SELLER FINACING!- Across From Jim’s Steaks! | 344-348 South St
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SELLER FINACING!- Across From Jim’s Steaks! 344-348 South St
4,872 SF Retail Building Philadelphia, PA 19147 $2,175,000 ($446/SF)
Investment Highlights
- Positioned on bustling South Street, the retail/commercial space benefits from high foot traffic, ensuring maximum visibility.
- As daylight fades, South Street comes alive with a diverse array of entertainment options. From bars and live music venues.
- The TLA's presence next door enhances the property's appeal: leverage tens of thousands attending live performances, events, and concerts.
- Cobblestone streets and historic landmarks add a unique charm to the neighborhood, creating a captivating blend of past and present.
Executive Summary
The motivated seller is offering flexible financing options, making it easier than ever to secure this outstanding location!!!!
Sitting on the corner of 4th and South Street- 344-348 South St in Philadelphia, PA 19147, this property presents a prime commercial real estate opportunity with 4,872 SF of available retail space for sale. Strategically situated near major highways, this property offers unparalleled accessibility, making it an ideal location for businesses seeking a thriving and dynamic environment. With a convenient six-minute drive to the Philadelphia 30th St Commuter Rail, the site ensures seamless connectivity for both employees and clients. The area is highly walkable and bikeable, fostering a vibrant atmosphere enhanced by nearby amenities such as Jim’s Steak’s, Nora's Kitchen, Redcrest Kitchen, and Lucky's Last Chance. In addition to its strategic transportation links, the property that was formerly occupied by Copabanana Restaurant is within proximity to cultural landmarks, creating a unique blend of commerce and local charm. Investors can capitalize on the unique advantages offered by this property, seizing the opportunity to be part of a bustling community with potential for further development. Whether considering this location for retail, dining, or other commercial ventures, this property is poised to be a cornerstone in the vibrant tapestry of Philadelphia's business landscape. Don't miss the chance to make a lasting impact while enjoying the convenience and connectivity this prime real estate has to offer.
Sitting on the corner of 4th and South Street- 344-348 South St in Philadelphia, PA 19147, this property presents a prime commercial real estate opportunity with 4,872 SF of available retail space for sale. Strategically situated near major highways, this property offers unparalleled accessibility, making it an ideal location for businesses seeking a thriving and dynamic environment. With a convenient six-minute drive to the Philadelphia 30th St Commuter Rail, the site ensures seamless connectivity for both employees and clients. The area is highly walkable and bikeable, fostering a vibrant atmosphere enhanced by nearby amenities such as Jim’s Steak’s, Nora's Kitchen, Redcrest Kitchen, and Lucky's Last Chance. In addition to its strategic transportation links, the property that was formerly occupied by Copabanana Restaurant is within proximity to cultural landmarks, creating a unique blend of commerce and local charm. Investors can capitalize on the unique advantages offered by this property, seizing the opportunity to be part of a bustling community with potential for further development. Whether considering this location for retail, dining, or other commercial ventures, this property is poised to be a cornerstone in the vibrant tapestry of Philadelphia's business landscape. Don't miss the chance to make a lasting impact while enjoying the convenience and connectivity this prime real estate has to offer.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,872 SF
Building Class
C
Year Built
1900
Price
$2,175,000
Price Per SF
$446
Tenancy
Single
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.04 AC
Zoning
C3
Frontage
Amenities
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
In the heart of Philadelphia's vibrant South Street, this spacious retail/restaurant space boasts excellent visibility and foot traffic. The space features a versatile layout, ideal for various retail ventures, restaurants, or boutique shops.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,872 SF | Restaurant | End Cap | Now |
1st Floor
| Size |
| 4,872 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
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1st Floor
| Size | 4,872 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
In the heart of Philadelphia's vibrant South Street, this spacious retail/restaurant space boasts excellent visibility and foot traffic. The space features a versatile layout, ideal for various retail ventures, restaurants, or boutique shops.
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Very Bikeable (84)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
67,401
437,373
887,481
1,432,522
2029 Population
65,153
429,043
872,130
1,448,511
2024-2029 Projected Population Growth
-3.3%
-1.9%
-1.7%
1.1%
Median Age
36.8
33.9
34.4
34.2
College Degree + Higher
67%
49%
35%
17%
Daytime Employees
90,371
405,837
542,985
683,074
Total Businesses
11,264
42,803
58,654
66,476
Average Household Income
$128,594
$101,064
$80,347
$72,650
Median Household Income
$97,702
$72,246
$53,509
$47,432
Total Consumer Spending
$1.1B
$5.5B
$9.3B
$14B
2024 Households
34,970
194,766
369,991
560,073
Average Home Value
$580,324
$430,073
$313,032
$239,286
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $865,280 | |
| Land Assessment | $216,320 | Total Assessment | $1,081,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$216,320
Improvements Assessment
$865,280
Total Assessment
$1,081,600
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VIDEOS
3D TOUR
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STREET VIEW
STREET
MAP
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SELLER FINACING!- Across From Jim’s Steaks! | 344-348 South St
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