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Property profile & analytics
FOR SALE
Drive through restaurants

2037 S Broad St Philadelphia, PA 19148

5,371 SF 0.09 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-2659018
Property summary
AI-generated overview

This exceptional retail space, located at 2037 S Broad St in Philadelphia, PA 19148, offers a substantial 3,871 square feet on the ground floor, complemented by a 1,500 square foot mezzanine and a full basement. The property is situated on a 4,081 square foot lot within Philadelphia County. Currently available for sublease, this single-tenancy space is ideal for a restaurant or similar establishment. The entire 9,242 square foot building is vacant, presenting a unique opportunity for a business seeking a prominent location with ample space. The ground floor provides a large, open area perfect for customer interaction and service, while the mezzanine offers additional space for storage, office functions, or expanded seating. The full basement provides further storage or utility space. The property's location on South Broad Street offers high visibility and accessibility, ensuring significant foot traffic and potential customer reach. This is a rare opportunity to secure a well-positioned, spacious retail property in a vibrant Philadelphia neighborhood. The property type is classified as retail, specifically suited for restaurant use. Serious inquiries are encouraged to explore this exciting sublease opportunity.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,371 SF
Lot 0.09 ac (4,074 SF)
Zoning code CMX2.5
APN 88-2-9632-05
UPID US73-2659018
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
  • Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.07M
Blend (final) Blend
$1.64M
Owner & transaction history
2037 Philadelphia LLC · 1 yrs held
2037 Philadelphia LLC
since 2025
Last sale
$1.7M
7 recorded transactions
2025
$1.7M
2019
$2.2M
2019
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
Zoning & alternative use
CMX2.5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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