1400-14 S DARIEN STREET

PHILADELPHIA, PA19147

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.

Listing courtesy of SDG Management, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.