701 E Passyunk Ave Philadelphia, PA 19147
For Sale
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This exceptional retail property, located at 701 E Passyunk Ave in Philadelphia, Pennsylvania's desirable Queen Village neighborhood, presents a unique investment opportunity. The building, constructed in 1900, boasts a total of approximately 11,946 square feet of space, encompassing a main floor and mezzanine totaling approximately 5,042 square feet, plus a full basement. Currently vacant, this property offers immense potential for a variety of uses, thanks to its CMX2 zoning. The asking price is $1,760,000, translating to $349.07 per square foot. Its high-profile location and substantial square footage make it an ideal space for a wide range of businesses. The property's history includes use as a bank and a restaurant, showcasing its adaptability and suitability for diverse commercial ventures. The property's zip code is 19147, and its coordinates are 39.9407060963151 latitude and -75.150924630633 longitude. This is a rare chance to acquire a significant commercial space in a thriving Philadelphia neighborhood. Serious inquiries are encouraged.
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PNC Bank Atm Bank
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PNC Bank ATM Atm
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PNC ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMX2 · Philadelphia, PAPhiladelphia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.