234 ARCH Street Philadelphia, PA 19106

Building Details

Year built

1890

Building materials

Masonry

Listing agency Mallin Panchelli Nadel Realty Inc r***@mpnrealty.com Show Phone

Listed by Alexandra Charen · License #RS351522 Show Phone

Added: Apr 13 Updated: Jun 9 at 11:43AM Checked: Jul 23 at 12:06AM

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MLS# PAPH2607196

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Investment Insights

Based on property information with market context.

This commercial space offers approximately 700 square feet of retail space in Philadelphia's Old City neighborhood. The property features 15 feet of frontage on Arch Street and benefits from high pedestrian foot traffic. Zoned CMX-3, the space is suitable for various business uses, including boutique retail, professional offices, artist studios or galleries, and non-vented food operations. The location is accessible via SEPTA bus lines 5 and 48, and is a few blocks from the Market Frankford Subway Line. Old City is known as America's "most historic square mile", hosting numerous museums, institutions, theaters, and art galleries. The area is experiencing significant residential growth, with a projected population increase of 5.3% over the next five years. The lot size is approximately 0.0218 acres.

Key Highlights

• High pedestrian foot traffic on Arch Street.
• Prime location in Old City, America's "most historic square mile".
• Projected 5.3% population growth in the next 5 years.

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FAQs

What type of property is this?

Retail space - 700 SF retail space in Philadelphia's historic Old City.

Where is this retail space located?

The property is located at 234 ARCH Street Philadelphia, PA.

What is the lease rate?

The lease rate is $2,250 /Mo.

What are key features of this property?

This property features: High pedestrian foot traffic on Arch Street.; Prime location in Old City, America's "most historic square mile".; Projected 5.3% population growth in the next 5 years.