222 CHURCH ST, Philadelphia, PA 19106
222 CHURCH ST, Philadelphia, PA 19106
222 CHURCH ST, Philadelphia, PA 19106
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Listed by Ryan McManus • Keller Williams Liberty Place
$12,000,000
Est. payment /mo
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10,479 Sqft Lot
Active

222 CHURCH ST Philadelphia, PA 19106

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Addison Wolfe Real Estate

Addison Wolfe Real Estate

+1(215) 862-5500

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Old City

MLS Listing ID PAPH2575996

Year Built 1849

Available Date 2026-01-19

Annual Tax Amount $128,781

Tax Year 2025

Lot Size 10,479 Sqft

Acres 0.24

Lot Dimensions 67.00 x 158.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

222 Church Street in Old City represents one of the finest multifamily acquisitions available in the Greater Philadelphia marketplace, standing tall and proud, boasting forty-five (45) units with a stately redbrick facade in Philly's most historic district. Anchored by three (3) ground floor commercial spaces which activate the streetscape, the location at 2nd and Market cannot be replicated — this is irreplaceable commercial real estate in a Top-10 USA MSA — the #1 destination in the world to visit in 2026, according to WSJ. As the world descends upon Philadelphia in the summer of 2026 for the World Cup, America's (250th) Semiquincentennial celebration, MLB All-Star Game and PGA Championship, 222 Church is positioned at the forefront of the action. The Property consists of commercial (11%), studios (9%), 1bd (51%) and 2bd (29%) apartments with private balconies on the north side of the building and private decks on the west side of the building. Cobblestone entry (via Church Street), hardwood floors, exposed brick and beam, 20' ceilings (in select units), central HVAC, lofted units (in select units), updated appliances, southern exposure and dramatic curb appeal are some of the cornerstone characteristics of this ±51,000 SF turnkey apartment building. The massive ±.25-acre lot runs street-to-street from Market-to-Church, with ±67' of prime Old City Market Street frontage — providing exceptional coverage and access for residents and commercial patrons alike. Highly-coveted CMX3 zoning affords potential for “air-rights” vertical enhancement if desired, as well as short-term stay accommodations “by-right.” The 2nd Street Station is located on the corner (Septa Market-Frankford train), providing immediate access to Center City and University City. Independence Hall, The Liberty Bell, Elfreth's Alley, Betsy Ross House and many of the world's most sought-after historic attractions are within walking distance in "America's Most Historic Square Mile" — as well as the popular galleries, cafes, shops, boutiques and restaurants that make Old City one of the most vibrant neighborhoods on the Eastern seaboard — particularly on “First Fridays.” Quick connections to the New Jersey bridges, I-95 and 676 can be made by car in just minutes. Many of the region's top companies are headquartered along the Market Street corridor from river-to-river, positioning 222 Church as a highly-eligible candidate for the local corporate workforce and creatives, as well as the world-class health systems (CHOP, HUP, JEFFERSON) that power Philly's economy. Convenience, connectivity, culture, cuisine and commerce intersect at 222 Church — a rare, 6-storey, elevator apartment building with neighborhood-friendly retail, strong historic residential occupancy and tangible rental upside via capital enhancements — a generational, prime central real estate acquisition opportunity with ±20% rental upside and the ability to convert the rear commercial spaces into Class-A amenities for building residents.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX3

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Hardwood

Heat Source Natural Gas

Exterior

Water Access N

View City

Roof Type Built-Up,Flat

Accessibility Elevator

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881005510

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Addison Wolfe Real Estate

Addison Wolfe Real Estate

+1(215) 862-5500

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222 CHURCH ST

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