ADA-Accessible Office
1118 E COLUMBIA Avenue Philadelphia, PA 19125
For Sale
$349,900
Commercial Sale - PHILADELPHIA, PA
Property Size2,200 SF
Lot Size0.05 Acres
Price / SF$159.05
Days on Market297
Property Features for 1118 E COLUMBIA Avenue
General Information
- Property type
- Other
- Property subtype
- Office
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,200 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5105
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1850
- Building materials
- Masonry
Listing Agency:
JG Real Estate LLC
(215) 467-4100
Listed By:
Ariel L Morgenstein · License #AB067988
(215) 467-4100
Added: Oct 3, 2025
Changed: Jun 9
Last Checked: Jul 26 at 6:06AM
MLS# PAPH2544318
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-level commercial office space totals 2,200 square feet and is designed for professional day-to-day operations. The interior includes two private offices, a large conference room, a bullpen area suitable for desks or collaborative work, and a reception area with a 20-foot atrium overhead. Additional improvements include central A/C, two bathrooms, a kitchenette, and clean basement storage. The property is ADA-accessible.
Located at 1118 E Columbia Avenue in Philadelphia’s Fishtown area, the building is described as being just steps from Girard Avenue and SEPTA’s Girard Station, with access to public transportation and nearby highways, including the Delaware Expressway.
The layout and office-supporting amenities make this property well-suited for law firms, creative agencies, and other professional services that need a mix of private offices, meeting space, and an open bullpen environment. Zoning is listed as RSA-5, with office use on file, and the space is positioned for tenant and staff commuting via the nearby transit options.
Located at 1118 E Columbia Avenue in Philadelphia’s Fishtown area, the building is described as being just steps from Girard Avenue and SEPTA’s Girard Station, with access to public transportation and nearby highways, including the Delaware Expressway.
The layout and office-supporting amenities make this property well-suited for law firms, creative agencies, and other professional services that need a mix of private offices, meeting space, and an open bullpen environment. Zoning is listed as RSA-5, with office use on file, and the space is positioned for tenant and staff commuting via the nearby transit options.
Key Highlights
- Prime Fishtown location, steps from Girard Ave and SEPTA's Girard Station.
- 2,200 sq ft single‑level commercial office space.
- ADA‑accessible with seamless access to public transportation and highways.
Financial Insights For Office B
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 | $48.3k | $21.96 |
| − Vacancy | −$9.7k | −$4.41 |
| EGI | $38.6k | $17.55 |
| − OpEx | −$9.7k | −$4.39 |
| NOI | $29.0k | $13.16 |
2,200 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$413.6K
$361.9K – $482.5K
NOI $28,951 @ 7.0% cap · market cap 8.27%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$536.3K
$469.3K – $625.7K
NOI $37,543 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cairone & Kaupp, Inc.
Landscaping
FAQs
What type of property is this?
Office units - Single-level office with private offices, conference room, reception atrium, central A/C, and ADA accessibility.
Where is this office units located?
The property is located at 1118 E COLUMBIA Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Prime Fishtown location, steps from Girard Ave and SEPTA's Girard Station.; 2,200 sq ft single‑level commercial office space.; ADA‑accessible with seamless access to public transportation and highways.
