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Have you been expanding your business and you are looking for a permanent spot for your business? This affordable Mixed-use investment opportunity located along a major commercial corridor in the Olney/Oak Lane section of North Philadelphia. This 3-unit property consists of a vacant first-floor commercial space, a bi level second/third-floor residential apartment, and a separately located 4-car garage, offering multiple income streams. The first-floor commercial unit features direct access to the basement and a separate side entrance, providing flexibility for a variety of business uses. The second-floor residential unit has its own private side entrance where the o...wner can live above the business. The detached 4-car garage, located directly behind the building, provides additional rental income potential. Situated at 421 W Olney Ave, the property is surrounded by residential housing and is just one block from 5th Street. The location offers easy access to Roosevelt Boulevard, Broad Street, and Cheltenham Avenue, making it convenient for tenants and customers alike. This property presents an excellent opportunity for an owner-occupant or investor to add value by leasing the commercial space while collecting existing rental income from the residential unit and garage. Property is being sold as-is.

Bright MLS, MLS#: PAPH2687468
Listed By: BHHS Fox & Roach-Blue Bell, Benjamin Wong, benjamin.wong@foxroach.com

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Accessibility Features

  • 2+ Access Exits

Architectural Style

  • Other

Construction Materials

  • Masonry

Cooling

  • Central A/C

Foundation Details

  • Other

Heating

  • Forced Air

Other Structures

  • Above Grade
  • Below Grade

Parking Features

  • Private

Property Condition

  • Very Good

Sewer

  • Public Sewer

WaterSource

  • Public
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Listed By:
BHHS Fox & Roach-Blue Bell
Benjamin Wong
benjamin.wong@foxroach.com

Data Source: Bright MLS

MLS#: PAPH2687468

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This property was listed on 11/3/2026 and last updated as of 11/3/2026 9:39:49 PM. OSI IDX updated the data from Bright MLS on 11/7/2026 at 2:19 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.