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1429-1431 Arch St 4,000 SF 100% Leased Retail Building Philadelphia, PA 19102 For Sale
Investment Highlights
- Single story retail location with two established center city restaurant businesses each with individual entrances and exposure on Arch Street.
- One block from the Pennsylvania Convention Center, a few feet from Le Meridian Hotel, across the street from the Municipal Services Building.
- The property services many high rise Offices, Apartments, commercial establishments, private residents, hotels and public parking
- Easy access to the Benjamin Franklin Parkway, the Vine Street Expressway I-676.
Executive Summary
Core center city Philadelphia NNN retail leased property for sale. Single story retail location with two established restaurant businesses each with individual entrances and exposure on Arch Street. Near City Hall, the Pennsylvania Convention Center, the General Services building, Love Park and the Benjamin Franklin Parkway. Good daily pedestrian and vehicular traffic. The property services many high rise Offices, Apartments, commercial establishments, private residents, hotels and public parking. View brochure or call Agent for any additional questions.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1912
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.09 AC
Zoning
C5 - C5 zoning allows for high-density commercial uses like large retail stores, offices, and hotels.
Frontage
42’ on Arch St
Amenities
- Signage
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 882137300 | Improvements Assessment | $1,297,694 CAD |
| Land Assessment | $324,424 CAD | Total Assessment | $1,622,118 CAD |
Property Taxes
Parcel Number
882137300
Land Assessment
$324,424 CAD
Improvements Assessment
$1,297,694 CAD
Total Assessment
$1,622,118 CAD
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1429-1431 Arch St
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