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Investment Highlights

  • PRIME CHINATOWN LOCATION: High-visibility spot in a major tourist hub with heavy foot traffic, with vibrant commercial surroundings.
  • MASSIVE STUDENT DEMOGRAPHIC: Directly connected to a large university population via excellent transit
  • STRONG POPULATION GROWTH: Downtown residential population has climbed to over 210k, with a massive 40% demographic of youth between age 22-34
  • TURNKEY RETAIL/OFFICE LAYOUT: Versatile, wide-open layout with multiple sinks, deep cabinetry, and extensive counter space in background
  • HISTORIC & CULTURAL PROXIMITY: Minutes away from top-tier art, medical and historic institutions
  • 1031 EXCHANGE ELIGIBLE: Clear history as an active investment property ensures a seamless transition for exchange buyers

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 115
  • 872 SF
  • Office/Retail
  • $489,000 ($560.78/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
APN/Parcel ID 888112762
Description
Take advantage of Philly’s booming Chinatown market with this contemporary street-level commercial condo. Located in Center City—the country’s second-densest downtown corridor behind only Manhattan—this Philadelphia property commands exceptional, built-in daily foot traffic.

Built in 2007 and featuring the favorable CMX-4 zoning, this space is currently occupied by a well-established and highly-rated yogurt and dessert franchise Hey Yogurt. But soon the property will be ready for a new business owner. It is ideal for a non-vented food & beverage concept, boutique retail, med-spa or professional office. This rare asset offers incredible commercial fundamentals and excellent potential for long-term appreciation. With high visibility and just a short walk away from several transit stations, this property provides an ideal, low-overhead opportunity for an independent business owner or a savvy investor seeking a low-maintenance asset.

TURNKEY PLATFORM – BYPASS CONTRACTOR & PERMIT DELAYS

Unlike empty shell spaces, this property comes fully plumbed and custom-fit with countertops, extensive cabinetry, and multiple active wet-bar/hand-washing stations, while still leaving the majority of the space open for use. A new owner or tenant can completely bypass expensive contractor fees, concrete floor cutting and city plumbing and zoning permit wait times—saving massive amounts of money and time.

1031 ELIGIBILITY, FINANCING & DELIVERY

This property features a clean, continuous history of being leased over the years, firmly establishing its 1031-exchange eligibility under IRS rules. To maximize flexibility for the next owner, the property is being delivered 100% vacant at closing. And it is perfectly positioned for SBA 504 or 7(a) financing, allowing qualified owner-users to secure commercial real estate ownership with as little as 10% down.

The Opportunity Zone designation is automated and should be verified by the buyer. The $418 monthly HOA fee covers common area maintenance, building shell and original configuration insurance, and baseline water use. The annual property tax, Center City Fee, and trash fee total is $3,908.

Showings are available by appointment to serious inquiries only. For access to other property details, please contact listing agent to schedule a confidential discussion.
Unit Unit Size Condo Use Price NOI
Unit 115 872 SF Office/Retail $489,000 ($560.78/SF) -

Unit 115

Unit Size
872 SF
Condo Use
Office/Retail
Price
$489,000 ($560.78/SF)
NOI
-

Unit 115

Unit Size 872 SF
Condo Use Office/Retail
Price $489,000 ($560.78/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
APN/Parcel ID 888112762
Description
Take advantage of Philly’s booming Chinatown market with this contemporary street-level commercial condo. Located in Center City—the country’s second-densest downtown corridor behind only Manhattan—this Philadelphia property commands exceptional, built-in daily foot traffic.<br> <br> Built in 2007 and featuring the favorable CMX-4 zoning, this space is currently occupied by a well-established and highly-rated yogurt and dessert franchise Hey Yogurt. But soon the property will be ready for a new business owner. It is ideal for a non-vented food &amp; beverage concept, boutique retail, med-spa or professional office. This rare asset offers incredible commercial fundamentals and excellent potential for long-term appreciation. With high visibility and just a short walk away from several transit stations, this property provides an ideal, low-overhead opportunity for an independent business owner or a savvy investor seeking a low-maintenance asset.<br> <br> TURNKEY PLATFORM – BYPASS CONTRACTOR &amp; PERMIT DELAYS<br> <br> Unlike empty shell spaces, this property comes fully plumbed and custom-fit with countertops, extensive cabinetry, and multiple active wet-bar/hand-washing stations, while still leaving the majority of the space open for use. A new owner or tenant can completely bypass expensive contractor fees, concrete floor cutting and city plumbing and zoning permit wait times—saving massive amounts of money and time.<br> <br> 1031 ELIGIBILITY, FINANCING &amp; DELIVERY<br> <br> This property features a clean, continuous history of being leased over the years, firmly establishing its 1031-exchange eligibility under IRS rules. To maximize flexibility for the next owner, the property is being delivered 100% vacant at closing. And it is perfectly positioned for SBA 504 or 7(a) financing, allowing qualified owner-users to secure commercial real estate ownership with as little as 10% down.<br> <br> The Opportunity Zone designation is automated and should be verified by the buyer. The $418 monthly HOA fee covers common area maintenance, building shell and original configuration insurance, and baseline water use. The annual property tax, Center City Fee, and trash fee total is $3,908.<br> <br> Showings are available by appointment to serious inquiries only. For access to other property details, please contact listing agent to schedule a confidential discussion.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 110,298 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 6
Typical Floor Size 18,383 SF
Year Built 2006
Lot Size 1.52 AC
Parking Ratio 1.72/1,000 SF
Opportunity Zone Yes
Zoning C4 - Commercial

Amenities

Site Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Storage Space
  • Car Charging Station
  • Elevator
  • Fiber Optic Internet

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - -
2+1 12 - -
2+2 12 - -
Very walkable
80/100
Fairly drivable
40/100
Exceptional public transit
100/100
Fairly bikeable
50/100
  • Listing ID: 40714145

  • Date on Market: 5/29/2026

  • Last Updated:

  • Address: 115 N 9th St, Philadelphia, PA 19107

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