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Prime Philadelphia Retail Property

419 S 2nd St Philadelphia, PA 19147

419 S 2nd St, Philadelphia, PA, 19147

$6,500,000

For Sale

$6,500,000

Located at the intersection of 2nd and Lombard.

Property Size33,500 SF

Price / SF$194.03

AddedApr 6

Days on Market102

Last RefreshJul 16 at 6:47 am

Property Features for 419 S 2nd St

General Information

Standard status: Active
Size: 33,500 SF

Building Details

Year Built: 1900

Listing office M S Fox Real Estate Group Inc

Listing date Apr 6, 2026

Source Evrealestate

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 M S Fox Real Estate Group Inc

Investment Insights

Based on property information with market context.

This commercial real estate is a retail property and storefront property located at the intersection of 2nd and Lombard. The property size is 33,500 square feet.

Key Highlights

Central air cooling for those hot summer days.
Forced air heating for consistent warmth.
Natural gas heating provides an efficient heating solution.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$603.0k	$18.00
− Vacancy	−$62.1k	−$1.85
EGI	$540.9k	$16.15
− OpEx	−$162.3k	−$4.84
NOI	$378.6k	$11.30

33,500 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use

Retail

$5.41M

$4.73M – $6.31M (±1% cap)

NOI $378,624 @ 7.0% cap · market cap 5.82%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$8.17M

$7.15M – $9.53M (±1% cap)

NOI $571,674 @ 7.0% cap · market cap 8.79%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

INS Consultants Inc Business Management Consultant Standard Ultrasound Production Facility Premier Wellness Philadelphia ... Gym & Fitness Center Michael W. Untermeyer, ... Consultant Cash Now Philly Real Estate Agency

Suggested Use

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What type of property is this?

Storefront property - Located at the intersection of 2nd and Lombard.

Where is this storefront property located?

The property is located at 419 S 2nd St Philadelphia, PA.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Central air cooling for those hot summer days.; Forced air heating for consistent warmth.; Natural gas heating provides an efficient heating solution.