Mixed-Use Building with Vacant
For Sale
Contact for pricing
310 Market Street, Philadelphia, PA 19106
Three-property portfolio includes four commercial units, two residential units, and roughly 4,000 square feet of vacant space.
Property SizeContact for details
Days on Market122
Property Features for 310 Market Street
General Information
Standard status
Active
Property subtype
Retail, Multifamily, Mixed Use
Additional Details
Cap Rate
5%
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Graystone Capital Advisors
Listed By:
Lawrence Gariano · License #NJ 0790741
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 11:18PM
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 Graystone Capital Advisors
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to offer exclusively for sale a three-property portfolio located at 310, 311, and 313 Market Street. The assets include four commercial units and two residential units, along with roughly 4,000 square feet of vacant space ready to be converted to residential units. The opportunity described in the offering materials includes re-positioning the upper floors of 310 Market Street and increasing current below-market rents.
The portfolio is presented as currently yielding a 5% return, with potential to increase to 6.4% as part of the stated repositioning plan. The neighborhood context provided is Old City, described as one of Philadelphia’s most historic areas, with a mix of dining and nightlife, independent retailers, and technology, media, professional, and service organizations.
Financing information included in the offering materials notes bridge financing options at 4.5% with an 18-month interest-only period, intended to support the development of 310 Market Street.
The portfolio is presented as currently yielding a 5% return, with potential to increase to 6.4% as part of the stated repositioning plan. The neighborhood context provided is Old City, described as one of Philadelphia’s most historic areas, with a mix of dining and nightlife, independent retailers, and technology, media, professional, and service organizations.
Financing information included in the offering materials notes bridge financing options at 4.5% with an 18-month interest-only period, intended to support the development of 310 Market Street.
Key Highlights
- Three‑property portfolio at 310, 311, and 313 Market Street
- Includes 4 commercial units and 2 residential units
- Roughly 4,000 SF of vacant space ready to be converted to residential units
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
11,111
Businesses Nearby
81k
Monthly Visits Nearby
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-property portfolio includes four commercial units, two residential units, and roughly 4,000 square feet of vacant space.
Where is this mixed-use property located?
The property is located at 310 Market Street Philadelphia, PA.
What are key features of this property?
This property features: Three‑property portfolio at 310, 311, and 313 Market Street; Includes 4 commercial units and 2 residential units; Roughly 4,000 SF of vacant space ready to be converted to residential units
