Log In/Sign Up
Your email has been sent.
223 S 45th St 2,430 SF 100% Leased Retail Building Philadelphia, PA 19104 $1,482,360 CAD ($610.02 CAD/SF)



Executive Summary
223 S. 45th Street offers investors the opportunity to acquire a well-located asset in Philadelphia’s highly desirable University City submarket. Situated in the Spruce Hill neighborhood, the property benefits from immediate proximity to the University of Pennsylvania and Drexel University, driving consistent rental demand from students, faculty, and young professionals. Fully occupied with 5-units including (1) studio/1 bathroom, (2) 1 bedroom/1 bathroom; (1) 2 bedroom/2 bathroom); and (1) 3 bedroom/3 bathroom. Investment highlights include: University City location with durable rental demand; Walkable to parks, retail, and dining amenities; Strong transit connectivity to Center City and major employment hubs; and Stable cash flow and long-term appreciation in one of Philadelphia’s most resilient rental markets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,430 SF
Building Class
C
Year Built/Renovated
1935/2016
Price
$1,482,360 CAD
Price Per SF
$610.02 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.19
Lot Size
0.05 AC
Zoning
CMX2
Frontage
20’ on 45th St
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 871127150 | Improvements Assessment | $460,704 CAD |
| Land Assessment | $115,141 CAD | Total Assessment | $575,845 CAD |
Property Taxes
Parcel Number
871127150
Land Assessment
$115,141 CAD
Improvements Assessment
$460,704 CAD
Total Assessment
$575,845 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
223 S 45th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
