Property profile

835 Corinthian Ave Philadelphia, PA 19130

OFF-MARKET
Investment properties
Property ID
US73-2912214
1,954 SF 0.02 ac lot Built 1920
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,000-square-foot commercial space at 835 Corinthian Avenue in Philadelphia, Pennsylvania, presents a unique opportunity for businesses seeking a vibrant and convenient location. The property is a beautifully renovated, single-tenant space, categorized as both traditional and creative office space, making it suitable for a wide range of uses. Located in a desirable area of Philadelphia (zip code 19130), the building offers easy access to numerous amenities, schools, and public transportation options. Street parking is readily available, and the property's proximity to Fairmount Avenue, a major commercial corridor in the city, further enhances its appeal. The space boasts large, industrial-style windows that flood the interior with natural light, creating a bright and inviting atmosphere. The open layout allows for flexible design and customization to perfectly suit a tenant's specific needs. Furthermore, the property includes convenient basement storage accessible from both the alley and the unit itself, providing ample space for inventory or archives. This is a blank canvas ready for your business to thrive.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,954 SF
Lot 0.02 ac (1,039 SF)
Zoning code CMX1
APN 87-1-5206-10
UPID US73-2912214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

835 Corinthian Ave Philadelphia, PA 19130-1415
Philadelphia metro Census 13500 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
$542k
Blend (final) Blend
$585k

Owner & transaction history

since 2022
Last sale
$660,000
5 recorded transactions
2022
Price N/A
2022
$660,000
2022
$660,000
2021
Price N/A
2011
Price N/A

Zoning & alternative use

CMX1 · Philadelphia, PA
Zoning description

CMX-1 Neighborhood Commercial Mixed-Use-1 C-1 CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Us…

General category MIXED_USE
Top alternative use upside
Office building $495,000 +16.8%
Medical building $480,000 +12.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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