Sq
MLS Listing ID PAPH2527246
Year Built 1900
Annual Tax Amount $10,498
Tax Year 2025
Lot Size 1,370 Sqft
Acres 0.03
Lot Dimensions 22.00 x 69.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The apartments present a comfortable and functional layout, with separate living, dining, and sleeping areas. Large windows bring in natural light, while well-proportioned rooms provide flexibility for furniture placement. New ownership has the opportunity to fully reposition these units by updating kitchens, bathrooms, and flooring, unlocking significant rental upside over current in-place rents.
The ground-floor commercial space sits in a location known for decades as the center of Philadelphia's diamond trade. This 1,000-square-foot retail storefront has hosted numerous successful jewelry businesses and is surrounded by industry icons. New ownership can occupy the space immediately or lease it to one of the many entrepreneurs eager to join this thriving corridor.
Sansom Street is currently experiencing a wave of transformation, with Pearl Properties set to deliver a Class A residential tower at 7th and Sansom. This development will bring increased foot traffic and new clientele to an already vibrant location.
The property is transit-oriented, offering easy access to I-76, I-676, and I-95. The SEPTA Regional Rail station at 8th and Market is just a short walk away, connecting tenants to Center City, University City, and the Philadelphia suburbs via the Market-Frankford Line. Residents and business owners alike enjoy all that Center City Philadelphia has to offer, right at their doorstep.
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning CMX5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882603100
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Get More Information
Lisa Blue
Agent | License ID: PA: RS319908/NJ: L1434603
Agent License ID: PA: RS319908/NJ: L1434603