Powelton Village Development Site

3401 Hamilton St Philadelphia, PA 19104

3401 Hamilton St, Philadelphia, PA, 19104
3401 Hamilton St, Philadelphia, PA, 19104
FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jan 26, 2021

Highlights

  • Corner property
  • • Signalized Intersection
  • • Located in historic Powelton Village
  • • Drexel University Immediate Sphere
  • • Less than 1 mile to Philadelphia Museum of Art
  • • 24 Minute walk to center city
  • • 15 Minute walk to Ben Franklin Parkway

Description

In the heart of Powelton Village sits one of the last undeveloped retail sites. Formally known as Kimey's place (having some of the best cheesestakes in Philly) this property sits at a heavily traveled signalized intersection surrounded by faculty, staff & student body associated with Drexel University.

Local

Building Size: 1800sq ft
Lot Size: 0.0 acres

Map of 3401 Hamilton St, Philadelphia, PA, 19104

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.