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Vacant Bank Branch 1900-1902 South St 2,592 SF Office Building Philadelphia, PA 19146 $2,640,981 CAD ($1,018.90 CAD/SF)



Investment Highlights
- Premier Corner Location
- Flexible CMX-2 Zoning & Redevelopment Potential
- Thriving Philadelphia Retail Corridor
Executive Summary
Equity CRE is pleased to offer the opportunity to purchase a ±2,500 SF vacant bank building on a ±1,300 SF & highly visible corner lot in Philadelphia, PA. Located at 1900 South St, this property sits directly on the signalized intersection of South St & 19th St, with roughly 36 feet of frontage on each street. This frontage provides excellent visibility to pedestrian and vehicular traffic in every direction. Directly catty-cornered to the property is a Penn Medicine outpatient center, which provides additional daily visibility and traffic.
South Street is one of Philadelphia’s most active mixed-use retail and dining corridors, connecting the Rittenhouse/Fitler Square (to the north) & Graduate Hospital (to the south) neighborhoods. The immediate area is dense, walkable, and transit-served, making this property suitable for many different uses.
Zoned CMX-2, Neighborhood Commercial Mixed-Use, the property can accommodate a wide range of uses including retail, personal or commercial services, office, and restaurant, with residential permitted above the ground floor. The 2-story layout lends itself to an investor who is an end-user and could use the building as-is, but also to a buyer looking to repurpose/redevelop the site.
This property is being offered in “as-is” condition, and the seller is not obligated to provide property improvements or alterations.
South Street is one of Philadelphia’s most active mixed-use retail and dining corridors, connecting the Rittenhouse/Fitler Square (to the north) & Graduate Hospital (to the south) neighborhoods. The immediate area is dense, walkable, and transit-served, making this property suitable for many different uses.
Zoned CMX-2, Neighborhood Commercial Mixed-Use, the property can accommodate a wide range of uses including retail, personal or commercial services, office, and restaurant, with residential permitted above the ground floor. The 2-story layout lends itself to an investor who is an end-user and could use the building as-is, but also to a buyer looking to repurpose/redevelop the site.
This property is being offered in “as-is” condition, and the seller is not obligated to provide property improvements or alterations.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,592 SF
Building Class
C
Year Built
2005
Price
$2,640,981 CAD
Price Per SF
$1,018.90 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,296 SF
Slab To Slab
8’
Building FAR
1.04
Lot Size
0.06 AC
Zoning
C2, Philadelphia - C2 zoning allows for a variety of commercial uses like retail stores, restaurants, offices, and hotels.
Amenities
- Signage
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 882270070 | Improvements Assessment | $1,343,034 CAD |
| Land Assessment | $335,758 CAD | Total Assessment | $1,678,792 CAD |
Property Taxes
Parcel Number
882270070
Land Assessment
$335,758 CAD
Improvements Assessment
$1,343,034 CAD
Total Assessment
$1,678,792 CAD
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Vacant Bank Branch | 1900-1902 South St
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