715-717 E Passyunk Ave - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19147
$1,700,000 USD
610-520-0100
715-717 E Passyunk Ave, Philadelphia, PA for Sale
$1,700,000 USD
Storefront Retail/Residential - FOR SALE
1/30
null | Request Cap Rate

715-717 E Passyunk Ave
Philadelphia, PA 19147


OVERVIEW

You don’t want to miss the opportunity to acquire 715 E Passyunk Avenue, home to the distinguished Petit Coin. Completed in the fall of 2021, this remarkable development features two luxury residential units, each offering two bedrooms, as well as two expansive street-level commercial spaces encompassing over 1,450 square feet. The commercial corridor at Petit Coin is anchored by Ham & Bone, a specialty pet retail and grooming boutique. The property’s wedge-shaped design and distinctive facade add architectural variety and visual interest to one of Philadelphia’s most historic and affluent subdivisions. Petit Coin, translating to "little corner," perfectly encapsulates the charm of this triangular development, which is situated at one of the most prominent intersections in Queen Village, at the corner of 5th and Passyunk. Queen Village, one of Philadelphia’s oldest residential neighborhoods, thrives today with a vibrant mix of eclectic restaurants and small businesses. Featuring premium finishes and sophisticated design elements, Petit Coin stands out as a one-of-a-kind property. This stabilized development offers investors a rare opportunity to secure a property with significant rental upside and no capital improvements required. Please note that taxes and square footage should be independently verified by the buyer.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C2

APN/PARCEL ID

023133500

ASK ABOUT THIS PROPERTY

McCann KW AdminKeller Williams EmpowerMore Info
610-520-0100

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McCann KW AdminKeller Williams EmpowerMore Info
610-520-0100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.