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1108 Pine Street

Philadelphia, PA 19107

– beds
– baths
4,200 sqft
2,020 sqft lot
$583 per sqft
1968 build

Investor Alert – Prime Mixed-Use Opportunity in Washington Square West.An extensively renovated and well-located mixed-use property is now available in the heart of Washington Square West’s Antique Row, directly overlooking the lush Kahn Park. This rare offering blends timeless location with modern upgrades, delivering both lifestyle appeal and long-term investment potential.The property features 2,500+ sq ft of ground-level commercial space, currently built out as an art gallery. With flexible CMX1 zoning, the layout can be easily adapted to retail, studio, or professional office use, capturing strong projected commercial rents. Upstairs, you’ll find four fully renovated one-bedroom, one-bathroom apartments, each separately metered and featuring newer HVAC systems (2022), modern finishes, and updated layouts ideal for urban renters.Total building size exceeds 4,200 sq ft, and recent tax abatement approval further enhances long-term return potential. While current residential leases generate steady income, full lease-up and commercial occupancy could position this property at a projected revenues, in line with prime Center City mixed-use comparables.Additional amenities include a rear parking space (or patio conversion opportunity), bamboo and tile flooring, modern fire/security systems, and unbeatable walkability to Seger Park, Whole Foods, Tria, Mixto, Bleu Sushi, SEPTA transit, and more.Highlights:.Fully renovated mixed-use building (2022 systems),Projected gross income: $150,000+,Tax abatement in place, Located in one of Philadelphia’s most desirable, high-foot-traffic corridors,Rare value-add commercial vacancy in turnkey condition, Zoned CMX1 with flexible use potential,1108 Pine St is ideal for 1031 exchange buyers, long-term investors, or owner-operators seeking prestige and upside in Philadelphia’s urban core.

Listing courtesy of BRIGHT / Kurfiss Sotheby's International Realty

Last checked: Checking… • Last updated Jun 18, 2025 •

MLS# PAPH2356374 —

The Building

Year Built:

1968
Year Built Source:

Assessor
Year Major Reno/Remodel:

2022
Roof:

Flat
New Construction:

No
Construction Materials:

Masonry
Building Levels:

3
Building Units Total:

4
Structure Type:

Over Storefront
Architectural Style:

Other
Accessibility Features:

None
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

4200

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

4200
Living Area SqFt:

4,200 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

61-90 Days CD

Location

Directions:

GPS
Latitude:

39.94471400
Longitude:

-75.16021700
Location Type:

Downtown

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.05
Lot Size Source:

Assessor
Lot Size Dimensions:

20.00 x 101.00
Lot Dimensions Source:

Assessor
Lot SqFt:

2,020 Sqft
Zoning:

CMX1
View:

City
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

Y50
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

871001500
Tax Year:

2025
Tax Lot:

88
Tax Annual Amount:

$7,872
Tax Assessed Value:

$562,399
Year Assessed:

2025
School Tax:

4408.0
City/Town Tax:

3463.00
Total Taxes Payment Frequency:

Annually

The Listing

Virtual Tour

Heating & Cooling

Cooling Type:

Central A/C, Ductless/Mini-Split
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Washington Sq West
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Vacation Rental:

No
Single Room Units:

1
One Bedroom Units:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/16/25 May 16, 2025	Price Changed	BRIGHT	$2,450,000	-2.8%
10/31/24 Oct 31, 2024	Price Changed	BRIGHT	$2,520,000	-3.1%
5/17/24 May 17, 2024	Listed / Active	BRIGHT	$2,600,000

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This multifamily located in Central, Philadelphia, PA 19107 is currently for sale for $2,450,000. 1108 Pine Street is a 4,200 square foot multifamily with – beds and – baths. 1108 Pine Street is in the Central neighborhood of Philadelphia and has a WalkScore® of 96, making it a walker’s paradise. This multifamily is in the attendance area of Benjamin Franklin High School and Gen. George A. Mccall School.

Listing Courtesy of: BRIGHT and Kurfiss Sotheby's International Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.