893-897 Belmont Ave Philadelphia, PA 19104
This exceptional 2,500-square-foot retail space at 893-897 Belmont Avenue in Philadelphia, PA 19104, presents a unique investment opportunity. Built in 2024, this single-tenant property is zoned CMX2 and boasts a highly desirable location on a busy corner with significant foot traffic. The versatile space is perfectly suited for a variety of uses, including medical offices, nail salons, barbershops, fitness studios, urgent care facilities, convenience stores, grocery stores, professional offices, coffee shops, or restaurants. The interior features modern LTV flooring and a finished, handicap-accessible bathroom. Large windows throughout flood the space with natural light, creating an inviting atmosphere. Adding to its appeal, ten residential rental units are located above the commercial space, providing a built-in customer base and contributing to a vibrant neighborhood feel. The property's landlord is willing to collaborate with prospective tenants to customize the space to meet their specific business needs. Situated in a thriving area of Philadelphia, this Belmont Avenue location offers an excellent opportunity for entrepreneurs seeking a dynamic and growing neighborhood. The property is easily accessible via Westmunster Cross Street. This is a rare chance to secure a brand-new, well-located retail space in a bustling Philadelphia community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.