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Mixed-Use Property with Retail
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640-642 South St, Philadelphia, PA 19147

The property combines an existing retail component with multifamily redevelopment potential.

Property SizeContact for details
Days on Market25

Property Features for 640-642 South St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Philadelphia
Listed By: Michael Barmash · License #AB042699A
Source: Colliers
Added: Aug 13 Changed: Sep 5 Last Checked: Sep 5 at 3:38AM

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 Philadelphia

Investment Insights

Based on property information with market context.

Located at 640-642 South St in Philadelphia, the property includes an existing retail component. The offering also presents multifamily redevelopment potential.

Key Highlights

  • Existing retail income component
  • Multifamily redevelopment potential
  • 640‑642 South St, Philadelphia, PA 19147

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Buffet Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10,003
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 64% Shops & Services 22% Dining 13% Electronics 1%
Whole Foods Market Groceries
37,607 visits/mo 0.3 miles
ACME Markets Groceries
20,427 visits/mo 0.4 miles
Sunoco Shops & Services
16,488 visits/mo 0.5 miles
ACME Markets Groceries
12,615 visits/mo 0.3 miles
Kung Fu Tea Dining
7,072 visits/mo 0.4 miles

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines an existing retail component with multifamily redevelopment potential.
Where is this mixed-use property located?
The property is located at 640-642 South St Philadelphia, PA.
What are key features of this property?
This property features: Existing retail income component; Multifamily redevelopment potential; 640‑642 South St, Philadelphia, PA 19147
More about this property
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