Two-Story Mixed-Use
For Sale
$219,900
100 S 55th St, Philadelphia, PA 19139
Ground-floor commercial space pairs with a vacant two-bedroom apartment above.
Property Size1,440 SF
Price / SF$152.71
Days on Market11
Property Features for 100 S 55th St
General Information
Standard status
Active
Size
1,440 SF
Building Details
Year Built
1925
Listing Agency:
Canaan Realty Investment Group
(215) 333-1826
Listed By:
Joey S. Fang · License #RM422484
Source:
Bethsamberg
Added: Aug 20
Changed: Aug 29
Last Checked: Aug 25 at 4:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Canaan Realty Investment Group
Investment Insights
Based on property information with market context.
This 1,440-square-foot mixed-use property combines a street-level commercial area with a two-bedroom apartment on the second floor. The commercial space is occupied under a month-to-month lease, while the upper apartment is vacant and available for occupancy. The two-level layout supports an owner-occupant arrangement with commercial use below and residential use above.
Built in 1925, the property is located at 100 S 55th St in Philadelphia’s Cobbs Creek section. Public transportation, shopping, neighborhood amenities, and major routes are accessible from the property. The vacant apartment is available for viewing by lockbox.
Built in 1925, the property is located at 100 S 55th St in Philadelphia’s Cobbs Creek section. Public transportation, shopping, neighborhood amenities, and major routes are accessible from the property. The vacant apartment is available for viewing by lockbox.
Key Highlights
- 1,440‑square‑foot mixed‑use property
- First‑floor commercial space occupied under a month‑to‑month lease
- Vacant second‑floor two‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,107
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$342,140
$342.1K
Cap Rate 7%
$244,386
$244.4K
Cap Rate 9%
$190,078
$190.1K
Market Conditions
NOI Build-Up for 1,440 SF
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.
Gross rent
$31.1K $21.60/SF
− Vacancy
−$3.7K −$2.59/SF
EGI
$27.4K $19.01/SF
− OpEx
−$10.3K −$7.13/SF
NOI
$17.1K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$342,140
Cap Rate 7%
$244,386
Cap Rate 9%
$190,078
Alternative Uses
Best Use
Apartment 5plus
$323.6K
$283.1K – $377.5K
NOI $22,651 @ 7.0% cap · market cap 10.30%
Second Best
Mixed Use
$244.4K
$213.8K – $285.1K
NOI $17,107 @ 7.0% cap · market cap 7.78%
Theoretical Best
Multifamily LT 5
$351.0K
$307.2K – $409.6K
NOI $24,573 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,185
Businesses Nearby
149k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 27%
Groceries 12%
Apparel 6%
Wendy's
Dining
24,438 visits/mo
0.2 miles
McDonald's
Dining
22,600 visits/mo
0.5 miles
McDonald's
Dining
22,065 visits/mo
0.2 miles
Save-A-Lot
Groceries
18,565 visits/mo
0.3 miles
Dunkin' Donuts
Dining
11,353 visits/mo
0.3 miles
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space pairs with a vacant two-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 100 S 55th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1,440‑square‑foot mixed‑use property; First‑floor commercial space occupied under a month‑to‑month lease; Vacant second‑floor two‑bedroom apartment
