$999,000

For the first time since 1950, a defining piece of East Falls is available for purchase, offering a rare opportunity to acquire the iconic cornerstone building at 3711 Midvale Avenue along with the parking lot at 3361 Frederick Street. This multigenerational, family-run landmark spans approximately 7,800 square feet across three levels, featuring a lower level consisting of the building’s mechanicals, several storage rooms, and access doors to the side street, while the main level is accessible from the main front stairs or the side driveway access ramp and includes a large open space with a gas fireplace, an office with a powder room, a rear sitting room with a powder room, a manual lift that lowers to the lower level, and a staircase that leads to the upper floor with access to the side street. The upper level offers a spacious open area with 15’+/- ceiling height and a front storage room, creating a versatile canvas within a property that benefits from a strategic dual-zoning advantage, the building is zoned CMX-2.5 while the parking lot is zoned RSA-5. This property is nestled among the neighborhood's popular restaurants and cafes and sits at the heart of a burgeoning culinary and social scene, benefiting from the established foot traffic of local favorites that draw residents from across the city. Positioned just steps from the SEPTA Regional Rail and major bus routes. This is your chance to make a lasting mark in one of Philadelphia’s most resilient and flourishing communities. 3711 Midvale Ave and 3361 Frederick Street are separate parcels and have separate water/sewer and tax bills. Parking lot spaces are not marked, spot count is estimated.