990 & 992 N 2nd St
- Prime CORNER location
- Frontage: 30' on N 2nd, 78' on Wildey St
- 6 units: (2) commercial, (4) 1BD/1BA
- Zoned CMX2.5
- Great opportunity for an investor or owner-operator!
Property Description
MPN is pleased to market for sale two contiguous buildings at the CORNER of 2nd & Wildey in Northern Liberties. These buildings are in the heart of the commercial corridor, across the street from Heirloom Market, Starbucks, and The Piazza. 990 N 2nd has continuously operated as a 3-unit multifamily for decades. 992 N 2nd was built from the ground up in 2010. The property features a ground-floor commercial space and a Wildey St entrance to the light-filled apartments above. In August 2026, the commercial tenant is approaching the end of their term with no options in place for renewal. While the tenant has indicated they would like to stay, this offers an opportunity to re-tenant at a market rate, which is substantially higher than the current lease. Alternatively, an owner-operator will have the opportunity to be in an unmatched location within the neighborhood. Additionally, the first floor of 990 N 2nd should be converted to retail, which would increase rent and facilitate a conversion to a NNN format.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,790,000 |
| No. of Units: | 6 |
| Year Built: | 1920 |
| Lot Size: | 0.03 Acres |
| Opportunity Zone: | No |
| Price per unit: | $298,333 |
| Property Website | Click Here |
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