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110 S 60TH STREET #1, Philadelphia, PA 19139

A compact storefront sits along a commercial corridor, two blocks from the 60th Street El Station.

Property Size435 SF
Price / SF$2.18
Days on Market6

Property Features for 110 S 60TH STREET #1

General Information

Standard status Active
Size 435 SF
Property subtype Commercial

Site & Location

Neighborhood West Philadelphia

Building Details

Year Built 1915
Listing Agency: West Philadelphia Real Estate
Listed By: George M Bantel · License #RM421034
Source: Cummingsrealtors
Added: Oct 30 Changed: Nov 3 Last Checked: Nov 3 at 7:02AM

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 West Philadelphia Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 435-square-foot retail space at 110 S 60th Street, Philadelphia, is part of a building constructed in 1915. Its scale suits a small retail operation.

The storefront is on a commercial corridor, two blocks south of the 60th Street El Station. The tenant is responsible for U&O tax, estimated at about $31 per month.

Key Highlights

  • 435‑square‑foot retail space
  • Two blocks south of the 60th Street El Station
  • Tenant responsible for U&O tax, estimated at about $31/month

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,916
Suggested Prices Based on Cap Rates
Cap Rate 5%
$98,320 $98.3K
Cap Rate 7%
$70,229 $70.2K
Cap Rate 9%
$54,622 $54.6K
Market Conditions
NOI Build-Up for 435 SF
Gross rent
$7.8K $18.00/SF
− Vacancy
−$806 −$1.85/SF
EGI
$7.0K $16.15/SF
− OpEx
−$2.1K −$4.84/SF
NOI
$4.9K $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%
$98,320
Cap Rate 7%
$70,229
Cap Rate 9%
$54,622

Alternative Uses

Best Use
Retail
$70.2K
$61.5K – $81.9K (±1% cap)
NOI $4,916 @ 7.0% cap · market cap 517.47%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$106.0K
$92.8K – $123.7K (±1% cap)
NOI $7,423 @ 7.0% cap · market cap 781.37%
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

SO RAW APPAREL Custom T-Shirt Store

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Parking Lot & Garage Dental Office

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

1,724
Businesses Nearby
90k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 38% Groceries 21% Electronics 3%
McDonald's Dining
22,065 visits/mo 0.5 miles
Save-A-Lot Groceries
18,565 visits/mo 0.4 miles
Dunkin' Donuts Dining
12,945 visits/mo 0.4 miles
Exxon Shops & Services
10,451 visits/mo 0.3 miles
AutoZone Shops & Services
7,230 visits/mo 0.4 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
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

Frequently Asked Questions

What type of property is this?
Retail space - A compact storefront sits along a commercial corridor, two blocks from the 60th Street El Station.
Where is this retail space located?
The property is located at 110 S 60TH STREET #1 Philadelphia, PA.
What are key features of this property?
This property features: 435‑square‑foot retail space; Two blocks south of the 60th Street El Station; Tenant responsible for U&O tax, estimated at about $31/month
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