3314 Fairmount Ave Philadelphia, PA 19104
This exceptional 4,800 square foot commercial space, located at 3314 Fairmount Avenue in Philadelphia's University City submarket, is situated on the first floor of a newly constructed, six-story Class A building (2024). The property, zoned IRMX, offers a versatile layout ideal for retail, office, or restaurant use and is divisible to suit various business needs. Boasting ample natural light from expansive front windows, the space features modern amenities including cement floors, new electrical, lighting, and heating systems. The building includes 16 total parking spaces. This prime location provides excellent visibility and accessibility, benefiting from high foot and vehicle traffic. Its proximity to Drexel University and the University of Pennsylvania ensures a vibrant and diverse clientele. Easy access to major roadways, including Lancaster Avenue, 40th Street, Haverford Avenue, Girard Avenue, and Powelton Avenue, further enhances its appeal. The total building encompasses 82,764 square feet on a 0.41-acre lot. This is a unique opportunity to establish a presence in a thriving, dynamic community. The property's adaptable design allows for seamless customization to meet specific business requirements, making it an ideal space for a variety of commercial ventures. The single-tenant space is ready for immediate occupancy.
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.