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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1624-1628 Locust St Philadelphia, PA 19103

35,680 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 1624-1628 Locust Street in Philadelphia County, presents a unique opportunity for multiple tenants. The entire building, known as The Stein Bellet Building, comprises 35,680 square feet of vacant, leasable space, offering significant potential for a variety of commercial uses. Currently, the property is available for lease as a whole, providing a blank canvas for a large-scale retail development or the opportunity for multiple smaller businesses to establish themselves in a high-traffic location. The building's size and layout allow for considerable flexibility in tenant configuration, accommodating diverse business needs. The address on Locust Street places the property within a vibrant commercial district of Philadelphia, ensuring high visibility and accessibility for potential customers. This is an exceptional chance to secure a substantial retail presence in a prime Philadelphia location. The entire 35,680 square feet is currently vacant, allowing for complete customization to suit the needs of the incoming tenant(s). The property is categorized as a multi-tenant building, suggesting a layout conducive to multiple businesses operating within the same structure. This presents an opportunity for a diverse retail environment or a single entity seeking a large footprint. Serious inquiries are encouraged to explore the possibilities of this significant retail space. The property is ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Total area 35,680 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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