Corner Retail
3401 Hamilton Street # C1, Philadelphia, PA 19104
For Sale
New
Contact for pricing
Finished ground-floor space includes two entrances, HVAC distribution, plumbing, an ADA-compliant restroom, and dedicated storage.
Property Size1,200 SF
Price / SF$2.71
Days on Market1
Property Features for 3401 Hamilton Street # C1
General Information
Standard status
Size
Property subtype
Zoning
Lease Term
Site & Location
Neighborhood
Amenities
Electric
Yes
Public
69.00 x 75.00
0.12
No
Assessor
Off Site
Building Details
Year Built
Listing Agency:
BHHS Fox & Roach-Center City Walnut
(215) 627-6005
Listed By:
Frank L DeFazio · License #RS299840
(610) 636-4364
Source:
Thetristaterealestategroup
Added: Nov 6
Last Checked: Nov 6 at 2:52PM
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 BHHS Fox & Roach-Center City Walnut
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200 SF ground-floor storefront occupies the corner level of a mixed-use building completed in 2025. The finished interior has wood-look flooring, painted walls, ceilings and lighting, electrical distribution, HVAC distribution, plumbing infrastructure, an ADA-compliant restroom, and a dedicated storage closet. Two separate entrances serve the space, which has frontage on two streets. Light food preparation is contemplated; heavy cooking that requires a commercial grease exhaust system is not. Uses remain subject to applicable approvals.
At 34th and Hamilton Streets in University City, the property is near Drexel University, the University of Pennsylvania, Penn Medicine, and CHOP, as well as a growing residential community. The corner is signalized.
At 34th and Hamilton Streets in University City, the property is near Drexel University, the University of Pennsylvania, Penn Medicine, and CHOP, as well as a growing residential community. The corner is signalized.
Key Highlights
- Approximately 1,200 SF of finished ground‑floor retail space
- Two separate entrances and frontage on two streets
- Completed in 2025 as part of a mixed‑use building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,563
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,260
$271.3K
Cap Rate 7%
$193,757
$193.8K
Cap Rate 9%
$150,700
$150.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$2.2K −$1.85/SF
EGI
$19.4K $16.15/SF
− OpEx
−$5.8K −$4.84/SF
NOI
$13.6K $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%
$271,260
Cap Rate 7%
$193,757
Cap Rate 9%
$150,700
Alternative Uses
Best Use
Specialty Retail
$248.4K
$217.4K – $289.8K
NOI $17,388 @ 7.0% cap · market cap 535.02%
Second Best
Retail
$193.8K
$169.5K – $226.1K
NOI $13,563 @ 7.0% cap · market cap 417.32%
Theoretical Best
Multifamily LT 5
$292.5K
$256.0K – $341.3K
NOI $20,478 @ 7.0% cap · market cap 630.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,589
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 18%
7-Eleven
Shops & Services
21,916 visits/mo
0.3 miles
Saxbys Coffee
Dining
5,415 visits/mo
0.4 miles
Truist
Shops & Services
2,987 visits/mo
0.3 miles
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Philadelphia, PA
Properties on Market for Storefront properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
- Roses Florist — 36th and Chestnut Sheraton University City Hotel, 3551 Chestnut St, Philadelphia, PA 19104
- Ann K Floral — 2951 Market St, Philadelphia, PA 19104
Frequently Asked Questions
What type of property is this?
Storefront property - Finished ground-floor space includes two entrances, HVAC distribution, plumbing, an ADA-compliant restroom, and dedicated storage.
Where is this storefront property located?
The property is located at 3401 Hamilton Street # C1 Philadelphia, PA.
What are key features of this property?
This property features: Approximately 1,200 SF of finished ground‑floor retail space; Two separate entrances and frontage on two streets; Completed in 2025 as part of a mixed‑use building
