Storefront
New
For Sale
Contact for pricing
2600 S 6TH STREET, Philadelphia, PA 19148
CMX-1 zoning may support neighborhood retail uses, subject to applicable requirements and approvals.
Property Size1,536 SF
Price / SF$1.14
Days on Market6
Property Features for 2600 S 6TH STREET
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Commercial
Zoning
CMX-1
Site & Location
Neighborhood
Kensington
Building Details
Year Built
1920
Listing Agency:
Philly LMG, LLC
(215) 545-7007
Listed By:
Sabina Palermo · License #RS345386
(215) 821-5527
Source:
Cummingsrealtors
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 8:15AM
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 Philly LMG, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property at 2600 S 6th Street is identified as a commercial space in a residential section of South Philadelphia. The building dates to 1920, and its CMX-1 zoning may accommodate neighborhood retail uses, subject to applicable requirements and approvals.
Nearby homes and businesses, along with major thoroughfares, provide the surrounding context for the property.
Nearby homes and businesses, along with major thoroughfares, provide the surrounding context for the property.
Key Highlights
- CMX‑1 zoning may accommodate neighborhood retail uses, subject to applicable requirements and approvals
- Building dates to 1920
- Located at 2600 S 6th Street in South Philadelphia
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,360
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,200
$347.2K
Cap Rate 7%
$248,000
$248.0K
Cap Rate 9%
$192,889
$192.9K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$27.6K $18.00/SF
− Vacancy
−$2.8K −$1.85/SF
EGI
$24.8K $16.15/SF
− OpEx
−$7.4K −$4.84/SF
NOI
$17.4K $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%
$347,200
Cap Rate 7%
$248,000
Cap Rate 9%
$192,889
Alternative Uses
Best Use
Specialty Retail
$318.0K
$278.2K – $371.0K
NOI $22,257 @ 7.0% cap · market cap 1,271.83%
Second Best
Retail
$248.0K
$217.0K – $289.3K
NOI $17,360 @ 7.0% cap · market cap 992.00%
Theoretical Best
Multifamily LT 5
$374.5K
$327.7K – $436.9K
NOI $26,212 @ 7.0% cap · market cap 1,497.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,038
Businesses Nearby
167k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 34%
Groceries 10%
Apparel 3%
McDonald's
Dining
28,372 visits/mo
0.4 miles
Wendy's
Dining
15,283 visits/mo
0.4 miles
Lukoil
Shops & Services
12,432 visits/mo
0.4 miles
Speedway
Shops & Services
12,422 visits/mo
0.2 miles
Checkers
Dining
12,268 visits/mo
0.4 miles
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
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- Botany — N Broad St, Philadelphia, PA 19140
- 5th Street Florists — 2830 N 5th St, Philadelphia, PA 19133
- Showers of Flowers — 2906 n 5th st, philadelphia, pa 19133
Frequently Asked Questions
What type of property is this?
Storefront property - CMX-1 zoning may support neighborhood retail uses, subject to applicable requirements and approvals.
Where is this storefront property located?
The property is located at 2600 S 6TH STREET Philadelphia, PA.
What are key features of this property?
This property features: CMX‑1 zoning may accommodate neighborhood retail uses, subject to applicable requirements and approvals; Building dates to 1920; Located at 2600 S 6th Street in South Philadelphia
