For Sale
$3,400,000

1230 Arch St Philadelphia, PA 19107

Historic Philly Retail, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 5,170 square foot storefront, located at 1230 Arch Street in Philadelphia, Pennsylvania's Old City, presents a compelling investment opportunity. Priced at $3,400,000 ($657.64/sq ft), this Class C retail property boasts 100% occupancy under a modified lease agreement with a single tenant. Situated in a vibrant, high-foot-traffic area, the property benefits from its proximity to key landmarks including the Pennsylvania Convention Center, Reading Terminal Market, Philadelphia City Hall, and Jefferson Train Station. The surrounding area demonstrates strong demographics, with a population of approximately 905,341 and an average household income of approximately $70,599 within a 5-mile radius. Combined daily traffic in the area is estimated at approximately 43,000. This property offers a rare chance to acquire a well-situated, fully occupied retail space in one of Philadelphia's most desirable and historic neighborhoods. The zip code is 19107. The property's location offers unparalleled visibility and accessibility, making it an ideal investment for discerning buyers seeking a strong return in a thriving urban market. This is a turnkey opportunity in a prime location.

Highlights

  • 5,170 SF prime Philadelphia commercial space.
  • Strong demographics: 905,341 population within 5 miles, average household income $70,599.
  • 43,000 combined average daily traffic (ADT).
  • Located in Philadelphia's historic Old City.
  • High foot traffic area with proximity to major landmarks including the Pennsylvania Convention Center, Reading Terminal Market, City Hall, and Jefferson Station.

Property Details for 1230 Arch St

Property type
Retail properties, Retail space
Square Feet
5,170 SF
Class
C

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.95415828
Longitude
-75.16090706

FAQs

What type of property is this?
Retail property - Historic Philly Retail, High Traffic
Where is the retail property located?
The property is located at 1230 Arch St Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 5,170 SF prime Philadelphia commercial space.; Strong demographics: 905,341 population within 5 miles, average household income $70,599.; 43,000 combined average daily traffic (ADT).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1230 Arch St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message