2037 Broad StPhiladelphia, PA 19148

For Sale
$1,800,000

Prime location, vacant, high traffic

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 5,371 square foot retail building, located at 2037 S Broad St in Philadelphia, PA, presents a unique investment opportunity. Currently vacant, the property offers significant potential for a variety of uses, including restaurant, bank, or QSR, thanks to its CMX 2.5 zoning. Formerly a Wendy's, the building boasts an existing kitchen and basement storage, ideal for a food service operator. Situated at the prominent corner of Broad and Snyder Streets, it benefits from exceptional visibility and accessibility, with a daily traffic count of 23,000 vehicles. The property's proximity to the Snyder Station on SEPTA's Broad Street Line ensures convenient public transportation access. Its strategic location across from South Philadelphia High School and Constitution Health Plaza, and 1.5 miles from the stadium complex, guarantees a high volume of foot and vehicular traffic. The building, constructed in 1900, is a three-story structure on a 5,371 square foot lot. The asking price is $1,800,000, translating to $335.13 per square foot. The property is currently vacant, with an occupancy date of June 10, 2024. This prime South Philadelphia location, within a one-mile radius of 106,592 residents with an average household income of $108,340, makes this a compelling investment for owner-users or investors seeking a high-traffic, versatile space.

Highlights

  • 5,371 SF building at Broad & Snyder Streets, South Philadelphia.
  • Former Wendy's, vacant, ideal for owner-user or investor. High-traffic Broad Street location (23,327 AADT).
  • 1-mile radius: 106,592 residents, $108,340 avg. household income. Adjacent to Broad & Snyder subway station.
  • High foot & vehicle traffic; across from South Philadelphia High School & Constitution Health Plaza. Near West Passyunk Ave.
  • Close proximity to West Passyunk Avenue's vibrant food & entertainment scene.
  • Existing kitchen and basement storage; suitable for QSR or restaurant.

Property Details for 2037 Broad St

Property type
Other retail properties, Restaurants
Square Feet
5,371 SF
Class
B
Year Built
1900
Buildings
1
Stories
3
Units
1

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.924455
Longitude
-75.1691989
2037 Broad St, Philadelphia, Pennsylvania

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2037 Broad St
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