This offering presents a rare opportunity to acquire two contiguous CMX-2.5 zoned properties in the heart of Northern Liberties, combining stabilized income with long-term flexibility. The portfolio includes the mixed-use commercial building at 209-215 Fairmount Avenue and the adjoining parcel at 705 N American Street, together providing a 7,550 SF combined footprint - a scale increasingly difficult to assemble in the neighborhood. The property is leased through December 31, 2026 and produced $228,998 in total income in 2025. After full operating expenses, including property taxes, the asset generates approximately $203,500 in Net Operating Income, representing a 5.8% cap rate at the offering price. The existing lease term provides stable income while a buyer evaluates long-term plans and pursues planning or entitlement work, with a defined transition point at the end of 2026. The tenant has expressed interest in renewing; however, any future lease extension would be subject to negotiation with the new owner. This structure provides flexibility for continued income stabilization or repositioning following the current lease term. Assemblage Overview o 7,550 SF Contiguous Assemblage o Two Parcels: 209-215 Fairmount Avenue & 705 N American Street o CMX-2.5 Zoning - Mixed-Use Development Potential o Located in Northern Liberties o Income in Place Through 12/31/2026 o Defined Transition Timeline for Repositioning or Redevelopment 209-215 Fairmount Avenue (Primary Building) MLS# PAPH2482266 o Grand Second-Story Theatre Hall with Open-Span Volume o Preserved Theatre-Era Allegorical Ceiling Panels o 18' Pressed Metal Ceilings with Decorative Cornice Detailing (Main Level) o Original Interior Woodwork and Architectural Detailing o Hardwood Flooring on Upper Level o Full-Building Basement with 10'+ Ceiling Height o Significant Ceiling Volume Rare for Buildings of This Era o Adaptive Reuse or Conversion Potential 705 N American Street (Contiguous Parcel) MLS# PAPH2452904 o Vacant Paved Lot (Separate Parcel) o Secondary Access o Enhances Assemblage Scale and Site Configuration Flexibility Showings are limited to evenings after 6 PM and weekends to accommodate the current tenant. Virtual access available via 3D tour.