Queen Village Mixed-Use Property

PHILADELPHIA, PA 19147 Philadelphia, PA 19147

Claim this Listing
For Sale
$650,000

SINGLE_FAMILY - PHILADELPHIA, PA

Property size:
2,430 SF
Lot size:
0.02 Acres
Price / SF:
$267/SF
Added:
Feb 4, 2026
Days on Market:
156
Last Refresh:
Jul 10 at 9:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
2,430 SF
Lot size
0.02 Acres

Building Details

Year built
2008

Listing agent Patrick Conway License #RS217990L

Listing office BHHS Fox & Roach Center City-Society Hill PA

Listing date Feb 4, 2026

MLS# PAPH2580916

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 mixed-use property is located in Queen Village. The building features two commercial spaces and two newer one-bedroom apartments. Constructed from the ground up with concrete block, the first floor and basement offer a commercial space with a large open floor plan, marble floors, a full bath, and a private yard, suitable for a professional office. The second and third floors each contain a large, one-bedroom apartment with hardwood floors and a new kitchen. The property has a size of 2430 square feet and sits on a lot of approximately 0.02 acres.

Key Highlights

  • Mixed‑use property in desirable Queen Village/Fabric Row location.
  • Two newer, self‑contained 1‑bedroom apartments feature hardwood floors and new kitchens.
  • Ground‑up construction with concrete block.

Local Financial Insights For Apartment 5plus

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 $73.8k $30.36
− Vacancy −$4.3k −$1.76
EGI $69.5k $28.60
− OpEx −$31.3k −$12.87
NOI $38.2k $15.73
2,430 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$546.0K
$477.8K – $637.1K (±1% cap)
NOI $38,223 @ 7.0% cap · market cap 5.88%
Second Best
Office B
$456.8K
$399.7K – $533.0K (±1% cap)
NOI $31,978 @ 7.0% cap · market cap 4.92%
Theoretical Best
Multifamily LT 5
$592.4K
$518.4K – $691.1K (±1% cap)
NOI $41,468 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

FAQs

What type of property is this?
Mixed-use property - Mixed-use property in Queen Village with commercial spaces and apartments.
Where is this mixed-use property located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Mixed‑use property in desirable Queen Village/Fabric Row location.; Two newer, self‑contained 1‑bedroom apartments feature hardwood floors and new kitchens.; Ground‑up construction with concrete block.
Contact an agent
More about this property
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