735 Sansom St, Philadelphia, PA 19106

Property Description

735 Sansom Street offers fee simple interest in a mixed-use property located in the heart of Philadelphia’s historic Jewelers Row. The asset features two spacious two-bedroom, one-bath apartment units along with 1,000 square feet of prime street-level commercial space. The apartments present a comfortable and functional layout, with separate living, dining, and sleeping areas. Large windows bring in natural light, while well-proportioned rooms provide flexibility for furniture placement. New ownership has the opportunity to fully reposition these units by updating kitchens, bathrooms, and flooring, unlocking significant rental upside over current in-place rents. The ground-floor commercial space sits in a location known for decades as the center of Philadelphia’s diamond trade. This 1,000-square-foot retail storefront has hosted numerous successful jewelry businesses and is surrounded by industry icons. New ownership can occupy the space immediately or lease it to one of the many entrepreneurs eager to join this thriving corridor. Sansom Street is currently experiencing a wave of transformation, with Pearl Properties set to deliver a Class A residential tower at 7th and Sansom. This development will bring increased foot traffic and new clientele to an already vibrant location. The property is transit-oriented, offering easy access to I-76, I-676, and I-95. The SEPTA Regional Rail station at 8th and Market is just a short walk away, connecting tenants to Center City, University City, and the Philadelphia suburbs via the Market-Frankford Line. Residents and business owners alike enjoy all that Center City Philadelphia has to offer, right at their doorstep.