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    9 S 2Nd St Philadelphia, PA 19106

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    For Sale
    $2,500,000

    11,096 SF property in a sought-after Philadelphia commercial area.

    Property size:
    11,096 SF
    Lot size:
    0.07 Acres

    Property Features for 9 S 2Nd St

    General Information

    Size
    11,096 SF
    Lot size
    0.07 Acres

    Source: Binswanger - Corporate Agent Chris Pennington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Center City Commercial Asset Opportunity

    This 11,096 square foot property is situated on 0.07 acres in Center City Philadelphia. It is zoned CMX3-Community Commercial Mixed-Use by the City of Philadelphia. The property features a 38-foot frontage on 2nd Street. Its location offers convenient access to various SEPTA routes and major highways. The Ben Franklin Bridge is located just under one mile from the property. The estimated taxes for 2024 are $18,738.
    Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.143579
    Latitude
    39.95032

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    FAQs

    What type of property is this?
    Specialty property - 11,096 SF property in a sought-after Philadelphia commercial area.
    Where is this specialty property located?
    The property is located at 9 S 2Nd St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Prime location in a highly desirable commercial area of Center City Philadelphia.; - Convenient access to SEPTA routes, major highways, and the Ben Franklin Bridge.; - Substantial 11,096 SF building size.
    (215) 448-6053
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    9 S 2Nd St Philadelphia, PA 19106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 S 2Nd St Philadelphia, PA 19106
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