Philadelphia, PA 19106,311 N 3RD ST
Philadelphia, PA 19106,311 N 3RD ST
Philadelphia, PA 19106,311 N 3RD ST
Philadelphia, PA 19106,311 N 3RD ST
Philadelphia, PA 19106,311 N 3RD ST
Philadelphia, PA 19106,311 N 3RD ST
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Listed by Alicia M Magill • Mosaic Brokerage Group, LLC
$ 1,562,000
Est. payment | /mo

1,609 SqFt


Save
$ 1,562,000
Est. payment | /mo
Save

1,609 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,609 sqft

Price per Sqft $970

Subdivision Old City

MLS Listing ID PAPH2533178

Year Built 1920

Annual Tax Amount $13,914

Tax Year 2025

Lot Size 1,609 Sqft

Acres 0.04

Lot Dimensions 18.00 x 89.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

311 North 3rd Street, is a well-maintained and architecturally rich building located in the heart of Old City, Philadelphia. This vacant, mixed-use asset offers an ideal footprint for adaptive reuse, redevelopment, or investment.

Encompassing approximately 7,100 square feet across five floors, plus a full basement, the property sits on a 1,609 SF lot and stretches 90 feet deep. With 18 feet of frontage on both North 3rd and North Bodine Streets, the building benefits from abundant natural light from the east and west elevations—an uncommon and desirable feature in urban structures of this kind.

Currently configured with a functional freight elevator, the building supports flexible commercial or residential uses and facilitates vertical movement of goods or build-out materials—especially beneficial for a multi-floor retail, office, or live-work concept.Zoned CMX-3, the property is perfectly positioned for a condominium conversion, apartment redevelopment, or mixed-use repositioning.

The ground floor is retail-ready, offering excellent visibility and foot traffic, while the upper
floors and basement provide significant value-add potential for residential or creative commercial space.
Throughout the property, original character blends seamlessly with modern upgrades, preserving key architectural details such as large industrial-style windows, high ceilings, and solid construction. The building has been consistently maintained, presenting a clean slate for developers or owner-users to bring their vision to life. Surrounded by a mix of historic properties and new construction, and just steps from cafes, galleries, and transit, 311 North 3rd Street offers a rare opportunity to own and transform a legacy building in one of Philadelphia's most sought-after neighborhoods.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX3

Interior

Hot Water None

Heating Central

Cooling Central A/C

Heat Source None

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 884450111

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)

GET MORE INFORMATION

agent
Rhonda Campbell

REALTOR® | Lic# 0225203339

+1(703) 798-8973

6363 Walker Ln Suite 130, Alexandria, VA, 22310

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311 N 3RD ST