1230 Arch St Philadelphia, PA 19107
- Retail properties
- 5,170 SF
Current Use by Public Records
- Pho Street / Restaurant
- Auntie Anne's Pretzels / Bakery / (Bike/Boat/Book/etc) Store
Property Details for 1230 Arch St
- Property size
- 5,170 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 5,170 square foot storefront, located at 1230 Arch Street in Philadelphia, Pennsylvania's Old City, presents a compelling investment opportunity. Priced at $3,400,000 ($657.64/sq ft), this Class C retail property boasts 100% occupancy under a modified lease agreement with a single tenant. Situated in a vibrant, high-foot-traffic area, the property benefits from its proximity to key landmarks including the Pennsylvania Convention Center, Reading Terminal Market, Philadelphia City Hall, and Jefferson Train Station. The surrounding area demonstrates strong demographics, with a population of approximately 905,341 and an average household income of approximately $70,599 within a 5-mile radius. Combined daily traffic in the area is estimated at approximately 43,000. This property offers a rare chance to acquire a well-situated, fully occupied retail space in one of Philadelphia's most desirable and historic neighborhoods. The zip code is 19107. The property's location offers unparalleled visibility and accessibility, making it an ideal investment for discerning buyers seeking a strong return in a thriving urban market. This is a turnkey opportunity in a prime location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1609
- Latitude
- 39.9542