Street-Level Retail with Rear
For Sale
Contact for pricing
2206 South Street, Philadelphia, PA 19146
Street-level retail with flexible layout, high ceilings, ADA restroom, and CMX-2 zoning along South Street corridor.
Property Size802 SF
Price / SF$3.25
Days on Market115
Property Features for 2206 South Street
General Information
Standard status
Active
Size
802 SF
Property subtype
Retail
Zoning
CMX-2
Lease Term
NNN
Additional Details
Highway Access
Yes
Building Details
Building Size
802 SF
Properties For Sale
at 2206 South Street
2206 South Street
Size
800 SF
Term
Negotiable
Listed By:
Steven Clofine
(215) 601-4878
Source:
Mpnrealty
Added: Jun 25
Changed: Oct 15
Last Checked: Oct 16 at 6:14AM
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 Steven Clofine
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Investment Insights
Based on property information with market context.
This street-level retail space offers an open, flexible layout with high ceilings and 16 feet of frontage on South Street. In addition to the main level, the property includes a lower level with a large basement, plus one ADA bathroom. A rear yard rounds out the improvements and provides added functionality for everyday operations.
Located on the South Street corridor with high visibility, the property is positioned between South Philadelphia and Center City in the Graduate Hospital neighborhood. It is described as steps from Wawa, Starbucks, and CVS. Access to major roadways including I-76 and I-95 is noted, along with nearby attractions such as Fitler Square, Schuylkill River Park, and Harvest Market.
With CMX-2 zoning and an accommodating layout, the space can work for a variety of storefront uses that benefit from street-level presence. The combination of prominent frontage, an ADA restroom, and usable lower-level and basement space supports businesses that need both customer-facing areas and additional back-of-house capacity.
Located on the South Street corridor with high visibility, the property is positioned between South Philadelphia and Center City in the Graduate Hospital neighborhood. It is described as steps from Wawa, Starbucks, and CVS. Access to major roadways including I-76 and I-95 is noted, along with nearby attractions such as Fitler Square, Schuylkill River Park, and Harvest Market.
With CMX-2 zoning and an accommodating layout, the space can work for a variety of storefront uses that benefit from street-level presence. The combination of prominent frontage, an ADA restroom, and usable lower-level and basement space supports businesses that need both customer-facing areas and additional back-of-house capacity.
Key Highlights
- 800 SF street‑level retail space with an additional lower level
- 16 ft of frontage on the South Street corridor
- Includes one ADA bathroom and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,042
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,840
$180.8K
Cap Rate 7%
$129,171
$129.2K
Cap Rate 9%
$100,467
$100.5K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.4K $18.00/SF
− Vacancy
−$1.5K −$1.85/SF
EGI
$12.9K $16.15/SF
− OpEx
−$3.9K −$4.84/SF
NOI
$9.0K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,840
Cap Rate 7%
$129,171
Cap Rate 9%
$100,467
Alternative Uses
Best Use
Retail
$129.2K
$113.0K – $150.7K
NOI $9,042 @ 7.0% cap · market cap 347.77%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$195.0K
$170.7K – $227.5K
NOI $13,652 @ 7.0% cap · market cap 525.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9,620
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 36%
Wawa
Shops & Services
15,928 visits/mo
0.0 miles
Shake Shack
Dining
6,108 visits/mo
0.5 miles
Starbucks
Dining
5,430 visits/mo
0.4 miles
Extra Space Storage
Shops & Services
3,211 visits/mo
0.5 miles
Caliber Collision
Shops & Services
1,195 visits/mo
0.5 miles
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Storefront property - Street-level retail with flexible layout, high ceilings, ADA restroom, and CMX-2 zoning along South Street corridor.
Where is this storefront property located?
The property is located at 2206 South Street Philadelphia, PA.
What are key features of this property?
This property features: 800 SF street‑level retail space with an additional lower level; 16 ft of frontage on the South Street corridor; Includes one ADA bathroom and high ceilings
