Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
20,531
SDG|RE is pleased to present 1400–1414 S Darien Street, a rare 25,400 SF mixed-use investment opportunity in the heart of Philadelphia's highly sought-after East Passyunk Corridor. Situated on a prominent hard-corner parcel just three blocks from the Italian Market and minutes from Center City, the property combines stable in-place cash flow with significant long-term value-add potential. The asset consists of seven renovated residential apartments and five commercial tenants occupying ten commercial spaces, creating a diversified income stream with a balanced residential and commercial revenue mix. Current gross potential income exceeds $339,000 annually, generating an in-place NOI of approximately $247,000. Residential units were comprehensively renovated in 2016 with updated kitchens, baths, HVAC systems, plumbing, electrical, windows, and in-unit laundry. Recent capital improvements include a new rear roof installed in 2025 with a 20-year warranty and a front roof recoat completed in 2026. The property's commercial component is anchored by established local operators, including Foreign Fix Auto Center, and benefits from below-market lease rates that provide substantial mark-to-market upside as leases renew. Residential rents similarly trail prevailing East Passyunk market rates, offering additional revenue growth opportunities through natural tenant turnover. Investment highlights include: • 25,400 SF mixed-use building on a 20,534 SF corner lot • 7 residential apartments and 5 commercial tenants (10 commercial spaces) • Strong in-place NOI of approximately $247,132 • Gross potential income of approximately $339,600 annually • Recent capital improvements and renovated residential units • Significant rental upside in both residential and commercial components • Walk Score of 96 and Transit Score of 90 • Three blocks from the Italian Market and approximately 12 minutes to Center City • Located within one of Philadelphia's most dynamic and supply-constrained mixed-use corridor Offered at $4,250,000 ($167/SF), 1400–1414 S Darien Street presents investors with the opportunity to acquire a sizable, income-producing mixed-use asset in a premier South Philadelphia location with multiple avenues for future value creation.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Parking
On Street, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(square feet)
15247.0
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$4,250,000
-
Tax Amount
$43,127
-
Zoning
See offering Memorandum
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Shawn E Witter , SDG Management, LLC
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AGENT
Mary Beth Diehl
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