You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $3,355,000
Office buildings

2708 Commerce Way Philadelphia, PA 19154-1019

35,148 SF 2.09 ac lot Built 1925
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-4678044
Property summary
AI-generated overview

This exceptional four-story, 35,148 square foot office building, situated on 2.09 acres in Philadelphia County, presents a unique investment opportunity. Built in 1925 and renovated in 1999, the Class B property boasts 10 suites, with 20,499 square feet currently vacant. The flexible floor plans offer spaces ranging from 2,351 to 5,150 square feet, ideal for various office configurations, including traditional, executive, medical, and creative uses. Amenities include 67 parking spaces, gas and electric power, elevators, and a convenient location near major commuter routes (Route 1, I-95, Pennsylvania Turnpike), providing easy access to Bucks and Montgomery Counties, South and Central New Jersey, and New York City. The building is zoned I1 and features high-end finishes throughout, including multiple private offices, conference rooms, kitchenettes, and common area restrooms in most units. Annual property taxes are $1.58 per square foot. The building's strategic location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a premium office space in Northeast Philadelphia. The second floor alone offers approximately 14,461 square feet, with the third floor offering 5,001 square feet and the fourth floor offering 2,847 square feet. This property is a rare find, combining location, size, and flexibility.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 35,148 SF
Lot 2.09 ac (91,258 SF)
Zoning code I1
APN 88-3-0920-50
UPID US73-4678044
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jerusalem Glatt Kosher General Contractor Construction Company
  • Kinder Kollege Inc High School Daycare Center
  • Abilities In Motion Charitable Organization Social Service Agency
  • Friedman's Financial Group Llc Financial Advisor
  • Davies Consulting LLC Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.23M
Blend (final) Blend
$3.36M
Owner & transaction history
Star Comfort LLC · 3 yrs held
Star Comfort LLC
since 2023
Last sale
$3.5M
7 recorded transactions
2023
$3.5M
2014
Price N/A
2004
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2708 Commerce Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message