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840 E Atlantic St, Philadelphia, PA, 19134

2beds
--baths
4,700sqft
$625,000
$133price/sqft
$5,357/moest. monthly cost
$214,280/yrincome needed

About This Home

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.

Getting Around

84
WalkingVery Walkable
65
TransitGood Transit
57
BikeBikeable

Schools

5/10
3/10
Kensington HSGrades 9-121.4 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Other
  • Construction materials: Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Straight Thru
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,700
  • Total interior livable area: 4,700 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 882936170
  • Zoning: CMX2
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 2,318 sqft
  • Lot size dimensions: 61.00 x 38.00

Parking

  • Parking features: None