Retail Building with Development
For Sale
$3,245,900
1216 N BROAD STREET, Philadelphia, PA 19121
5,313 SF retail building on a 10,500 SF lot, located in an Opportunity Zone along North Broad Street.
Property Size5,313 SF
Lot Size0.24 Acres
Price / SF$610.94
Days on Market131
Property Features for 1216 N BROAD STREET
General Information
Standard status
Active
Size
5,313 SF
Lot size
0.24 Acres
Property subtype
Retail
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$9,482
Building Details
Building Size
5,313 SF
Year Built
1966
Listing Agency:
Opus Elite Real Estate
Listed By:
Lisa Konopka · License #RS377205
(215) 200-6711
Source:
Patmckennarealtors
Added: Apr 28
Changed: Sep 4
Last Checked: Sep 5 at 5:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Opus Elite Real Estate
Investment Insights
Based on property information with market context.
This for-sale retail building totals 5,313 SF and sits on a 10,500 SF lot, offering space for redevelopment and possible vertical expansion. The property is positioned as an Opportunity Zone asset, which may support a range of development strategies.
Located along the North Broad Street corridor, the site is described as being just minutes from Temple University with easy access to public transportation. The surrounding context is presented as high-demand, supporting the notion of multiple end-use redevelopment pathways.
While the specific redevelopment program is not delineated, the offering is presented as a flexible site for mixed-use, multifamily, or student housing development, depending on approvals and final design.
Located along the North Broad Street corridor, the site is described as being just minutes from Temple University with easy access to public transportation. The surrounding context is presented as high-demand, supporting the notion of multiple end-use redevelopment pathways.
While the specific redevelopment program is not delineated, the offering is presented as a flexible site for mixed-use, multifamily, or student housing development, depending on approvals and final design.
Key Highlights
- 5,313 SF retail building on a 10,500 SF lot
- Located in a designated Opportunity Zone
- Situated along the North Broad Street corridor
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,035
Businesses Nearby
162k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Groceries 39%
Dining 14%
Home Improvements & Furnishings 2%
ACME Markets
Groceries
32,911 visits/mo
0.5 miles
Sprouts Farmers Market
Groceries
23,111 visits/mo
0.2 miles
Sunoco
Shops & Services
16,488 visits/mo
0.5 miles
Lukoil
Shops & Services
12,955 visits/mo
0.2 miles
Family Dollar
Shops & Services
9,909 visits/mo
0.2 miles
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - 5,313 SF retail building on a 10,500 SF lot, located in an Opportunity Zone along North Broad Street.
Where is this storefront property located?
The property is located at 1216 N BROAD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,245,900.
What are key features of this property?
This property features: 5,313 SF retail building on a 10,500 SF lot; Located in a designated Opportunity Zone; Situated along the North Broad Street corridor
