4,872 SF | Prime South Street Corner | Flexible Financing

344 South St South Street Philadelphia, PA 19147

344 South St South Street , Philadelphia, PA, 19147
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FOR SALE FOR LEASE
Property Type:
Mixed Use
Amount:
$1,799,999
Cap Rate:
0.00%
Last Verified:
May 19, 2025

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Prime Airbnb or Mixed-Use Opportunity | Iconic South Street Corner. Across from Jim’s Steaks | Zoning: CMX-3. Own a high-visibility corner property in one of Philadelphia’s most vibrant and walkable commercial corridors-directly across from the legendary Jim’s Steaks on South Street. With CMX-3 zoning, this property is perfect for Airbnb or short-term rentals, retail, restaurant, or mixed-use development. This famous location draws constant foot traffic from tourists, locals, and nightlife seekers, offering massive exposure and consistent occupancy potential for hospitality-based strategies. Zoning: CMX-3 (allows for residential, hospitality, and commercial uses). Highlights: Unmatched visibility and foot traffic; Prime for Airbnb, boutique stays, or hospitality concepts; Surrounded by major attractions, nightlife, dining, and shopping; Walkable to transit, Center City, and historic districts; Incredible signage and branding potential. Whether you’re launching a standout Airbnb, restaurant, or retail concept-or planning a mixed-use redevelopment-this is a rare opportunity to invest in a cornerstone of Philadelphia culture. Inquire today to schedule a private tour or request more details.

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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.