1900-1902 South St - Office FOR SALE


Philadelphia, PA 19146- Southwest Center City
$1,900,000 USD
610-645-7700
1900-1902 South St, Philadelphia, PA for Sale
$1,900,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

1900-1902 South St
Philadelphia, PA 19146
Southwest Center City


HIGHLIGHTS

  • Premier Corner Location
  • Thriving Philadelphia Retail Corridor
  • Flexible CMX-2 Zoning & Redevelopment Potential

OVERVIEW

Equity CRE is pleased to offer the opportunity to purchase a ±2,500 SF vacant bank building on a ±1,300 SF & highly visible corner lot in Philadelphia, PA. Located at 1900 South St, this property sits directly on the signalized intersection of South St & 19th St, with roughly 36 feet of frontage on each street. This frontage provides excellent visibility to pedestrian and vehicular traffic in every direction. Directly catty-cornered to the property is a Penn Medicine outpatient center, which provides additional daily visibility and traffic. South Street is one of Philadelphia’s most active mixed-use retail and dining corridors, connecting the Rittenhouse/Fitler Square (to the north) & Graduate Hospital (to the south) neighborhoods. The immediate area is dense, walkable, and transit-served, making this property suitable for many different uses. Zoned CMX-2, Neighborhood Commercial Mixed-Use, the property can accommodate a wide range of uses including retail, personal or commercial services, office, and restaurant, with residential permitted above the ground floor. The 2-story layout lends itself to an investor who is an end-user and could use the building as-is, but also to a buyer looking to repurpose/redevelop the site. This property is being offered in “as-is” condition, and the seller is not obligated to provide property improvements or alterations.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$733 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant Bank Branch

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

C2, Philadelphia

APN/PARCEL ID

882270070

ASK ABOUT THIS PROPERTY

Edward GinnEquity CREMore Info
610-645-7700

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Edward GinnEquity CREMore Info
610-645-7700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.