2001 Market StPhiladelphia, PA 19103
- Mixed-use properties
- 1,152,480 SF
Property Details for 2001 Market St
- Year built
- 1991
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.48 AC
- Property size (Sq ft)
- 1,152,480 SF
- Zone code
- CMX5
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 88-3-0543-61
- APU
- 883054361
Description
This exceptional Class A office space, located at 2001 Market Street in Philadelphia, Pennsylvania, offers a diverse range of options for businesses of all sizes. The building, Spaces Commerce Square, boasts a total of 10,435 square feet and comprises 350 individual suites, providing flexibility for various tenancy needs. Currently, 5,970 square feet of space is available, with a minimum divisible unit of 10 square feet and a maximum contiguous space of 1,300 square feet. The property caters to a variety of office styles, including traditional office spaces, executive suites, and coworking arrangements. Situated in the heart of downtown Philadelphia, in Philadelphia County, zip code 19103, this location offers unparalleled access to the city's vibrant business community and its extensive network of established companies and burgeoning startups. The building's prime location provides easy access to major transportation arteries, ensuring seamless commutes for employees and clients alike. This is an exceptional opportunity to establish a presence in one of Philadelphia's most sought-after commercial districts. The building's A-class designation reflects its high-quality construction, modern amenities, and sophisticated design. Contact us today to explore the available options and secure your ideal workspace in this dynamic and thriving city.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $460,374,848
- 6.5%
- $424,961,376
- 7%
- $394,607,008
-
Comparable approach
- Method
- Valuation
- Relative Method
- $233,403,712
- Geo Method
- $233,403,712
-
Alternative Use
- Use
- Valuation
- Residential
- $424,961,376
- Hospitality
- $389,262,336
- Educational
- $323,861,696
- Medical
- $334,999,808
- Retail
- $503,784,864
Location Insight
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Latitude
- 39.9542
- Longitude
- -75.1737
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- 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 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.
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