4,947 sqft

$1,790,000

990 N 2ND STREET, PHILADELPHIA PA, 19123

Price per sqft$361.84

Built in1920

Property size4,947 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Oct 2, 2026

Updated 5 days ago

Presenting an exciting opportunity to purchase a pairing of two properties at a unique cornerstone location in the epicenter of Northern Liberties. This is the Park Place of NorLib fronting on North 2nd Street directly across from the Piazza. 992 N 2nd was built from the ground up in 2010, while 990 N 2nd has continuously operated as a 3 unit multifamily for decades. The property has ground floor commercial and a Wildey St entrance to the light filled apartments above. In August of 2026, the commercial tenant is coming to the end of their term with no options in place for renewal. While the tenant has indicated they would like to stay, this offers an opportunity to retenant at market rate which is substantially higher than the current lease. Alternatively, an owner operator will have an opportunity in an unmatched location for the neighborhood. Additionally, the first floor of 990 N 2nd should be converted to retail for both increased rent and conversion to a NNN format.

Additional information

MLS^® ID: PAPH2676724

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.05 Acres

Other Property Details

Taxes: $8,639
Tax Frequency: Annually

Listed by Mallin Panchelli Nadel Realty Inc
Listing Contact: 2154134900

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/5/2026 at 3:25 PM UTC

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