Building Details

Year Built 1900

Construction brick

Listing Agency: Coldwell Banker Realty c***@cbpref.com Show Phone

Listed By: Doug Gungor Show Phone

Source: Cummingsrealtors

Added: Aug 24 Changed: Sep 3 Last Checked: Sep 2 at 4:57PM

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Investment Insights

Based on property information with market context.

This 2,100-square-foot storefront property, built in 1900, combines a reception area with closet storage, a 300-square-foot semi-private room topped by a skylight, and two additional semi-open rooms with sliding doors. The layout also includes a kitchenette with supplemental closet space and a full bathroom, while distributed mini-split systems provide room-by-room temperature control. Original hardwood flooring, exposed brick, and abundant lighting contribute to the interior character.

The property is located in Old City at 16 S 3RD STREET #COM in Philadelphia. CMX-3 zoning supports various permitted uses by right, including retail, office, care, educational, medical, beverage, grocery, pet-related, apparel, radio, television, and studio uses. A full interior reconfiguration is also identified as an option.

Key Highlights

• 2,100‑square‑foot storefront property in Old City
• CMX‑3 zoning with multiple permitted uses by right
• 300‑square‑foot semi‑private room with skylight

Property Analytics

Current Use

The Styled Bride Event Planning Papertree Studio Wedding Service Asya Photography Photography Service Studio Nine Photography Wedding Service Earf Studios Film Production

Suggested Use

Top Pick Plumbing Service Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11,111

Businesses Nearby

81k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 46% Dining 26% Groceries 16% Shops & Services 12%

Le Pain Quotidien Dining

15,049 visits/mo 0.4 miles

Philadelphia Marriott Old City Hotels & Casinos

14,972 visits/mo 0.4 miles

ACME Markets Groceries

12,615 visits/mo 0.5 miles

Kimpton Hotel Monaco Philadelphia Hotels & Casinos

10,769 visits/mo 0.2 miles

Starbucks Dining

5,627 visits/mo 0.1 miles

Demographics for 19106, PA

15,190

Population

9,913

Households

1.5

Avg Household Size

39

Median Age

80%

College-Educated

96%

High-School Grad

0.9 sq mi

ZIP Area

16,878

Density / Sq Mi

$129,779

Median Household Income

$93,953

Median Earnings

$2,219

Median Rent

$528,700

Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019

8.2% 2020

7.8% 2021

6.6% 2022

6.2% 2023

5.5% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - CMX-3-zoned commercial space with adaptable rooms, original hardwood floors, exposed brick, and distributed mini-split systems.

Where is this storefront property located?

The property is located at 16 S 3RD STREET #COM Philadelphia, PA.

What are key features of this property?

This property features: 2,100‑square‑foot storefront property in Old City; CMX‑3 zoning with multiple permitted uses by right; 300‑square‑foot semi‑private room with skylight