UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2566350
Year Built 1920
Annual Tax Amount $984
Tax Year 2025
Lot Size 816 Sqft
Acres 0.02
Lot Dimensions 15.00 x 55.00
Property Sub-Type Retail
Source BRIGHT
Property Description
Investment Summary: Excellent opportunity to acquire a mixed-use asset (sold as-is) in a developing Philadelphia corridor. 3102 G St offers a fitted-out commercial ground floor and a second-floor residential unit, offering potential for dual income streams or an owner-operator setup. The property is situated within a Qualified Opportunity Zone, presenting potential tax advantages for qualifying investors.
The Commercial Space: Restaurant Infrastructure in Place
Ideally suited for a takeout hub, cafe, or casual dining concept, this space minimizes initial equipment costs.
Layout: Features a functional layout with a dedicated employee bathroom and prep area.
Asset List (Included in Sale "As-Is"):
Commercial Ventilation Hood: System in place.
Commercial Range: Higher-power stove capability.
Commercial Fryers & Sinks: Standard commercial kitchen configuration including prep/wash sinks.
The Residential Space: Second-Floor Unit
The second floor features living quarters with potential for rental income or owner occupancy.
Note: Buyer is responsible for verifying zoning and occupancy requirements for building.
Location Benefit: Qualified Opportunity Zone
This property is located in a federally designated Job Opportunity Zone.
Investor Note: Acquisition of this property may qualify for significant tax benefits regarding capital gains deferral and reduction.
Prospective buyers are strongly encouraged to consult their CPA or tax attorney to determine eligibility for Opportunity Zone incentives.
Property Highlights:
Zoning: Commercial/Mixed-Use (Buyer to verify).
Condition: Equipment conveys with the property.
Location: Corner visibility potential, accessible to public transit, and part of the Kensington revitalization footprint.
Why Wait? With construction costs rising, acquiring a property with existing kitchen infrastructure is a strategic financial move. Whether you are an aspiring restaurateur or an investor looking to add to your portfolio, 3102 G St offers a head start on development.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Other
Cooling None
Inclusions All installed fixtures
Equipment Negotiable
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871543960
Ownership Fee Simple
Special Listing Condition Standard
Nearby School & Business
- 9
Camden's Pride Charter School
Public | KG - 4
- 7
Folk Arts-Cultural Treasures Charter School
Public | KG - 8
- 7
Laboratory Charter School
Public | KG - 8
- 7
Franklin Towne Charter Elementary School
Public | KG - 8
- 5
Young Scholars Charter School
Public | 5 - 8
- 5
Conwell Russell Middle School
Public | 5 - 8
- 5
Ad Prima Charter School
Public | KG - 8
- 5
Northwood Academy Charter School
Public | KG - 8
- 5
Camden's Promise Charter School
Public | 5 - 8
- 4
Math Civics and Sciences Charter School
Public | 1 - 12
- 4
People for People Charter School
Public | KG - 8
- 4
Spring Garden School
Public | KG - 8
- 4
Kipp Philadelphia Charter School
Public | KG - 12
- 4
John F. Hartranft School
Public | PK - 8
- 4
John Moffet Elementary School
Public | KG - 5
- 4
Antonia Pantoja Community Charter School
Public | KG - 8
- 4
Adaire Alexander School
Public | KG - 8
- 4
Grover Washington, Jr. Middle School
Public | 5 - 8
- 4
Juniata Park Academy
Public | KG - 8
- 4
Community Academy of Philadelphia Charter School
Public | KG - 12
- 4
Esperanza Cyber Charter School
Public | 6 - 12
- 4
Amy at Martin
Public | 6 - 8
- 3
Esperanza Academy Charter High School
Public | 6 - 12
- 3
Mariana Bracetti Academy Charter School
Public | 6 - 12
- 2
The Promise Academy at Roberto Clemente Middle School
Public | 6 - 8
- 1
Penn Treaty
Public | 6 - 12
- 1
Feltonville School of Arts and Sciences
Public | 6 - 8
- 1
Warren G. Harding Middle School
Public | 6 - 8
- 0
Wakisha Charter School
Public | 6 - 8
- 0
Truebright Science Academy Charter School
Public | 7 - 12
- 0
Pyne Point Middle School
Public | 7 - 8
- 9
Central High School
Public | 9 - 12
- 7
Carver High School
Public | 9 - 12
- 7
Bodine William W High School
Public | 9 - 12
- 6
Girls High School
Public | 9 - 12
- 5
Parkway-Center City
Public | 9 - 12
- 5
Philadelphia Military Academy at Elverson
Public | 9 - 12
- 5
Multi-Cultural Academy Charter School
Public | 9 - 12
- 5
Camden Academy Charter High School
Public | 9 - 12
- 4
Constitution High School
Public | 9 - 12
- 1
Mastery Charter School at Gratz
Public | 9 - 12
- 1
Delaware Valley Chs
Public | 9 - 12
- 1
Kensington Creative & Performing Arts High School
Public | 9 - 12
- 1
Edison / Fareira High School
Public | 9 - 12
- 1
Kensington Health Sciences Academy
Public | 9 - 12
- 1
Kensington International Business High School
Public | 9 - 12
- 1
Kensington Urban Education
Public | 9 - 12
- 1
Aspira Olney Charter High School
Public | 9 - 12
- 1
Mastbaum Jules E Avts
Public | 9 - 12
- 1
Samuel Fels High School
Public | 9 - 12
- 1
Frankford High School
Public | 9 - 12
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