715-717 E Passyunk Ave
5,000 SF 100% Leased Retail Building Philadelphia, PA 19147 $1,700,000 ($340/SF)



EXECUTIVE SUMMARY
You don’t want to miss the opportunity to acquire 715 E Passyunk Avenue, home to the distinguished Petit Coin. Completed in the fall of 2021, this remarkable development features two luxury residential units, each offering two bedrooms, as well as two expansive street-level commercial spaces encompassing over 1,450 square feet. The commercial corridor at Petit Coin is anchored by Ham & Bone, a specialty pet retail and grooming boutique. The property’s wedge-shaped design and distinctive facade add architectural variety and visual interest to one of Philadelphia’s most historic and affluent subdivisions. Petit Coin, translating to "little corner," perfectly encapsulates the charm of this triangular development, which is situated at one of the most prominent intersections in Queen Village, at the corner of 5th and Passyunk. Queen Village, one of Philadelphia’s oldest residential neighborhoods, thrives today with a vibrant mix of eclectic restaurants and small businesses. Featuring premium finishes and sophisticated design elements, Petit Coin stands out as a one-of-a-kind property. This stabilized development offers investors a rare opportunity to secure a property with significant rental upside and no capital improvements required. Please note that taxes and square footage should be independently verified by the buyer.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,000 SF
Building Class
B
Year Built
2021
Price
$1,700,000
Price Per SF
$340
Percent Leased
100%
Building Height
4 Stories
Building FAR
1.91
Lot Size
0.06 AC
Zoning
C2
Frontage
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS









