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431-435 South St & 521-525 S 5th St
Philadelphia, PA 19147
Retail Property For Sale
Investment Highlights
- Acquire a mixed-use property in Society Hill, fully leased to Fat Tuesday, a game store, a burger restaurant, and a new brewery opening soon.
- Fortified tenant mix as Fat Tuesday has five years left on the lease with additional five-year options, and the recently signed incoming brewery.
- Supported by consistent foot traffic from Philly’s vibrant South Street and nearby landmarks like Independence Hall or Washington Square.
- L-shaped property with multiple storefronts on block 400 of South Street and a sweeping floor-to-ceiling storefront on block 500 of S 5th Street.
- Benefit from an affluent residential base with a yearly household income of $132,549, contributing to $1.2 billion in spending within a mile radius.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,500 SF
Building Class
C
Year Built
1900
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.27
Lot Size
0.19 AC
Zoning
CMX-3 - Community/region-serving retail and service uses
Frontage
Amenities
- Commuter Rail
- Metro/Subway
- Restaurant
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 882650800 | Improvements Assessment | $2,641,440 |
| Land Assessment | $660,360 | Total Assessment | $3,301,800 |
Property Taxes
Parcel Number
882650800
Land Assessment
$660,360
Improvements Assessment
$2,641,440
Total Assessment
$3,301,800
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