1713 Broad StPhiladelphia, PA 19148

For Sale
$2,500,000

Prime Philadelphia Retail, USPS Tenant

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 4,828 square foot retail property located at 1713-1721 S Broad St, Philadelphia, PA 19148. The property, built in 1940, consists of two units totaling 4,828 square feet of net rentable space on a 13,068 square foot lot. Currently, the larger unit (approximately 4,828 sq ft) at 1713 S Broad St is occupied by the United States Postal Service under a triple net (NNN) lease, providing a stable and long-term income stream. The adjacent unit at 1717 S Broad St, approximately 1,580 sq ft, is currently vacant, offering potential for additional rental income or owner-occupancy. The property is zoned RSA-5, allowing for a variety of retail uses. The asking price is $2,500,000, translating to $517.81 per square foot. The property boasts a single-story building and became available on February 14, 2023. This location on South Broad Street in Philadelphia offers excellent visibility and accessibility, making it an attractive investment for both seasoned and emerging investors seeking a strong return on investment in a prime location. The property's current occupancy and zoning provide a solid foundation for future growth and profitability.

Highlights

  • 4,828 SF retail property at 1713-1721 S Broad St, Philadelphia, PA 19148.
  • Two units totaling 4,828 SF net rentable area on a 13,068 SF lot.
  • Larger unit (approx. 4,828 SF) occupied by USPS under a NNN lease.
  • Adjacent vacant unit (approx. 1,580 SF) offers additional income potential.
  • RSA-5 zoning allows for various retail uses. Asking price: $2,500,000 ($517.81/SF).

Property Details for 1713 Broad St

Property type
Other retail properties, Individual retail properties
Square Feet
4,828 SF
Year Built
1940
Buildings
1
Stories
1
Units
2

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9285007
Longitude
-75.1684465
1713 Broad St, Philadelphia, Pennsylvania

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1713 Broad St
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