1230 Arch StPhiladelphia, PA 19107

For Sale
$3,400,000

Historic Philly Retail, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
94
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
Other retail properties, Individual retail properties
Square Feet
5,170 SF
Class
C

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.95415828
Longitude
-75.16090706
1230 Arch St, Philadelphia, Pennsylvania

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1230 Arch St
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