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141 LEAGUE STREET
141 LEAGUE STREET
141 LEAGUE STREET
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141 LEAGUE STREET
141 LEAGUE STREET
141 LEAGUE STREET
Courtesy of Keller Williams Main Line
For Sale

141 LEAGUE STREET

141 LEAGUE STREET, PHILADELPHIA, PA 19147

$1,650,000
They don't make buildings like 141 League Street anymore. Set on a quiet Queen Village side street one block off Front Street, this circa-1900 masonry landmark rises three stories behind a dramatic pedimented facade -- oversized industrial windows, private roof deck, and a full passenger elevator, a combination nearly impossible to find in one of Philadelphia's most desirable historic neighborhoods. The 10,206 SF building is 100% leased to two long-standing tenants (creative publisher, floors 1-2; established salon, floor 3) producing $112,403 in scheduled income -- an approx. 6.8% in-place yield on a net-effective basis, rising by contract in 2027. The upside is defined: both leases expire 1/31/2028 with in-place rents around $13/SF vs. estimated market rents of $20-$24/SF, giving the next owner a clear path to materially higher income -- re-lease at market, renew, or occupy 5,800 SF (57%) as an owner-user with SBA financing and rental income offsetting carry. Median household income of $97,514 within one mile, 395,000+ residents within three, pedestrian rating 100, and I-95 a tenth of a mile away. A fully leased income property today, a mark- to-market event in 18 months, and a trophy Queen Village asset forever. Offered at $1,650,000.

3,600 Sq.Ft. lot

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/3/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Bright MLS, Inc. all rights reserved.

Data last updated on 12/3/2025 at 2:30 AM UTC

Michael McCann

Michael McCann

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area3,600 Sq.Ft.
  • MLS® IDPAPH2656420
  • TypeCommercial
  • YEAR BUILT1900
  • NeighborhoodPhiladelphia
  • School DistrictPHILADELPHIA CITY

Exterior

  • water SourcePublic
  • parkingOn Street
  • HEAT TYPEHeat Pump(s)
  • AIR CONDITIONINGCentral A/C
  • sewerPublic Sewer
  • Disability FeaturesNone

Financial

  • Sales Price$1,650,000
  • Real Estate Tax $17,259/yr
  • Zoning RSA5
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Thank you for your interest in 141 LEAGUE STREET, PHILADELPHIA, PA 19147. We are reviewing your request and will be in touch shortly!

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