This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

926 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

NOI-$350,000- SALES COMMISSION-5% 431-435 South St

10,600 SF 81% Leased Retail Building Philadelphia, PA 19147 $5,950,000 ($561/SF) 5.88% Cap Rate

Restaurants Pennsylvania Philadelphia 431-435 South St, Philadelphia, PA 19147

Investment Highlights

  • Situated in a very densely populated area surrounded by four neighborhoods.
  • Located within proximity to Society Hill and less than a 20 minutes walk to Independence Hall.
  • Consistent daytime, nighttime, and weekend traffic.
  • NOI does not include depreciation expense.

Executive Summary

Located at the Corner of 5th & South Street in Philadelphia, the property sits between the highly affluent Society Hill and Queen Village neighborhoods. The 10,600 SF retail building has two floors and is just one block north of significant development projects including a boutique hotel and new Target store. Currently occupied by the restaurant and bar chain Fat Tuesdays (7 years remain on lease) on the first floor, as well as restaurant and clothing store on the ground floor. Philly Game Shop-2600 SF. Restaurant-1st Floor. One 2000 SF clean box available for rent.
521 S. St (L-Shaped Property) also has a new tenant with a 5 year lease starting May 2023.
Contact: Barry Bernsten, Manager, The Bernsten Group, Tel: (215) 917-1700, bbernsten@aol.com

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,600 SF
Building Class
C
Year Built
1900
Price
$5,950,000
Price Per SF
$561
Cap Rate
5.88%
NOI
$350,000
Percent Leased
81%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.28
Lot Size
0.19 AC
Zoning
CMX-3 - Community/region-serving retail and service uses
Frontage
42 FT on South St

Amenities

  • Commuter Rail
  • Metro/Subway
  • Restaurant
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1E
  • 2,000 SF
  • Restaurant
  • -
  • Now
1/6
431-435 South St, Philadelphia, PA for sale Building Photo- Image 1 of 6
Building Photo
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 2 of 6
Interior Photo
431-435 South St, Philadelphia, PA for sale Building Photo- Image 3 of 6
Building Photo
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 4 of 6
Interior Photo
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 5 of 6
Interior Photo
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 6 of 6
Interior Photo

2,000 Square Foot Store Space on the best block of Philadelphia's iconic South Street Commercial Corridor! This space is sunken under the famous Fat Tuesday's Bar. Space includes one bathroom. This is a Modified Gross Lease-- Tenant only pays their own utilities (Gas and Electric), and Use & Occupancy Taxes ( Approximately $500, Billed monthly). Showings Tuesday-Saturday, 24 Hours Notice. Updated photos coming soon!

Space Size Space Use Position Available
1E 2,000 SF Restaurant - Now

1E

Size
2,000 SF
Space Use
Restaurant
Position
-
Available
Now
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/6
431-435 South St, Philadelphia, PA for sale Building Photo- Image 1 of 6
431 South 1 East Front
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 2 of 6
Interior
431-435 South St, Philadelphia, PA for sale Building Photo- Image 3 of 6
Interior
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 4 of 6
Interior
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 5 of 6
Interior
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 6 of 6
Interior

1E

1/6
431-435 South St, Philadelphia, PA for sale Building Photo- Image 1 of 6
Building Photo
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 2 of 6
Interior Photo
431-435 South St, Philadelphia, PA for sale Building Photo- Image 3 of 6
Building Photo
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 4 of 6
Interior Photo
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 5 of 6
Interior Photo
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 6 of 6
Interior Photo
Size 2,000 SF
Space Use Restaurant
Position -
Available Now

2,000 Square Foot Store Space on the best block of Philadelphia's iconic South Street Commercial Corridor! This space is sunken under the famous Fat Tuesday's Bar. Space includes one bathroom. This is a Modified Gross Lease-- Tenant only pays their own utilities (Gas and Electric), and Use & Occupancy Taxes ( Approximately $500, Billed monthly). Showings Tuesday-Saturday, 24 Hours Notice. Updated photos coming soon!

1 of 1
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
73,465
442,081
892,558
1,435,646
2029 Population
71,053
433,674
877,063
1,410,249
2024-2029 Projected Population Growth
-3.3%
-1.9%
-1.7%
-1.8%
Median Age
36.7
33.8
34.5
35.8
College Degree + Higher
68%
49%
35%
18%
Daytime Employees
102,958
406,776
543,239
662,780
Total Businesses
12,650
42,918
58,683
74,040
Average Household Income
$129,101
$100,582
$79,924
$79,097
Median Household Income
$98,158
$71,795
$53,145
$53,913
Total Consumer Spending
$1.2B
$5.6B
$9.3B
$14.7B
2024 Households
38,620
196,770
372,179
576,660
Average Home Value
$582,295
$429,616
$311,763
$280,058

Nearby Major Retailers

PNC Bank
Chart House Restaurant
TD Bank
Starbucks
ACME
Anytime Fitness
Bank of America
Chase Bank
Bambu
Pure Barre
(925) 235-0762

Contact

  • Listing ID: 27130661

  • Date on Market: 11/16/2022

  • Last Updated:

  • Address: 431-435 South St, Philadelphia, PA 19147

1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/7
431-435 South St, Philadelphia, PA for sale Primary Photo- Image 1 of 7
Front View
431-435 South St, Philadelphia, PA for sale Building Photo- Image 2 of 7
Outdoor stairs
431-435 South St, Philadelphia, PA for sale Building Photo- Image 3 of 7
Prominent signage
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 4 of 7
Interior view
431-435 South St, Philadelphia, PA for sale Interior Photo- Image 5 of 7
Interior
431-435 South St, Philadelphia, PA for sale Plat Map- Image 6 of 7
Plat Map

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

NOI-$350,000- SALES COMMISSION-5% | 431-435 South St
(925) 235-0762 x

NOI-$350,000- SALES COMMISSION-5% | 431-435 South St

Barry Bernsten

(925) 235-0762

(925) 235-0762

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link