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Property profile & analytics
OFF-MARKET Estimated value $14,000,000
Investment properties

399 Market St Philadelphia, PA 19106-2117

160,860 SF 0.79 ac lot Built 1977
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-2888897
Property summary
AI-generated overview

This exceptional office building at 399 Market Street, situated in Philadelphia's vibrant Old City, offers 126,607 square feet of versatile space. The property boasts a mix of executive, creative, and traditional office layouts, perfect for a variety of businesses. With a maximum contiguous space of 15,676 square feet, it caters to both large and smaller tenants. The building is classified as Class B and was constructed in 1977, but features a newly renovated façade and lobby, showcasing a blend of historical charm and modern upgrades. Tenancy is multiple, allowing for flexibility in lease terms and space configurations. Amenities include 24/7 access, enhanced security, a convenient private parking garage, an elegantly furnished lobby, and a tranquil outdoor private courtyard. Its central Old City location provides unparalleled access to public transportation, scoring a remarkable 97 on the transit score. The building enjoys easy access to SEPTA bus routes, the Market-Frankford Line, I-95, I-676, and the Ben Franklin Bridge, ensuring seamless commutes for employees and clients. This property presents a unique opportunity to establish a presence in a highly desirable and historically significant area of Philadelphia. The building's location on Market Street offers excellent visibility and accessibility.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 160,860 SF
Lot 0.79 ac (34,367 SF)
Zoning code CMX3
APN 88-3-0140-00
UPID US73-2888897
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
  • Ninja Goat Nutritionals Big Box & Wholesale Store Food Market
  • Donatucci Ronald R Law Firm
  • Moverbase LLC (Bike/Boat/Book/etc) Store Corporate Office
  • J&K FRESH EAST Grocery & Convenience Store Food Market
  • Clinical Works Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$14.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.19M
Blend (final) Blend
$14.00M
Owner & transaction history
399 Market Ocf LLC · 2 yrs held
399 Market Ocf LLC
since 2024
Last sale
$14.0M
4 recorded transactions
2026
Price N/A
2024
$14.0M
2023
Price N/A
2004
Price N/A
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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