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    701 E Passyunk Ave Philadelphia, PA 19147

    For Sale
    $1,550,000

    Retail space in high-profile Queen Village location for sale.

    Property size:
    5,042 SF
    Lot size:
    0.07 Acres

    Property Features for 701 E Passyunk Ave

    General Information

    Size
    5,042 SF
    Lot size
    0.07 Acres

    Source: Equity CRE Agent David Goodman

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

    Overview

    Queen Village Retail Opportunity

    This property is located in the high-profile Queen Village neighborhood. The building offers approximately 5,042 square feet of space on the main floor and mezzanine levels, with an additional full basement. Including the basement, the total area is approximately 11,946 square feet. The property is zoned CMX2, which allows for a variety of uses. The property was previously used as a bank and a restaurant.
    Insight Report Location Intelligence

    Current Use by Public Records

    PNC Bank Atm PNC Bank ATM Atm PNC ATM Atm

    Suggested Use

    Restaurant Law Firm Realty agency 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
    -75.150726
    Latitude
    39.94089

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    FAQs

    What type of property is this?
    Bank - Retail space in high-profile Queen Village location for sale.
    Where is this bank located?
    The property is located at 701 E Passyunk Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - High profile Queen Village location; - Boasting ±5,042 SF on the main floor & mezzanine, plus a full basement (±11,946 SF including basement); - CMX2 zoning allows for a variety of uses
    (610) 645-7700
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    701 E Passyunk Ave Philadelphia, PA 19147
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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
    701 E Passyunk Ave Philadelphia, PA 19147
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