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Property profile & analytics
OFF-MARKET
Marinas

918 Delaware Ave Philadelphia, PA 19123

448,873 SF Built 2023
Property ID
Property summary
AI-generated overview

This exceptional mixed-use development at 918-980 Delaware Ave offers 18,000 square feet of ground floor retail space, part of a larger 448,873 square foot project completed in 2023. The property boasts a prime location on the Delaware River Waterfront, benefiting from a high barrier to entry and proximity to a flourishing residential area. The building features five separate suites, ranging from a minimum of 1,549 square feet to a maximum contiguous space of 5,348 square feet, within a seven-story structure. Its CMX-3 zoning allows for a variety of commercial uses. The development's strategic location provides convenient access to public transit and major highway networks, including I-76, I-476, I-95, and I-295. Furthermore, it's situated within an established retail destination with diverse dining, shopping, and entertainment options within walking distance. This opportunity is enhanced by a significant $225 million waterfront development project currently underway, including the capping of I-95 and continued residential expansion, ensuring long-term growth and value. The property's address is 918-980 Delaware Ave, with a cross street of Poplar Street. This is a truly unique opportunity to establish a presence in a rapidly developing and highly desirable location.

Property profile
Verified
Property type Marinas
Year built 2023
Total area 448,873 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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