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616 S 6th St
800 SF of Retail Space Available in Philadelphia, PA 19147
Highlights
- This prime property features a ground floor retail space currently leased to a women’s clothing store.
- Across from a former church that has been converted into a luxury apartment complex.
- This unique history, coupled with its prime waterfront location and the old-time aesthetic charm it shares with neighboring.
- Situated in the vibrant Queen Village neighborhood.
- This building offers an exceptional investment opportunity with significant rental income potential and would work well for an owner occupant.
- Queen Village is extremely accessible and navigable by foot and bicycle.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 800 SF | Negotiable | $27.00 /SF/YR $2.25 /SF/MO $21,600 /YR $1,800 /MO | Triple Net (NNN) |
1st Floor
» 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.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 616 S 6th St , Philadelphia, PA 19147
| Property Type | Retail | Year Built | 1905 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 2.84/1,000 SF |
| Gross Leasable Area | 2,210 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 2,210 SF |
| Year Built | 1905 |
| Parking Ratio | 2.84/1,000 SF |
About the Property
A meticulously maintained mixed-use building zoned 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 with a lease that expires 4/30/2025 and is under market rent. The second and third floors of the building feature a modern, vacant 2-bedroom, 1.5-bath apartment listed at $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.
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616 S 6th St
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