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    338 Allegheny Ave Philadelphia, PA 19134

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    11,045 SF Retail Space - Available Now

    Lot size:
    11,045 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,045-square-foot retail space is ideally situated at 338 East Allegheny Avenue in Philadelphia, Pennsylvania, zip code 19134. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of retail businesses. The building's total square footage mirrors the vacant square footage, presenting a unique opportunity for a business seeking a substantial footprint in a vibrant location. Ample parking is provided with 36 spaces available on-site, ensuring convenient access for customers and employees. The property's address is conveniently located at the intersection of Allegheny Avenue and C Street, offering excellent visibility and accessibility. This prime retail space is for lease and presents a significant opportunity for businesses seeking a prominent presence in Philadelphia's dynamic commercial landscape. The property is classified as commercial retail and is a single-tenant building. Its geographic coordinates are 39.997236 latitude and -75.123657 longitude. This location offers a strong foundation for a successful retail venture, benefiting from high foot traffic and excellent street visibility. The substantial square footage allows for diverse layout options to suit various business needs. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.

    Property Features for 338 Allegheny Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,045 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    11,045 SF

    HighLights

    • Former Rite Aid in dense Philadelphia neighborhood.
    • High‑traffic location between I‑95 and Route 611.
    • Corner lot with excellent Allegheny Ave access and existing pylon sign.
    Property Profile Location Intelligence

    Current Use by Public Records

    CDReload - Online Bitcoin ... Crypto Atm Rite Aid Pharmacy Pharmacy Thuy Nha Pham, ... Pharmacy Rite Aid Drug Store Coinhub Bitcoin ATM ... Atm

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -75.123657
    Latitude
    39.997236

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    FAQs

    What type of property is this?
    Retail property - 11,045 SF Retail Space - Available Now
    Where is this retail property located?
    The property is located at 338 Allegheny Ave Philadelphia, PA.
    What are key features of this property?
    This property features: Former Rite Aid in dense Philadelphia neighborhood.; High-traffic location between I-95 and Route 611.; Corner lot with excellent Allegheny Ave access and existing pylon sign.
    Request Owner's contact information
    338 Allegheny Ave Philadelphia, PA 19134
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    Philadelphia, PA 19134
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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
    338 Allegheny Ave Philadelphia, PA 19134
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