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    Philadelphia Retail Storefront Opportunity

    1812 HART Lane Philadelphia, PA 19134

    1812 HART Lane, Philadelphia, PA, 19134
    $220,000
    For Sale
    Claim this Listing
    $220,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property Size1,155 SF
    Lot Size0.02 Acres
    Price / SF$190.48
    AddedOct 2, 2025
    Days on Market287
    Last RefreshJul 15 at 8:06 pm

    Property Features for 1812 HART Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    1,155 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1338

    Utilities

    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Year built
    1920
    Number of units
    1
    Building materials
    Masonry
    Architectural style
    Other

    Listing agent Tahzib Bacchus License #RS330208

    Listing office Realty Mark Associates 2250 Terwood Drive, Southampton, PA

    Listing date Oct 2, 2025

    MLS# PAPH2544172 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This commercial property, located in Philadelphia, Pennsylvania, offers approximately 1155 square feet of space. The lot size is approximately 0.0172 acres. This property is categorized as a storefront and retail space.

    Key Highlights

    • Built in 1920
    • Masonry construction
    • Electric heating with baseboard units

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $20.8k $18.00
    − Vacancy −$2.1k −$1.85
    EGI $18.6k $16.15
    − OpEx −$5.6k −$4.84
    NOI $13.1k $11.30
    1,155 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $186.5K
    $163.2K – $217.6K (±1% cap)
    NOI $13,054 @ 7.0% cap · market cap 5.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $281.6K
    $246.4K – $328.5K (±1% cap)
    NOI $19,710 @ 7.0% cap · market cap 8.96%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Parking Lot & Garage Travel Agency Acupuncture (Bike/Boat/Book/etc) Store Computer & Electronic Repair Accounting Firm Veterinary Clinic Florist Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Storefront property - Retail storefront property for sale in Philadelphia, Pennsylvania.
    Where is this storefront property located?
    The property is located at 1812 HART Lane Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Built in 1920; Masonry construction; Electric heating with baseboard units
    Contact an agent
    (267) 689-7355
    We can help!
    Contact an agent
    Tahzib Bacchus
    Real Estate License ID: RS330208
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