Prime Corner Mixed-Use Building Near Temple Hospital
Nestled on a prominent corner in the Tioga-Nicetown neighborhood, 1520 W Ontario St presents a valuable mixed-use opportunity just three blocks from Temple University Hospital. This 3-story property features a vacant commercial space on the ground floor and two residential units above, offering a versatile layout ideal for investors or owner-users.
Property Highlights
Built in 1930 with a classic stucco facade and strong street presence
Ground floor commercial unit ( 1,000 SF)--ideal for retail, office, or service use; currently vacant
Unit 2R: Studio apartment (vacant)
Unit 3: 4-bedroom, 2-bath unit with two rooms currently occupied
Unfinished basement providing additional storage or utility space
Location Advantages
Only 3 blocks (0.1 miles) from Temple University Hospital, ensuring strong foot traffic and tenant demand
Excellent accessibility: Walk Score of 81 and Transit Score of 81 with nearby Allegheny and Erie stations
Close to shops, restaurants, and other neighborhood amenities--ideal for tenants and commercial patrons alike
Lot & Zoning Details
Lot size: 1,292 SF (building footprint closely matches)
Total building area: Approximately 2,032 SF above grade
Zoning permits commercial use on the ground floor and residential units above, supporting flexible use strategies
This is a strong value-add or income-producing opportunity with upside in both the commercial and residential components.