3847 Terrace Street
PHILADELPHIA, Pennsylvania 19128

Active / MLS #PAPH2531184 / Multiple Unit (2-4) / PHILADELPHIA
Listing information updated 12/3/2025 at 1:21pm
GREAT INVESTMENT OPPORTUNITY IN MANAYUNK! Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia's most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business. The first-floor retail space, previously a successful restaurant tavern, comes with a commercial kitchen space and hood system, walk-in cooler, bar layout and seating for 40-60 patrons. The property comes with the potential to acquire a liquor license, which will be sold separately from the property itself. This license allows for full-service alcohol service, including outdoor seating, offering tremendous flexibility for a bar or restaurant business. The CMX1 zoning permits additional uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, there are two newly renovated 1-bedroom apartments on the 2nd and 3rd floors, each featuring modern updates including new flooring, stainless steel appliances, and stylish new bathrooms. Located in a high-demand, thriving neighborhood, this mixed-use property is an excellent investment with great potential for both rental income and business ventures.

Listing Office: Compass Pennsylvania, LLC

Listing Office Phone: 610.947.0408

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3847 Terrace Street, Philadelphia, PA 19128 is a multiple unit (2-4) currently listed at $529,900. This multiple unit (2-4) has been listed on RLAH @properties since August 26th, 2025 and was built in 1900.