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    331 South St Philadelphia, PA 19147

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    For Lease
    Contact for pricing

    Prime Philadelphia retail space, 3,040 sq ft.

    Lot size:
    3,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property at 331 South Street in Philadelphia, Pennsylvania, presents a unique leasing opportunity. The building, constructed in 1900, boasts a total of 3,040 square feet, with 2,838 square feet currently vacant and ready for immediate occupancy. Situated in the heart of Philadelphia's vibrant South Street, this single-tenant space benefits from high foot traffic and visibility within a bustling commercial district known for its eclectic mix of businesses and thriving nightlife. The CMX-3 zoning allows for a wide range of retail uses, catering to diverse business needs. The property's location provides easy access to a substantial residential population, ensuring a consistent customer base. This prime location on South Street offers unparalleled exposure to a diverse and active community, making it an ideal space for a business seeking to establish a strong presence in a highly desirable area of Philadelphia. The building's history adds character and charm, while the available space offers the flexibility to create a modern and functional retail environment. Located in Philadelphia County, Pennsylvania, with a zip code of 19147, this property is easily accessible and well-positioned for success.

    Property Features for 331 South St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,040 SF

    Building Details

    Year Built
    1900

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,838 SF

    HighLights

    • Ground floor retail space available.
    • 20‑foot frontage on South Street.
    • Historic location in a vibrant nightlife district.
    • Two blocks from Headhouse Square's upscale dining and lounges.
    • High pedestrian traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1486323
    Latitude
    39.9416836

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    FAQs

    What type of property is this?
    Retail property - Prime Philadelphia retail space, 3,040 sq ft.
    Where is this retail property located?
    The property is located at 331 South St Philadelphia, PA.
    What are key features of this property?
    This property features: Ground floor retail space available.; 20-foot frontage on South Street.; Historic location in a vibrant nightlife district.
    Request Owner's contact information
    331 South St Philadelphia, PA 19147
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    Philadelphia, PA 19147
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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
    331 South St Philadelphia, PA 19147
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