222 CHURCH STREETPHILADELPHIA, PA 19106

Commercial · 51,000 Sq. ft. | 0.24 Acres
$12,000,000 ACTIVE

222 CHURCH STREET Overview

Time on Site:
162 days
Visits:
25

222 Church Street in Old City represents one of the finest multifamily acquisitions available in the Greater Philadelphia marketplace, standing tall and proud, boasting forty-five (45) units with a stately redbrick facade in Philly's most historic district. Anchored by three (3) ground floor commercial spaces which activate the streetscape, the location at 2nd and Market cannot be replicated — this is irreplaceable commercial real estate in a Top-10 USA MSA — the #1 destination in the world to visit in 2026, according to WSJ. As the world descends upon Philadelphia in the summer of 2026 for the World Cup, America's (250th) Semiquincentennial celebration, MLB All-Star Game and PGA Championship, 222 Church is positioned at the forefront of the action. The Property consists of commercial (11%), studios (9%), 1bd (51%) and 2bd (29%) apartments with private balconies on the north side of the building and private decks on the west side of the building. Cobblestone entry (via Church Street), hardwood floors, exposed brick and beam, 20' ceilings (in select units), central HVAC, lofted units (in select units), updated appliances, southern exposure and dramatic curb appeal are some of the cornerstone characteristics of this ±51,000 SF turnkey apartment building. The massive ±.25-acre lot runs street-to-street from Market-to-Church, with ±67' of prime Old City Market Street frontage — providing exceptional coverage and access for residents and commercial patrons alike. Highly-coveted CMX3 zoning affords potential for 'air-rights' vertical enhancement if desired, as well as short-term stay accommodations 'by-right.' The 2nd Street Station is located on the corner (Septa Market-Frankford train), providing immediate access to Center City and University City. Independence Hall, The Liberty Bell, Elfreth's Alley, Betsy Ross House and many of the world's most sought-after historic attractions are within walking distance in America's Most Historic Square Mile — as well as the popular galleries, cafes, shops, boutiques and restaurants that make Old City one of the most vibrant neighborhoods on the Eastern seaboard — particularly on 'First Fridays.' Quick connections to the New Jersey bridges, I-95 and 676 can be made by car in just minutes. Many of the region's top companies are headquartered along the Market Street corridor from river-to-river, positioning 222 Church as a highly-eligible candidate for the local corporate workforce and creatives, as well as the world-class health systems (CHOP, HUP, JEFFERSON) that power Philly's economy. Convenience, connectivity, culture, cuisine and commerce intersect at 222 Church — a rare, 6-storey, elevator apartment building with neighborhood-friendly retail, strong historic residential occupancy and tangible rental upside via capital enhancements — a generational, prime central real estate acquisition opportunity with ±20% rental upside and the ability to convert the rear commercial spaces into Class-A amenities for building residents.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

222 CHURCH STREET Facts & Features

  • Type Commercial
  • Sq. ft. 51,000
  • Price/Sq.ft. $235
  • Lot 0.24 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1849

Business Information

  • Business Type: Apartment Building,Other/General Retail

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19106 (19106)
  • Subdivision Name: OLD CITY

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Tax Information

  • City/Town Tax: 56662.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 72118.00
  • Tax Annual Amount: $128,781.00
  • Tax Assessed Value: 9200000.00
  • Tax Year: 2025

General Information

  • Historic: Yes
  • Property Condition: Very Good
  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: CMX3

Interior

Building Information

  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 51000.00
  • Central Air: Yes
  • Elevators Count: 1
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Elevator
  • Cooling: Central A/C
  • Entry Level: 1
  • Flooring: Hardwood
  • Foundation Details: Concrete Perimeter
  • Stories Total: 6

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Estimated
  • Lot Size Acres: 0.24
  • Lot Size Dimensions: 67.00 x 158.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10479.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • View: City
  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Masonry, Brick
  • Roof: Built-Up, Flat

General Information

  • Number Of Units Total: 45
  • Sewer: Public Sewer
  • Water Access: No

222 CHURCH STREET Neighborhood

Community

19106 (PHILADELPHIA) Demographics

38
Median Age
11,225
Population Density (per sq. mile)
80%
College Educated
$116,368
Estimated Median Income
3,659
Estimated Total Home Owners
3,966
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

222 CHURCH STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

222 CHURCH STREET Market Data

Based on the last 30 days in this zip code

$1,044,762
Average List Price
$623
Average Price per Square Foot
23
Properties Sold
142
Average Days on Market
128
Properties for Sale
Calculations provided by Reliance Network

222 CHURCH STREET History

Date Event Value Agent
1/18/2026Source: BRIGHT MLS Status Change
ACTIVE
1/18/2026Source: BRIGHT MLS Added to Database
January 18, 2026
Listing provided courtesy of Keller Williams Liberty Place- MLS# PAPH2575996MLS ProviderContact Information: [email protected] - 6093995454