Property profile

2506-2510 Broad St Philadelphia, PA 19132

OFF-MARKET
Retail properties & Spaces
11,990 SF Built 1915
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Property summary

AI-generated overview

This exceptional retail opportunity encompasses two buildings totaling 11,990 square feet on a 0.28-acre lot at 2506-2510 N Broad St, Philadelphia, PA 19132. The property, constructed in 1915, benefits from a CMX3 zoning designation, offering significant flexibility for a variety of commercial uses. Currently configured as a religious institution, the space features a full basement extending the length of the building, providing ample storage or expansion potential. The interior includes two restrooms, multiple office spaces, and a large, adaptable area previously used for services. Ceiling heights range from 9 to 14 feet, adding to the versatility of the layout. Building 2506 N. Broad St comprises approximately 4,165 square feet, while 2508-2510 N. Broad St offers approximately 7,825 square feet, with 6,000 square feet of improved space. The property enjoys a highly advantageous location on N. Broad Street, boasting an estimated daily traffic count of approximately 29,000 vehicles. This presents a unique chance to establish a thriving business in a vibrant Philadelphia neighborhood. The property's size, zoning, and location combine to create a compelling investment opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1915
Total area 11,990 SF

Cap rate & NOI

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

Location

2506-2510 Broad St Philadelphia, PA 19132
Philadelphia metro
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Value estimations

Realmo proprietary · 4 methods
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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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