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Prime Retail Space Listed at 344 South Street Philadelphia

Prime Retail Space Listed at 344 South Street Philadelphia
FOR SALE
View more

$1,799,999

344 South Street, Philadelphia, PA 19147

4,872 SF

Square Feet

$369

PPSF

Property Description

Located at 344-348 South Street, Philadelphia, PA 19147, this 4,872 square foot retail space offers an exceptional opportunity for investors and business owners in one of Philadelphia's most vibrant and dynamic neighborhoods. The motivated seller is offering flexible financing options, making it easier than ever to secure this outstanding location.

Strategically positioned at the corner of 4th and South Street, the property boasts unparalleled accessibility, with proximity to major highways and just a six-minute drive to the Philadelphia 30th Street Commuter Rail, ensuring seamless connectivity for employees and clients. The area is highly walkable and bikeable, surrounded by popular amenities such as Jim’s Steaks, Nora’s Kitchen, Redcrest Kitchen, and Lucky’s Last Chance, creating a lively atmosphere ideal for retail or dining establishments.

Previously occupied by the renowned Copabanana Restaurant, this property combines commercial potential with local charm. Its proximity to cultural landmarks further enhances its appeal, offering businesses the chance to thrive in a bustling community while benefiting from the area's unique blend of commerce and culture.

Key Features

  • Retail Space: 4,872 SF
  • Prime Location: Corner of 4th and South Street
  • Accessibility: Close to major highways; six minutes to 30th Street Commuter Rail
  • Vibrant Neighborhood: Highly walkable and bikeable with nearby amenities
  • Previous Use: Formerly Copabanana Restaurant
  • Flexible Financing: Seller offering attractive options

Investment Highlights

This property represents a rare opportunity to establish or expand your business in one of Philadelphia's most desirable commercial corridors. Whether you're envisioning a retail shop, restaurant, or other commercial venture, the location's accessibility, vibrant surroundings, and flexible financing make it an ideal choice. Investors can also explore development opportunities to maximize its potential in this thriving area.

Don't miss the chance to own this cornerstone property in Philadelphia's iconic South Street district. With its strategic location and motivated seller, this is your opportunity to make a lasting impact on the city's business landscape!


Property Details

Asset Type

Mixed-use

Zoning

CMX-3

Neighborhood

South Street

Submarket

Philadelphia

ZIP

19147

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$102,395

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$8,533

Annual Debt Service

$102,395

View on Map

Address

344 South Street

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