Prime Retail Space Listed at 344 South Street Philadelphia
$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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