1510 Sansom StPhiladelphia, PA 19102

Property Details for 1510 Sansom St

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

9,333 SF

Zone code

CMX5

Property type

Retail space

Property subtype

Storefront properties

APN

88-2-0367-00

APU

882036700

Description

This exceptional commercial property at 1510-1512 Sansom Street in Philadelphia, PA 19102 offers a unique opportunity for businesses seeking prime office space. The building, totaling 4,687 square feet, features a blend of retail and office space, currently offering 2,240 square feet of immediately available executive office space for lease. The multiple tenancy structure provides a dynamic and collaborative environment. Located at 1510 Sansom Street, this property benefits from excellent visibility and accessibility within the vibrant Philadelphia market. The available space is ideal for a variety of businesses seeking a prestigious address and modern workspace. The property's convenient location provides easy access to public transportation, major roadways, and a wealth of amenities. This is an exceptional opportunity to secure a well-situated, high-quality office space in a thriving urban center. The building's existing infrastructure is well-maintained and ready for immediate occupancy. Interested parties are encouraged to inquire further to explore the possibilities this property presents. The 2,240 square feet of vacant space offers flexibility in design and layout to accommodate diverse business needs. This is a rare opportunity to establish a presence in a highly desirable Philadelphia location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,419,724

  6.5%

  $4,079,745

  7%

  $3,788,334

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,073,014

  Geo Method

  $3,073,014

• Alternative Use

  Use

  Valuation

  Residential

  $3,441,417

  Hospitality

  $3,152,320

  Educational

  $2,622,693

  Medical

  $2,712,892

  Retail

  $4,079,745

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9502

Longitude

-75.1664

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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