1108 Pine St Philadelphia, PA 19107
For Sale
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This extensively renovated 2,582 square foot commercial property presents a unique opportunity in Philadelphia's vibrant Washington Square West neighborhood. Situated on Pine Street, this single-tenant space enjoys a prime location within the Antique Row district, offering exceptional visibility and foot traffic. The building overlooks the serene Kahn Park, providing a pleasant atmosphere for both employees and customers. Its convenient location places it within easy walking distance of numerous amenities, including Seger Park, Good Karma Cafe, Whole Foods, Acme, Bleu Sushi, Tria Cafe, Varga, Mixto, Platoon Fitness, and SEPTA bus routes, ensuring accessibility for staff and patrons alike. Currently configured as an art gallery, the space offers 2,500 square feet of adaptable leaseable area. With minor improvements, this versatile property can accommodate a wide range of business types. The recent renovations ensure a modern and functional space, ready for immediate occupancy. This is an exceptional opportunity to establish a business in a thriving, well-connected, and highly desirable location within Philadelphia County. The property's proximity to public transportation and numerous popular establishments makes it an ideal location for a variety of retail or office uses. The building's attractive location and recent renovations make it a highly desirable property for discerning businesses seeking a prominent presence in a vibrant neighborhood.
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Pine Street Creative Lab Theater & Performing Art Venue
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Kelly Wallace Art Gallery
CMX-1 Neighborhood Commercial Mixed-Use-1 C-1 CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls 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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CMX1 · Philadelphia, PACMX-1 Neighborhood Commercial Mixed-Use-1 C-1 CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls 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 >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a general, relative indication of the range of uses and activities allowed within the respective districts. "CMX" is used to indicate a mixed-use zoning district that is intended to accommodate both commercial and non-commercial development. "CA" is used to indicate zoning districts primarily intended to accommodate auto-oriented commercial development. 291 (.b) The numeral following the dash in the Commercial district map symbols is a relative indicator of the density/intensity or use, with a "1" indicating the lowest density/intensity/use option. (b) Purposes. Philadelphia's commercial zoning districts are primarily intended to accommodate and promote neighborhood-, community- and region-serving commercial uses, as well as mixed-use development consisting of commercial and residential uses in the same building or on the same site. This type of mixed-use development is encouraged in many areas of the City because it reflects the City's traditional urban, pedestrian-oriented character. Encouraging residential development in Commercial zoning districts also provides increased housing choice and reduces motorized transportation demands. The Commercial districts are distinguished primarily on the basis of allowed uses and commercial floor area limits. In the event of a conflict between any provision of this § 14-402 (Commercial and Commercial Mixed-Use Districts) and any other provision of this Zoning Code, the latter shall govern. (c) Descriptions. (.1)
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.
