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33 S 2nd St
Philadelphia, PA 19106

Old City Retail Condo · Retail Property For Sale

Investment Highlights

  • The subject property benefits from excellent visibility to traffic on 2nd Street (5,762 VPD) and is in close proximity to Market St and I-95
  • Old City is the most accessible neighborhood in Philadelphia, has some of the city's best Walk Scores (99), Bike Scores (97) and Transit Scores (100)
  • Dense, affluent and growing resident base - more than 48,000 residents and avg. HHI exceeding $157,000 in the surrounding mile
  • Population in the mile radius surrounding the property grew 27% since 2010 and positive growth is projected to continue through 2027
  • Mei Mei’s lease has over 7 years remaining and features 2.5% annual rental increases throughout the base term
  • Known as 'America’s Most Historic Square Mile', Old City is a national tourist destination that sees millions of visitors annually

PROPERTY FACTS

Property Type Retail
Property Subtype Retail
Building Class C
Lot Size 0.06 AC
Gross Leasable Area 6,700 SF
No. Stories 1
Year Built 1900
Tenancy Single
APN / Parcel ID 888039566

zoning

Zoning Code C3, Philadelphia (. It supports high-intensity commercial use with large building footprints and significant parking requirements)
C3, Philadelphia (. It supports high-intensity commercial use with large building footprints and significant parking requirements)
  • Listing ID: 27150076

  • Date on Market: 11/18/2022

  • Last Updated:

  • Address: 33 S 2nd St, Philadelphia, PA 19106

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