1701 South Street — Sale in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Philadelphia, PA 19146

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Description

Marcus & Millichap is pleased to present 1701 South Street - A rare opportunity to acquire a recently constructed, 10-unit Class A mixed-use community situated at the corner of 17th and South Street in Philadelphia’s highly desirable Graduate Hospital neighborhood. Built in 2015, the property offers an exceptional combination of luxury residential finishes, a 2,400 SF ground-floor commercial space, and immediate access to one of the city’s most vibrant and supply-constrained rental corridors. The residential unit mix is comprised of six 1-bedroom units, two 2-bedroom units, and one studio - each thoughtfully designed with spacious floor plans, high-end kitchens and baths, stainless steel appliances, and in-unit washer/dryers. Most of the units feature private balconies. Building amenities include secured entry, a dedicated trash room, and shared outdoor deck, providing tenants with a full-service living experience befitting the neighborhood’s caliber. As one of the few boutique assets in the immediate area, 1701 South offers a rare opportunity to acquire a mixed-use trophy asset in one of Philadelphia’s’ most stable rental markets. With its irreplaceable corner location, quality construction, income-diversifying commercial component, and proximity to Center City, 1701 South Street presents investors with a compelling opportunity to acquire a premier asset in a high-barrier-to-entry submarket, well positioned to deliver strong returns and long-term appreciation. Investment Highlights: • 10-Unit Mixed-Use Community in the Graduate Hospital Neighborhood of Philadelphia • Strong Unit Mix: Primarily 1 & 2 Bedrooms • High-End Finishes: Hardwood Flooring, Stainless Steel Appliances, In-Unit Washer/Dryer • Diverse Floor Plans: Most Units Feature a Private Balcony or Roof Deck • Prime Ground Floor Retail: Prominent Corner Location Along an Established Commercial Corridor • Legacy Asset

Market Context

This mixed use in Philadelphia, PA is listed for sale. Compare it against other mixed use listings for sale in Philadelphia, PA — view the full market.

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