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Property profile & analytics
OFF-MARKET Estimated value $1,030,000
Retail space

2013 Sansom St Philadelphia, PA 19103-4416

4,017 SF 0.04 ac lot Built 1900
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-0246001
Property summary
AI-generated overview

This exceptional 1,500+/- square foot retail space is ideally situated in the heart of Rittenhouse Square, boasting a coveted street-to-street location on Sansom Street with 17 feet of frontage. The property offers convenient rear loading access via Ionic Street, providing efficient operations. Its CMX-4 zoning allows for a variety of uses, making it suitable for light retail, food service and hospitality businesses, fitness studios, yoga studios, hair salons, or day spas. The high foot traffic location is surrounded by numerous restaurants and entertainment venues, ensuring significant visibility and customer flow. Its central Sansom Street location places it within easy reach of the substantial foot traffic generated by nearby office buildings, residential areas, and other retail establishments in Center City Philadelphia. This prime location is poised to capitalize on the ongoing expansion and growth of Center City, benefiting from the vibrant atmosphere and established restaurant scene. Furthermore, the property enjoys excellent public transportation access, with proximity to SEPTA bus stops and 30th Street Station, ensuring convenient commutes for both employees and customers. This presents a unique opportunity to establish a thriving business in one of Philadelphia's most desirable and dynamic neighborhoods.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,017 SF
Lot 0.04 ac (1,668 SF)
Zoning code CMX4
APN 88-2-4176-00
UPID US73-0246001
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • A~List Skin & Lash Lounge Hair Salon Nail Salon
  • Towers & Miller Architects Architect
  • Beauty-Ish By Nurse Tee Spa & Massage Center Alternative Medicine Practice
  • A-list Nail Studio Nail Salon
  • Philadelphia Organic Exterminators Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.06M
CAP Approach CAP
$700k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M
Owner & transaction history
2013 Sansom Street LLC · 6 yrs held
2013 Sansom Street LLC
since 2020
Last sale
$1.0M
4 recorded transactions
2020
$1.0M
2018
$1.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CMX4 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.4M +104.0%
Office building $1.3M +94.9%
Medical building $985,000 +43.2%
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