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    1209 Vine Street Expy Philadelphia, PA 19107

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    For Sale
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    11,500 SF Office Building for Sale or Lease

    Property size:
    11,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Jarvis Building, located at 1209 Vine Street in Philadelphia, Pennsylvania (zip code 19107), presents a unique opportunity for businesses seeking executive office space. This prominent building offers a total of 34,500 square feet, with each of the three upper floors comprising 11,500 square feet. A dedicated ground floor entrance provides convenient access to the 3rd, 4th, and 5th floors. Flexible options are available, allowing for leasing arrangements ranging from 5,650 square feet to the entire 34,500 square feet. Alternatively, the building offers the possibility of purchasing individual 11,500 square foot floors, or acquiring all three upper floors (34,500 square feet) as a single unit. The building's location at the highly visible intersection of 12th and Vine Streets offers excellent accessibility and visibility. Its strategic placement within Philadelphia's Qualified Opportunity Zone (QOZ) provides significant tax advantages for investors. Furthermore, the property enjoys exceptional proximity to the Center City Business District, the Reading Terminal Market, Chinatown, the Rail Park, and the Spring Arts neighborhood, providing employees with easy access to a variety of amenities and attractions. This is an exceptional opportunity to acquire a high-profile office building in a thriving Philadelphia location.

    Property Features for 1209 Vine Street Expy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,500 SF

    HighLights

    • Dedicated ground floor entrance servicing the 3rd, 4th, and 5th floors; each floor comprises 11,500 square feet.
    • Lease options ranging from 5,650 square feet to the entire 34,500 square feet available.
    • Sale options include individual 11,500 square foot floors or all three upper floors (34,500 square feet) as a single unit.
    • High‑visibility location at the prominent 12th and Vine Streets intersection in a Qualified Opportunity Zone (QOZ), offering significant tax advantages.
    • Excellent walkability to Center City, Reading Terminal Market, Chinatown, Rail Park, and Spring Arts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1589274
    Latitude
    39.9579039

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    FAQs

    What type of property is this?
    Office Property / Space - 11,500 SF Office Building for Sale or Lease
    Where is this office property / space located?
    The property is located at 1209 Vine Street Expy Philadelphia, PA.
    What are key features of this property?
    This property features: Dedicated ground floor entrance servicing the 3rd, 4th, and 5th floors; each floor comprises 11,500 square feet.; Lease options ranging from 5,650 square feet to the entire 34,500 square feet available.; Sale options include individual 11,500 square foot floors or all three upper floors (34,500 square feet) as a single unit.
    (215) 496-9675
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    1209 Vine Street Expy Philadelphia, PA 19107
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    Philadelphia, PA 19107
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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
    1209 Vine Street Expy Philadelphia, PA 19107
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