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    827 Spring Garden St Philadelphia, PA 19123

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    For Sale
    Contact for pricing

    High-traffic retail storefront, excellent location.

    Property size:
    17,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 17,950 square foot storefront at 827 Spring Garden Street in Philadelphia, PA, presents a unique investment opportunity. Currently 100% occupied by Sherwin-Williams under a NNN lease with one year remaining, this property offers significant potential. Situated on a 22,851 square foot lot, the building boasts substantial retail exposure along Spring Garden Street, complemented by extensive office, warehouse, and flexible space accessible from N. 9th Street. The property benefits from its location within the rapidly developing Spring Garden corridor, an area experiencing over $1 billion in new projects, including thousands of new apartments, offices, and retail spaces. The zoning is IRMX. Eleven parking spaces are available on-site. This single-tenant property is a strong investment, further enhanced by its designation as a Pennsylvania Federal Opportunity Zone. The property is not subject to a ground lease. This is a rare chance to acquire a well-located, established retail property in a thriving Philadelphia neighborhood.

    Property Features for 827 Spring Garden St

    General Information

    Property type
    Individual retail properties
    Square Feet
    17,950 SF

    HighLights

    • 17,950 SF storefront at 827 Spring Garden St, Philadelphia, PA.
    • NNN leased to Sherwin‑Williams (1 year remaining).
    • 22,851 SF lot with excellent retail exposure on Spring Garden St and access from N. 9th St.
    • Located in the rapidly developing Spring Garden corridor with over $1B in new projects.
    • IRMX zoning, 11 on‑site parking spaces.
    • Pennsylvania Federal Opportunity Zone designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sherwin-Williams Commercial Paint ... Paint Store

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Law Firm Nail Salon Building Supply Clothing Store 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
    -75.1525771
    Latitude
    39.9620832

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail storefront, excellent location.
    Where is this individual retail property located?
    The property is located at 827 Spring Garden St Philadelphia, PA.
    What are key features of this property?
    This property features: 17,950 SF storefront at 827 Spring Garden St, Philadelphia, PA.; NNN leased to Sherwin-Williams (1 year remaining).; 22,851 SF lot with excellent retail exposure on Spring Garden St and access from N. 9th St.
    Request Owner's contact information
    827 Spring Garden St Philadelphia, PA 19123
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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
    827 Spring Garden St Philadelphia, PA 19123
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