#PAPH2454236, Ryan J McManus, Listing office: Keller Williams Liberty Place
Property details
About 1108 Pine St
Investor Alert – Prime Mixed-Use Opportunity in Washington Square West.An extensively renovated and well-located mixed-use property is now available in the heart of Washington Square West’s Antique Row, directly overlooking the lush Kahn Park. This rare offering blends timeless location with modern upgrades, delivering both lifestyle appeal and long-term investment potential.The property features 2,500+ sq ft of ground-level commercial space, currently built out as an art gallery. With flexible CMX1 zoning, the layout can be easily adapted to retail, studio, or professional office use, capturing strong projected commercial rents. Upstairs, you’ll find four fully renovated one-bedroom, one-bathroom apartments, each separately metered and featuring newer HVAC systems (2022), modern finishes, and updated layouts ideal for urban renters.Total building size exceeds 4,200 sq ft, and recent tax abatement approval further enhances long-term return potential. While current residential leases generate steady income, full lease-up and commercial occupancy could position this property at a projected revenues, in line with prime Center City mixed-use comparables.Additional amenities include a rear parking space (or patio conversion opportunity), bamboo and tile flooring, modern fire/security systems, and unbeatable walkability to Seger Park, Whole Foods, Tria, Mixto, Bleu Sushi, SEPTA transit, and more.Highlights:.Fully renovated mixed-use building (2022 systems),Projected gross income: $150,000+,Tax abatement in place, Located in one of Philadelphia’s most desirable, high-foot-traffic corridors,Rare value-add commercial vacancy in turnkey condition, Zoned CMX1 with flexible use potential,1108 Pine St is ideal for 1031 exchange buyers, long-term investors, or owner-operators seeking prestige and upside in Philadelphia’s urban core.
Highlights
(ACTIVE)
Virtual tour
Summary
- Parking: On Street
- View: City
- Architectural Style: Other
- Heating: Forced Air
- Cooling: Central Air
- List Price: $2,450,000
- Price/SqFt: $583
- Annual Tax Amount: $12,073
- Tax Year: 2023
- Directions: GPS
- Year Built: 1968
- Living Area: 4,200 SqFt
- Municipality: Philadelphia
- Lot Size: 0.05 Acres
- MLS Number: PAPH2356374
- MLS Name: BRIGHT
- Office Name: Kurfiss Sotheby's International Realty
- Office Phone: (215) 735-2225
- Listing Agent: Michael A. Kelczewski
- Agent Phone: (302) 383-1983
- Agent Email: mkelczewski@kurfiss.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 9:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 04, 2019 | Home Sold | $1,455,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $- | $12,073 |
2022 | $817,500 | $11,453 |
2021 | $- | $11,453 |
2020 | $863,200 | $12,083 |
2019 | $854,700 | $11,964 |
2018 | $829,900 | $11,616 |
2017 | $844,100 | $11,815 |
History based on county public records data.
Nearby schools
3
Stephen Girard Elementary School
Public District KG-4
1.7 mi
•1800 Snyder Ave
5
Francis Scott Key School
Public District KG-6
1.7 mi
•2230 S 8th St
7
Abram Stockton Jenks School
Public District KG-5
1.8 mi
•2501 S 13th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,458. Typical income of Philadelphia, PA residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
Frequently asked questions
About 1108 Pine St
The listing price of 1108 Pine St property is $2,450,000.
The property 1108 Pine St is a house located in Philadelphia, Pennsylvania, 19107.
Active Listing: 1108 Pine St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1108 Pine St are: Stephen Girard Elementary School (GreatSchools Rating 3/10), Francis Scott Key School (GreatSchools Rating 5/10), Abram Stockton Jenks School (GreatSchools Rating 7/10), General George A. McCall School (GreatSchools Rating 6/10), Independence Charter School (GreatSchools Rating 7/10), Universal Institute Charter School (GreatSchools Rating 6/10), Academy at Palumbo (GreatSchools Rating 8/10), Creative and Performing Arts (GreatSchools Rating 5/10), Philadelphia Electrical & Tech Chs (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $12,073 (source: MLS/based on county public records data).
The last sale was on September 4, 2019 for $1,455,000 (source: MLS/tax record).
The property at 1108 Pine St has 0 bathroom.
The property 1108 Pine St is 4,200 SqFt (source: MLS/tax record).
The year of construction for 1108 Pine St is 1968.
This home is located at 1108 Pine St in Philadelphia, PA and zip code 19107 in the Center City neighborhood. This 4,200 square foot home, which was built in 1968, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $2,450,000.
The number of homes for sale in Philadelphia, PA increased by 36.5% between May and June 2025. In June 2025 median list price was $292,873 and the average listing age was 90 days.