715-717 E Passyunk Ave

On behalf of Ownership, the McCann team is pleased to present the opportunity to acquire 715 Passyunk Avenue, home of the Petit Coin. The Petit Coin was completed and fully stabilized in fall 2021. This stunning development features 2 luxury residential units both offering 2 bedrooms, as well as two expansive street-level commercial spaces boasting a little over 1,450 square feet. The commercial corridor at the Petit Coin is home to Chase Bank, and Ham & Bone, a specialty pet retail and grooming boutique. The wedge-shaped design and unique facade add architectural variety and interest to one of the most historic and affluent subdivisions of Philadelphia. Petit Coin
translates to "little corner", which is what the building accentuates. This triangle development is located at one of the most prominent intersections in Queen Village, on the corner of 5th and Passyunk. Queen Village is one of the oldest residential neighborhoods of Philadelphia, and its modern-day presence is full of eclectic restaurants and small businesses that make the neighborhood thrive. The project features premium finishes and sophisticated design elements that make the development one of a kind. The Petit Coin provides investors with a rare opportunity to purchase a stabilized development that offers significant rental upside with no capital
improvements required.