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    2429 South St Philadelphia, PA 19146

    Sponsored
    For Lease
    $40 SF/Yr

    5,200 SF Retail/Office Opportunity

    Lot size:
    5,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,200 square foot commercial property, situated on a prominent corner of South Street in Philadelphia County, presents a unique investment opportunity. Currently available for immediate occupancy, this single-tenant space boasts a prime location within a high-traffic commercial corridor. Its strategic position between the desirable Fitler Square and Graduate Hospital neighborhoods ensures excellent visibility and accessibility. The property is easily accessible via public transportation, with proximity to the SEPTA 40 bus route, and benefits from the convenience of the South Street bike lane and easy access to I-76. The building is adaptable to a variety of uses, making it suitable for a range of businesses. The landlord is willing to actively participate in securing necessary zoning approvals, streamlining the process for prospective tenants. This presents a rare chance to establish a thriving business in a vibrant and well-connected area. The property is classified as both retail and office space, and is also suitable for medical or creative office uses. This versatile space is ready for immediate occupancy and poised to become a successful venture. Don't miss this chance to secure a prime location on a bustling South Street corner.

    Property Features for 2429 South St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,200 SF

    Unit(s) available at that property

    Space
    Size
    5,200 SF
    Rate per SF
    $40

    HighLights

    • 5,200 SF prominent corner building on South Street.
    • Single‑tenant occupancy.
    • Located in a high‑traffic area between Fitler Square and Graduate Hospital, with convenient access to public transportation (SEPTA 40 bus) and I‑76.
    • Suitable for various uses; landlord will assist with zoning approvals.
    • Currently available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Law Firm 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
    -75.181847214875
    Latitude
    39.945691125888

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    FAQs

    What type of property is this?
    Restaurant - 5,200 SF Retail/Office Opportunity
    Where is this restaurant located?
    The property is located at 2429 South St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 5,200 SF prominent corner building on South Street.; Single-tenant occupancy.; Located in a high-traffic area between Fitler Square and Graduate Hospital, with convenient access to public transportation (SEPTA 40 bus) and I-76.
    Request Owner's contact information
    2429 South St Philadelphia, PA 19146
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    Philadelphia, PA 19146
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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
    2429 South St Philadelphia, PA 19146
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