1325 Point Breeze AvePhiladelphia, PA 19146

Property Details for 1325 Point Breeze Ave

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.26 AC

Property size (Sq ft)

9,300 SF

Zone code

CMX2

Property type

Retail space

APN

88-2-0515-25

APU

882051525

Description

This exceptional 9,520-square-foot retail property at 1325 Point Breeze Avenue in Philadelphia, PA 19146, presents a unique investment opportunity. Built in 1999, this single-tenant building is zoned CMX-2 and offers substantial space ideal for a variety of uses, including markets, supermarkets, or gyms. Previously occupied by Family Dollar, the property boasts high ceilings and ample outdoor loading space, ensuring efficient operations. The interior features generous storage areas and two bathrooms, providing flexibility for tenant customization. Located in the vibrant South Philadelphia neighborhood, this property benefits from its proximity to major thoroughfares and a thriving community. The building's expansive footprint is a rare find in this bustling corridor, offering significant potential for growth and success. Furthermore, the property is eligible for city programs including the InStore Forgivable Loan Program, Storefront Improvement Program, and Security Camera Program, providing additional support for business development. This is a remarkable chance to establish a business in a revitalizing area with significant foot traffic and community engagement. The property's size and location make it an exceptional opportunity for a discerning investor or business owner seeking a prominent presence in a rapidly developing neighborhood. This is the first time this building has been available for lease in decades.

• CAP approach

  CAP return

  Valuation

  6%

  $4,404,096

  6.5%

  $4,065,319

  7%

  $3,774,940

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,062,148

  Geo Method

  $3,062,148

• Alternative Use

  Use

  Valuation

  Residential

  $3,429,249

  Hospitality

  $3,141,174

  Educational

  $2,613,420

  Medical

  $2,703,299

  Retail

  $4,065,319

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9348

Longitude

-75.1789

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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