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35 S 2nd St
Philadelphia, PA 19106
Old City Retail Condo · Retail Property For Sale
Investment Highlights
- The subject property benefits from excellent visibility to traffic on 2nd Street (5,762 VPD) and is in close proximity to Market St and I-95
- Old City is the most accessible neighborhood in Philadelphia, has some of the city's best Walk Scores (99), Bike Scores (97) and Transit Scores (100)
- Dense, affluent and growing resident base - more than 48,000 residents and avg. HHI exceeding $157,000 in the surrounding mile
- Population in the mile radius surrounding the property grew 27% since 2010 and positive growth is projected to continue through 2027
- Mei Mei’s lease has over 7 years remaining and features 2.5% annual rental increases throughout the base term
- Known as 'America’s Most Historic Square Mile', Old City is a national tourist destination that sees millions of visitors annually
Property Facts
| Property Type | Retail | Gross Leasable Area | 19,400 SF |
| Property Subtype | Storefront Retail/Residential | No. Stories | 5 |
| Building Class | C | Year Built | 1900 |
| Lot Size | 0.08 AC | APN / Parcel ID | 888039566 |
| Zoning | C3, Philadelphia - It supports high-intensity commercial use with large building footprints and significant parking requirements | ||
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Lot Size | 0.08 AC |
| Gross Leasable Area | 19,400 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| APN / Parcel ID | 888039566 |
| Zoning | C3, Philadelphia - It supports high-intensity commercial use with large building footprints and significant parking requirements |
Amenities
- Restaurant
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