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    219 Vine St Philadelphia, PA 19106

    For Lease
    $22 SF/Yr

    Three retail suites, 1,184-4,590 sq ft

    Lot size:
    9,394 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Old City retail property at 219 Vine St, Philadelphia, PA 19106 offers three available suites ranging from 1,184 to 4,590 contiguous square feet. The building, situated at the corner of Vine St and N 3rd St, boasts 90 feet of prime Vine Street frontage, ensuring high visibility and pedestrian traffic. Located within the CMX-3 zoned Old City submarket, this two-story building presents a unique opportunity for businesses seeking a vibrant location. The property's strategic position provides easy access to major roadways including I-95, I-676, and Columbus Boulevard, as well as Penn's Landing and public transportation. Benefit from the high volume of tourists and foot traffic characteristic of this historically significant and densely populated neighborhood. The flexible space allows for various retail concepts, making it an ideal investment for businesses seeking a prominent presence in Philadelphia's Old City. The building consists of one structure with a total of three suites.

    Property Features for 219 Vine St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,394 SF

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Space 1
    Size
    2,402 SF
    Rate per SF
    $22
    Space
    Space 2
    Size
    2,402 SF
    Rate per SF
    $22
    Space
    Space 3
    Size
    4,590 SF
    Rate per SF
    $22

    HighLights

    • Three available retail suites ranging from 1,184 to 4,590 contiguous square feet.
    • 90 feet of prime Vine Street frontage in Philadelphia's Old City.
    • Located at the corner of Vine St and N 3rd St, in the CMX‑3 zoned Old City submarket.
    • Excellent access to major roadways (I‑95, I‑676, Columbus Blvd), Penn's Landing, and public transportation.
    • High foot traffic and tourist volume in a densely populated, historically significant neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -75.143729558095
    Latitude
    39.955798544851

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    FAQs

    What type of property is this?
    Retail property - Three retail suites, 1,184-4,590 sq ft
    Where is this retail property located?
    The property is located at 219 Vine St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Three available retail suites ranging from 1,184 to 4,590 contiguous square feet.; 90 feet of prime Vine Street frontage in Philadelphia's Old City.; Located at the corner of Vine St and N 3rd St, in the CMX-3 zoned Old City submarket.
    Request Owner's contact information
    219 Vine St Philadelphia, PA 19106
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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
    219 Vine St Philadelphia, PA 19106
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