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Property profile & analytics
FOR SALE
Apartment buildings

222 Church St Philadelphia, PA 19106

50,816 SF 0.24 ac lot Built 1849
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US73-2821437
Property summary
AI-generated overview

This exceptional 746-square-foot commercial space, situated in Philadelphia's vibrant Old City, presents a unique opportunity for businesses seeking a prestigious address. Located at 222 Church Street, this property boasts exposed brick and a charming cobblestone street setting adjacent to the historic Christ's Church, offering unparalleled marketing potential. The building itself totals 50,816 square feet and comprises a single suite, with the available space representing a portion of this larger unit. The property sits on a 0.24-acre lot (10,479 square feet) and was constructed in 1900. The zoning designation is 00, and the APN is 881005510. This versatile space is suitable for various uses, including executive, traditional, or medical offices, as well as retail establishments. Its prime location offers easy access to major thoroughfares like 2nd and Market and 3rd and Market Streets. Parking is readily available in the surrounding area, and a nearby dog park adds to the neighborhood's appeal. The basement provides additional space, accessible for plumbing and electrical work if needed. This is a rare opportunity to establish a presence in one of Philadelphia's most sought-after historic districts. The multiple tenancy structure offers flexibility for various business models.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1849
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,816 SF
Lot 0.24 ac (10,479 SF)
Zoning code CMX3
APN 88-1-0055-10
UPID US73-2821437
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
  • Findley John MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.83M
Owner & transaction history
Market 222 Church LLC · 8 yrs held
Market 222 Church LLC
since 2017
2 recorded transactions
2017
$13.4M
2013
$10.6M
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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