$6,950,000 USD
856-403-6873
417-421 South St
Philadelphia, PA 19147
Society Hill
OVERVIEW
Recent Appraisal: Dec 2025-$7.4M (Based on Regus Income Projection)
Newly Renovated-New HVAC (except), New Sprinkler System, New Facade
Gross Rents:
Rent Roll: $798,000 Gross-by 2028
Snipes: $270,000
Regus Projection:
2026-$88,000 Net
2027-$222,000
2028-2036-$333,000/year
Basement: 6000 SF @ $10= $60,000 (Listed-NON-Exclusive)
3rd Floor: 9000 SF @$15= $135,000 (Listed)-NON-Exclusive
Total Gross: $798,000
Taxes: $93,000
Ins.: $39,027
South Street Tax: $9,558
Peco/Water/Sewer/Security: All paid by tenants
FOR SALE DETAILS
PRICE
$6,950,000 USD
PRICE/SF
$211 USD /SF
CAP RATE
9.3%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Snipes Building
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
undefined, Day Care Center, Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1900
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.21 AC
LAND SF
9,148 SF
ZONING
CMX3
APN/PARCEL ID
882650400
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
856-403-6873
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
856-403-6873
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
