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Property profile & analytics
OFF-MARKET
Hotels

624 5th St 32 Philadelphia, PA 19147-2216

14,121 SF 0.17 ac lot Built 1900
Trust Owned 10-yr Hold Free & Clear
Property ID
US73-1432337
Property summary
AI-generated overview

This exceptional 1,400 square foot retail space is ideally located at 624 S 5th St in Philadelphia, Pennsylvania, within Philadelphia County, zip code 19147. The property is a single-tenant building, offering complete flexibility for a new business. Currently vacant, the entire 1,400 square feet is available for lease, presenting a unique opportunity for immediate occupancy. The property's classification is retail commercial, making it suitable for a wide variety of businesses. Its convenient location in Philadelphia offers excellent visibility and accessibility for customers. The property is ready for immediate tenant improvements, allowing for customization to perfectly suit your business needs. This is a fantastic chance to establish a presence in a vibrant and growing area of Philadelphia. The property's address is easily accessible and benefits from good foot and vehicular traffic. Serious inquiries are encouraged to explore this exceptional retail opportunity. The property is listed for lease and offers a blank canvas for your business vision. Contact us today to schedule a viewing and discuss your business plans. This is a single-tenant space, ensuring complete control and privacy for your operation. The property's size is ideal for a variety of retail concepts, from boutiques to cafes.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,121 SF
Lot 0.17 ac (7,257 SF)
Zoning code CMX3
APN 88-3-7082-00
UPID US73-1432337
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Zaken Realty Trust · 10 yrs held
Zaken Realty Trust
since 2016
2 recorded transactions
2016
Price N/A
2012
$2.2M
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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