2101 Allegheny Ave Philadelphia, PA 19134
- Retail space
- 11,050 SF
- 0.40 lot acres
Current Use by Public Records
- Cardtronics ATM / Atm
- Dollar General / Party Store / Seasonal Goods Store
- Eileen Zacconi / Pharmacy
- Western Union / Money Transfer Service / Money Order Service
Property Details for 2101 Allegheny Ave
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.40 lot acres
- Property size
- 11,050 SF
- Zone code
- CMX2
- Property type
- Retail space
- APN
- 88-2-7485-50
- APU
- 882748550
Description
This exceptional freestanding retail building, located at 2101 E Allegheny Ave in Philadelphia, Pennsylvania, presents a unique investment opportunity. Boasting a total of 11,060 square feet of vacant space, this single-building property offers unparalleled flexibility for a variety of retail uses. The building is situated at the intersection of Allegheny Ave & Collins St, providing excellent street visibility and accessibility for customers. With ample parking available, accommodating 24 vehicles, this property ensures convenient access for both employees and patrons. The property's size and location make it ideal for a large-scale retailer or a collection of smaller businesses seeking a high-traffic location. The entire 11,060 square feet is currently available for lease, providing a blank canvas for a prospective tenant to create their ideal retail space. The property is classified as a multiple-tenancy building, although currently fully vacant, presenting an opportunity to customize the space to suit specific needs. This prime Philadelphia location, with its zip code 19134, offers significant potential for growth and profitability. The property's coordinates are 39.9923397 latitude and -75.1090649 longitude. This is a rare opportunity to secure a substantial retail space in a desirable Philadelphia neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,080,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,270,000
- 6.5%
- $1,285,000
- 7%
- $1,360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,255,000
- Geo Method
- $1,070,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,135,000
- Retail
- $1,220,000
- Mixed-Use
- $1,215,000
- Hospitality
- $1,000,000
- Educational
- $1,225,000
- Residential Income
- $1,360,000
- Energy
- $1,205,000
- Income-Based Land
- $1,210,000
- Food Service
- $1,030,000
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1092
- Latitude
- 39.9923
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
