Property profile

415 2Nd St Philadelphia, PA 19147

OFF-MARKET
Retail properties & Spaces
16,900 SF
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Property summary

AI-generated overview

This exceptional 16,900 square foot coworking space in Philadelphia, Pennsylvania, is fully vacant and ready for immediate occupancy. Located at 415 S 2nd St, in Philadelphia County, zip code 19147, this property offers a unique opportunity for a large-scale coworking operation or multiple smaller tenants. The building is classified as both retail and office space, providing flexibility for various business models. The space is divisible, with a minimum leasable area of 4,000 square feet and a maximum contiguous space of 8,400 square feet. Seven individual spaces are currently available, ranging in size from 550 square feet to the maximum contiguous area. This presents an ideal opportunity for businesses seeking flexible and adaptable work environments in a vibrant Philadelphia location. The property's central location offers easy access to public transportation, amenities, and a thriving business community. With its substantial size and versatile layout, this property is perfectly suited for a variety of uses within the coworking sector. The entire 16,900 square feet is currently vacant, allowing for complete customization and branding opportunities for a new tenant or tenants. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 16,900 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office

Location

415 2Nd St Philadelphia, PA 19147
Philadelphia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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