1312 South St
Philadelphia, PA 19147
Retail Property For Sale
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EXECUTIVE SUMMARY
1312 South St is a 3-story commercial property with nearly 3,900 sqft of finished space, sat on a street-to-street lot just off busy Broad St. Most recently used as a restaurant and lounge, this building has a dining area with a bar, a full commercial kitchen, and a single bathroom on the first level. A spiraling center staircase leads to the second level with a large private event space, an additional room, and a 4-stall bathroom. The third level has another event space and a lounge with a bar. Completing the property is a basement with tons of storage and an expansive rear patio with access to Kater St. This prime location, at the intersection of Philly's popular Hawthorne, Washington Sq W, Rittenhouse, and Graduate Hospital neighborhoods, earns a Walk Score of 98! Apartment buildings, residential homes, restaurants, shops, markets, and entertainment line the surrounding blocks, plus there's easy access to public transit. Schedule your showing today!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,358 SF
Building Class
C
Year Built
1915
Price
$1,200,000
Price Per SF
$224
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.05
Lot Size
0.06 AC
Zoning
CMX-2 - Commercial Mixed Use
Parking
2 Spaces (0.37 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Courtyard
- Air Conditioning
PROPERTY TAXES
Parcel Number | 882568500 | Improvements Assessment | $1,086,720 |
Land Assessment | $271,680 | Total Assessment | $1,358,400 |