Mixed-Use Property with
1006 W LEHIGH AVENUE, Philadelphia, PA 19133
For Sale
$829,000
CMX-2 zoning and a mix of retail, pharmacy, and office areas support a multi-tenant commercial configuration.
Property Size5,700 SF
Price / SF$145.44
Days on Market427
Property Features for 1006 W LEHIGH AVENUE
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Corner Location
Public Transit
Additional Details
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Homestarr Realty
Listed By:
Michael Bottaro · License PA AB067983
(267) 307-2444
Source:
Wagnerrealestate
Added: Sep 9, 2025
Changed: Nov 8
Last Checked: Nov 9 at 5:59PM
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 Homestarr Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 5,700-square-foot mixed-use building dates to approximately 1915 and retains original architectural details, including Greek pillars and mahogany-colored hardwood and marble-tiled floors. Its first floor has a pharmacy layout with a managerial office, storage, employee break room, changing room, retail area, and pharmaceutical space. A separate area includes a doctor’s office, waiting room, and vaccination room. Upper-level space includes a former executive suite with high ceilings and floor-to-ceiling windows, along with three rear offices.
The property is at the intersection of W. Lehigh and Germantown Avenues, near the Broad Street Line’s North Philadelphia Station and Temple University’s main campus. CMX-2 zoning and a parking lot behind the building with 7 parking spots are additional property features.
The property is at the intersection of W. Lehigh and Germantown Avenues, near the Broad Street Line’s North Philadelphia Station and Temple University’s main campus. CMX-2 zoning and a parking lot behind the building with 7 parking spots are additional property features.
Key Highlights
- 5,700 sq ft mixed‑use building
- CMX‑2 zoning
- First‑floor pharmacy layout includes retail, pharmaceutical space, and support rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,009
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,180
$1.5M
Cap Rate 7%
$1,071,557
$1.1M
Cap Rate 9%
$833,433
$833.4K
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$125.2K $21.96/SF
− Vacancy
−$25.2K −$4.41/SF
EGI
$100.0K $17.55/SF
− OpEx
−$25.0K −$4.39/SF
NOI
$75.0K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,180
Cap Rate 7%
$1,071,557
Cap Rate 9%
$833,433
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,593 @ 7.0% cap · market cap 9.96%
Second Best
Office B
$1.07M
$937.6K – $1.25M
NOI $75,009 @ 7.0% cap · market cap 9.05%
Theoretical Best
Multifamily LT 5
$1.39M
$1.22M – $1.62M
NOI $97,270 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,103
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - CMX-2 zoning and a mix of retail, pharmacy, and office areas support a multi-tenant commercial configuration.
Where is this mixed-use property located?
The property is located at 1006 W LEHIGH AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: 5,700 sq ft mixed‑use building; CMX‑2 zoning; First‑floor pharmacy layout includes retail, pharmaceutical space, and support rooms
