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    1643 2Nd St Philadelphia, PA 19122

    Sponsored
    For Lease
    $27 SF/Yr ($2,040 /Mo)

    Brand New Retail Building, 907 SF

    Lot size:
    907 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 907-square-foot retail space is located at 1643 N 2nd Street, Philadelphia, PA 19122, situated near the intersection of Cecil B Moore Avenue. The property, built in 2024, offers a single-tenant occupancy in a brand-new building. The entire 907 square feet is currently vacant and ready for immediate occupancy by a new tenant. The property is zoned CMX-1, providing flexibility for a variety of retail uses. Its convenient location in Philadelphia offers excellent visibility and accessibility for customers. The building's modern construction ensures energy efficiency and a contemporary aesthetic. This is a unique opportunity to establish a business in a vibrant and growing area of Philadelphia. The property's single-tenant configuration provides simplicity and control for the occupant. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is easily accessible and benefits from good visibility. This is an ideal space for a business seeking a modern, efficient, and well-located retail presence in Philadelphia. The property's recent construction ensures modern amenities and up-to-date building systems.

    Property Features for 1643 2Nd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    907 SF
    Total Rate
    2040.75

    Building Details

    Year Built
    2024
    Buildings
    1

    Unit(s) available at that property

    Space
    Available space
    Size
    907 SF
    Rate per SF
    $27

    HighLights

    • 907 SF of new construction retail space.
    • Ideal for light gym, creative studio, bakery, convenience store, or boutique.
    • 38' of frontage on N 2nd Street.
    • CMX‑1 zoning.
    • Located in a rapidly revitalizing area of Kensington, Philadelphia, experiencing significant population and industry growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roofing by Gerald ... Roofing Contractor

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.138075133755
    Latitude
    39.976180560545

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    FAQs

    What type of property is this?
    Retail property - Brand New Retail Building, 907 SF
    Where is this retail property located?
    The property is located at 1643 2Nd St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 907 SF of new construction retail space.; Ideal for light gym, creative studio, bakery, convenience store, or boutique.; 38' of frontage on N 2nd Street.
    Request Owner's contact information
    1643 2Nd St Philadelphia, PA 19122
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    Philadelphia, PA 19122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1643 2Nd St Philadelphia, PA 19122
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