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    2101 Allegheny Ave Philadelphia, PA 19134

    For Sale
    Contact for pricing

    Prime Philadelphia Retail Space, Redevelopment Potential

    Property size:
    11,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 11,060-square-foot retail property at 2101 E. Allegheny Ave in Philadelphia, PA, presents a compelling redevelopment opportunity. The freestanding building sits on a 0.4-acre lot and boasts a significant street frontage, ideal for high visibility and attracting customers. The property includes a private parking lot with 24 spaces, a valuable asset in a high-traffic area. Its strategic location, just two blocks from Aramingo Avenue, ensures excellent accessibility and exposure. The surrounding area demonstrates strong residential density, with 6,955 households within a half-mile radius, providing a substantial potential customer base. The property's prominent location allows for pylon signage, further enhancing its marketing potential. This is a rare chance to acquire a substantial retail space with significant redevelopment possibilities in a vibrant Philadelphia neighborhood. The single building offers considerable flexibility for a variety of retail uses, making it an attractive investment for both established businesses and new ventures seeking a high-impact location. The ample parking and prominent visibility make this a truly unique opportunity. The zip code is 19134.

    Property Features for 2101 Allegheny Ave

    General Information

    Property type
    Retail properties
    Square Feet
    11,060 SF
    Lot Size
    17,424 SF

    Building Details

    Buildings
    1

    HighLights

    • Redevelopment opportunity: 11,060 SF freestanding retail building on a 0.4‑acre lot.
    • Freestanding building with 24‑space private parking lot.
    • High residential density: 6,955 households within 0.5 miles.
    • Excellent location: Two blocks from Aramingo Avenue, Philadelphia, PA.
    • High visibility: Large street frontage, private parking, and pylon signage permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm Dollar General Dollar Store Eileen Zacconi Pharmacy Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -75.1090649
    Latitude
    39.9923397

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    FAQs

    What type of property is this?
    Retail property - Prime Philadelphia Retail Space, Redevelopment Potential
    Where is this retail property located?
    The property is located at 2101 Allegheny Ave Philadelphia, PA.
    What are key features of this property?
    This property features: Redevelopment opportunity: 11,060 SF freestanding retail building on a 0.4-acre lot.; Freestanding building with 24-space private parking lot.; High residential density: 6,955 households within 0.5 miles.
    (215) 282-0157
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    2101 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
    2101 Allegheny Ave Philadelphia, PA 19134
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