You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

11 3rd St Philadelphia, PA 19106-4506

Investment properties Google Maps
1,679 SF 0.02 ac lot Built 1900
Entity Owned 5-yr Hold ~ Est. High Equity
No photos on file
For Sale
Contact for pricing 1,679 SF
11 3rd St, Philadelphia, PA 19106-4506
View Listing →
Estimated value (blended)
$530k
Range $477k – $583k (±10%)
Property ID US73-0867466

Property summary

AI-generated overview

This exceptional 420-square-foot retail space at 11 S 3rd St in Philadelphia offers a fantastic opportunity for a single-tenant business. Boasting large storefront windows that flood the interior with natural light, this property benefits from its prime location just one block from the Market-Frankford 2nd Street Subway Station, ensuring excellent accessibility for customers. The CMX-3 zoning allows for a variety of commercial uses. Furthermore, its position half a block from the Museum of the American Revolution contributes to exceptionally high daily foot traffic, placing it within Philadelphia's most vibrant and popular tourist destination. The property's proximity to Market Street, a bustling thoroughfare brimming with restaurants, cafes, unique shops, and lively nightlife venues, guarantees significant visibility and exposure to a diverse clientele. This location provides an unparalleled opportunity to establish a thriving business in a high-demand area. The single-tenant occupancy ensures complete control and flexibility for the new owner. The building is a single structure, simplifying management and operations. This is a rare chance to secure a highly desirable retail space in the heart of Old City Philadelphia.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,679 SF
Lot 0.02 ac (1,025 SF)
Zoning code CMX3
APN 88-2-2602-00
UPID US73-0867466

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Consultant
  • Training Center
  • Training Center
  • (Bike/Boat/Book/etc) Store
  • Cafe & Coffee Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$441k
Blend (final) Blend
$530k

Owner & transaction history

since 2021
Last sale
$550,000
1 recorded transaction
2021
$550,000

Zoning & alternative use

CMX3 · Philadelphia, PA
Zoning description

CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >>…

General category MIXED_USE
Top alternative use upside
Office building $470,000 +13.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message