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    136 2Nd St Philadelphia, PA 19106

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    1,500 SF Retail/Medical Office

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,500-square-foot storefront and medical office space, located at 136 N 2nd St, #1C, Philadelphia, PA 19106, presents a unique investment opportunity in Philadelphia's vibrant Old City. Built in 1900, this property boasts RM1 zoning, allowing for flexible mixed-use functionality. Its prime location ensures high foot traffic from both tourists and local professionals, creating excellent visibility and walk-in potential. The surrounding area thrives with numerous businesses, restaurants, and shops, fostering networking opportunities and a strong customer base. Convenient access to public transportation, including bus routes and the Market-Frankford Line, and major roadways like I-95 and I-676, ensures easy accessibility for employees and clients. The property's historic charm and character, situated within Old City's rich cultural landscape near iconic landmarks, adds significant prestige and brand appeal. The space's versatility allows for various business applications, from professional offices and retail spaces to showrooms or galleries. Whether seeking a single-use space or a potential for rental income by subleasing, this property offers a compelling blend of location, historic ambiance, and growth potential, making it an attractive option for entrepreneurs and investors alike. The net rentable area is 1,500 square feet.

    Property Features for 136 2Nd St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,500 SF

    Building Details

    Year Built
    1900

    HighLights

    • 1,500 SF retail/medical office space in Philadelphia, PA.
    • Located at 136 N 2nd St, #1C, Philadelphia, PA 19106.
    • Built in 1900, with RM1 zoning.
    • High foot traffic location with excellent public transportation access near major roadways.
    • Historic Old City location offering unique character and charm.
    Property Profile Location Intelligence

    Current Use by Public Records

    Malt House Condominium Complex

    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
    -75.1432068
    Latitude
    39.9529036

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    FAQs

    What type of property is this?
    Individual retail property - 1,500 SF Retail/Medical Office
    Where is this individual retail property located?
    The property is located at 136 2Nd St Philadelphia, PA.
    What are key features of this property?
    This property features: 1,500 SF retail/medical office space in Philadelphia, PA.; Located at 136 N 2nd St, #1C, Philadelphia, PA 19106.; Built in 1900, with RM1 zoning.
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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
    136 2Nd St Philadelphia, PA 19106
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