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Corner Storefront with Basement
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1072 N FRONT STREET #COMMERCIAL, Philadelphia, PA 19123

Open commercial layout with natural light, a first-floor powder room, and a semi-finished basement.

Property Size1,400 SF
Price / SF$1.35
Days on Market60

Property Features for 1072 N FRONT STREET #COMMERCIAL

General Information

Standard status Active
Size 1,400 SF
Property subtype Commercial

Additional Details

Floor 1
Corner Location Yes

Amenities

open floor plan
natural light
first floor powder room
semi finished basement

Building Details

Year Built 1950
Listing Agency: RE/MAX Access
Listed By: Steven D Capriotti · License #AB066366
Source: Cummingsrealtors
Added: Aug 19 Changed: Oct 16 Last Checked: Oct 16 at 9:51AM

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 RE/MAX Access

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Investment Insights

Based on property information with market context.

This corner storefront at 1072 N Front Street features an open interior layout with abundant natural light, a first-floor powder room, and a semi-finished basement. The property was built in 1950 and is identified as a storefront property suitable for retail-oriented commercial use.

The site is positioned in Northern Liberties with pedestrian and passing vehicle activity noted along the corner setting. Public transportation is nearby, with El Camino, The Piazza, and Love and Honey Fried Chicken also identified in the surrounding area.

Key Highlights

  • Corner storefront in Northern Liberties
  • Open floor plan with abundant natural light
  • First‑floor powder room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,823
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,460 $316.5K
Cap Rate 7%
$226,043 $226.0K
Cap Rate 9%
$175,811 $175.8K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$25.2K $18.00/SF
− Vacancy
−$2.6K −$1.85/SF
EGI
$22.6K $16.15/SF
− OpEx
−$6.8K −$4.84/SF
NOI
$15.8K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,460
Cap Rate 7%
$226,043
Cap Rate 9%
$175,811

Alternative Uses

Best Use
Retail
$226.0K
$197.8K – $263.7K (±1% cap)
NOI $15,823 @ 7.0% cap · market cap 834.99%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$341.3K
$298.6K – $398.2K (±1% cap)
NOI $23,891 @ 7.0% cap · market cap 1,260.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Mobile Phone Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,858
Businesses Nearby
436k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 59% Home Improvements & Furnishings 11% Shops & Services 10% Groceries 8%
Walmart Superstores
152,363 visits/mo 0.4 miles
Target Superstores
105,271 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
49,459 visits/mo 0.4 miles
Wawa Shops & Services
38,950 visits/mo 0.4 miles
Giant Food Store Groceries
34,062 visits/mo 0.2 miles

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Similar Off Market Nearby

  • Pat FLORIST — 608 E Snyder Ave, Philadelphia, PA 19148
  • Quinn's Flower Shop — 1728 S 2nd St Unit North, Philadelphia, PA 19148
  • Stephanie's Flowers — 1430 S 9th St, Philadelphia, PA 19147
  • Adore Flowers - Delivery Only — 777 S 3rd St Rear C, Philadelphia, PA 19147
  • Holland & Stokes — 620 S 6th St, Philadelphia, PA 19147

Frequently Asked Questions

What type of property is this?
Storefront property - Open commercial layout with natural light, a first-floor powder room, and a semi-finished basement.
Where is this storefront property located?
The property is located at 1072 N FRONT STREET #COMMERCIAL Philadelphia, PA.
What are key features of this property?
This property features: Corner storefront in Northern Liberties; Open floor plan with abundant natural light; First‑floor powder room
More about this property
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