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616 S 6th St
2,210 SF 64% Leased Retail Building Philadelphia, PA 19147 $649,900 ($294/SF)
Investment Highlights
- This prime property features a ground floor retail space currently leased to a women’s clothing store.
- This building offers an exceptional investment opportunity with significant rental income potential and would work well for an owner occupant.
- This unique history, coupled with its prime waterfront location and the old-time aesthetic charm it shares with neighboring Society Hill.
- Situated in the vibrant Queen Village neighborhood across from a former church that has been converted into a luxury apartment complex.
- Long known as the edgiest street in Philadelphia.
Executive Summary
CMX-2. This prime property features a ground floor retail space currently leased to a women’s clothing store, generating over $1,500
monthly. The commercial space is approximately 800 SF.. The second
and third floors of the building feature a modern, vacant 2-bedroom, 1.5-bath apartment rented for $2,300+ per month. Situated in
the vibrant Queen Village neighborhood across from a former church that has been converted into a luxury apartment complex with
parking and popular dining spots like Redcrest Kitchen, Bistro La Minette, and Federal Donuts. This building offers an exceptional
investment opportunity with significant rental income potential and would work well for an owner occupant.
Property Facts
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
» 800 +/- SF of ground floor retail with basement for additional storage » One block from the heart of South Street with excellent walking and drive-by exposure » The building is also available for sale » This space is ideal for retail or office » 16’ of frontage on S 6th Street » Zoning CMX-2 » Located in South Philadelphia, Pennsylvania, Queen Village is bordered by the Delaware River to the east, South Street to the north, Washington Avenue to the south, and 6th Street to the west. It is near major highways like I-95 and I-676, offering easy access to the rest of Philadelphia and beyond. The area is well-connected with public transportation and is within walking distance to many of the city’s main attractions. » This historic neighborhood features a vibrant community with a diverse population and a mix of modern and historic homes. It offers a lively cultural scene with various local businesses, boutiques, art galleries, and cafes, contributing to its dynamic and engaging atmosphere.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 800 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 800 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 800 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
» 800 +/- SF of ground floor retail with basement for additional storage » One block from the heart of South Street with excellent walking and drive-by exposure » The building is also available for sale » This space is ideal for retail or office » 16’ of frontage on S 6th Street » Zoning CMX-2 » Located in South Philadelphia, Pennsylvania, Queen Village is bordered by the Delaware River to the east, South Street to the north, Washington Avenue to the south, and 6th Street to the west. It is near major highways like I-95 and I-676, offering easy access to the rest of Philadelphia and beyond. The area is well-connected with public transportation and is within walking distance to many of the city’s main attractions. » This historic neighborhood features a vibrant community with a diverse population and a mix of modern and historic homes. It offers a lively cultural scene with various local businesses, boutiques, art galleries, and cafes, contributing to its dynamic and engaging atmosphere.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 871270750 | Improvements Assessment | $328,560 |
| Land Assessment | $82,140 | Total Assessment | $410,700 |
PROPERTY TAXES
-
Whit Garrett -
MPN Realty
Presented by
616 S 6th St
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