Versatile Warehouse with Commissary
For Sale
Contact for pricing
1100 E Berks St, Philadelphia, PA
Open warehouse space with kitchen, offices, and gated parking.
Property Size5,084 SF
Lot Size0.16 Acres
Price / SF$304.88
Days on Market371
Property Features for 1100 E Berks St
General Information
Standard status
Active
Size
5,084 SF
Lot size
0.16 Acres
Property subtype
INDUSTRIAL
Listing Agency:
MPN Realty, Inc.
(267) 238-1728
Listed By:
Veronica Blum · License #RS290724
Source:
Moodyscre
Added: Jul 25, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:06AM
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 MPN Realty, Inc.
Investment Insights
Based on property information with market context.
This versatile open warehouse space, approximately 5,100 square feet, is currently built out as a commissary kitchen with offices and private gated parking. The property includes a hood and Ansul system, washable and stainless steel walls, a three-bay sink, a hand washing sink, and walk-in refrigerators and freezers. A drive-in roll-up garage door provides direct access to the approximately 2,000 square foot fenced-in parking lot. The property has curb cuts and access points from both E. Wildey Street, with 81 feet of frontage, and E. Berks Street, with 86 feet of frontage. The parcel, approximately 7,000 square feet, is zoned ICMX and has the necessary permits in place for a commissary kitchen. The property is located at the corner of E. Berks and E. Wildey Streets, just off Girard Avenue and a few blocks from the I95 exit in Fishtown.
Key Highlights
- Turnkey commissary kitchen with existing hood, Ansul system, stainless steel walls, sinks, and walk‑in refrigerators/freezers.
- Private, gated parking lot (approx. 2,000 sq ft) with drive‑in roll‑up garage door.
- Prime Fishtown location, just off Girard Ave and close to I‑95.
Financial Insights For Specialty Retail
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 | $106.8k | $21.00 |
| − Vacancy | −$8.5k | −$1.68 |
| EGI | $98.2k | $19.32 |
| − OpEx | −$24.6k | −$4.83 |
| NOI | $73.7k | $14.49 |
5,084 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.05M
$920.8K – $1.23M
NOI $73,667 @ 7.0% cap · market cap 4.75%
Second Best
Retail
$820.9K
$718.3K – $957.7K
NOI $57,460 @ 7.0% cap · market cap 3.71%
Theoretical Best
Multifamily LT 5
$1.24M
$1.08M – $1.45M
NOI $86,758 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,202
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Safeguard Self Storage — 1221 N Broad St, Philadelphia, PA 19122
- Convey Facility — 1776 N Broad St, Philadelphia, PA 19121
- Stasher - Luggage Storage Art Museum — 1900 W Girard Ave, Philadelphia, PA 19130
- Near2Me Self Storage Units — 1221 n broad st, philadelphia, pa 19122
- CubeSmart Self Storage — 1645 N American St, Philadelphia, PA 19122
Frequently Asked Questions
What type of property is this?
Warehouse - Open warehouse space with kitchen, offices, and gated parking.
Where is this warehouse located?
The property is located at 1100 E Berks St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Turnkey commissary kitchen with existing hood, Ansul system, stainless steel walls, sinks, and walk‑in refrigerators/freezers.; Private, gated parking lot (approx. 2,000 sq ft) with drive‑in roll‑up garage door.; Prime Fishtown location, just off Girard Ave and close to I‑95.
