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Double-Width Storefront with Garage
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1125-27 E PASSYUNK AVENUE, Philadelphia, PA 19147

CMX2-zoned commercial space with offices, display fixtures, and a flexible interior layout.

Property Size3,025 SF
Price / SF$1.65
Days on Market50

Property Features for 1125-27 E PASSYUNK AVENUE

General Information

Standard status Active
Size 3,025 SF
Total Parking Spaces 4
Property subtype Commercial
Zoning CMX2

Site & Location

Neighborhood Wharton

Additional Details

Furnished Yes

Building Details

Year Built 1915
Listing Agency: KW Empower
Listed By: Paul Chin · License #RS229203
Source: Cummingsrealtors
Added: Sep 18 Changed: Nov 5 Last Checked: Nov 4 at 3:51PM

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 KW Empower

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Investment Insights

Based on property information with market context.

This 3,025-square-foot storefront property was built in 1915 and includes two connected commercial spaces at 1125-27 E Passyunk Avenue. The interior retains countertops, display cases, and multiple separated offices. The property is zoned CMX2 and may accommodate restaurant, office, convenience store, or other commercial uses supported by the zoning and layout.

At the rear, a large garage with high ceilings provides room for parking up to 4 cars or use as a loading area. The 1125 portion includes a finished basement, while 1127 offers a larger basement with a utility closet, server room, and open rear room. The former medical marijuana dispensary configuration provides existing improvements that may support a range of future commercial adaptations.

Key Highlights

  • 3,025 SF storefront property at 1125‑27 E Passyunk Avenue
  • CMX2 zoning supports a range of commercial uses
  • Large rear garage with high ceilings and capacity for 4 cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,189
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,780 $683.8K
Cap Rate 7%
$488,414 $488.4K
Cap Rate 9%
$379,878 $379.9K
Market Conditions
NOI Build-Up for 3,025 SF
Gross rent
$54.5K $18.00/SF
− Vacancy
−$5.6K −$1.85/SF
EGI
$48.8K $16.15/SF
− OpEx
−$14.7K −$4.84/SF
NOI
$34.2K $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%
$683,780
Cap Rate 7%
$488,414
Cap Rate 9%
$379,878

Alternative Uses

Best Use
Retail
$488.4K
$427.4K – $569.8K (±1% cap)
NOI $34,189 @ 7.0% cap · market cap 683.78%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$737.4K
$645.3K – $860.4K (±1% cap)
NOI $51,621 @ 7.0% cap · market cap 1,032.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Nursing Home Tanning Salon Clothing & Fashion Store Buffet Adult Day Care

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

5,160
Businesses Nearby
151k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 65% Shops & Services 21% Dining 14% Electronics 1%
Whole Foods Market Groceries
37,607 visits/mo 0.5 miles
ACME Markets Groceries
32,911 visits/mo 0.4 miles
ACME Markets Groceries
20,427 visits/mo 0.5 miles
Sunoco Shops & Services
16,488 visits/mo 0.2 miles
7-Eleven Shops & Services
9,824 visits/mo 0.3 miles

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Philadelphia, PA

$210 Jul
$176 Aug
$174 Sep
$173 Oct

Properties on Market for Storefront properties in Philadelphia

Jul
Aug
Sep
Oct

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

  • Quinn's Flower Shop — 1728 S 2nd St Unit North, Philadelphia, PA 19148
  • Creations by Coppola — 1724 E Passyunk Ave #1, Philadelphia, PA 19148
  • Stephanie's Flowers — 1430 S 9th St, Philadelphia, PA 19147
  • Breezy flowers — 1516 reed st, philadelphia, pa 19146
  • Red Flowers — 1516 Reed St, Philadelphia, PA 19146

Frequently Asked Questions

What type of property is this?
Storefront property - CMX2-zoned commercial space with offices, display fixtures, and a flexible interior layout.
Where is this storefront property located?
The property is located at 1125-27 E PASSYUNK AVENUE Philadelphia, PA.
What are key features of this property?
This property features: 3,025 SF storefront property at 1125‑27 E Passyunk Avenue; CMX2 zoning supports a range of commercial uses; Large rear garage with high ceilings and capacity for 4 cars
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Includes: Price & PSF · Cap rate · Location · Zoning

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