Flexible Storefront
For Sale
Contact for pricing
123 S 60TH STREET, Philadelphia, PA 19139
Commercial space with public transportation access and surrounding residential communities.
Property Size1,000 SF
Price / SF$2.00
Days on Market95
Property Features for 123 S 60TH STREET
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Site & Location
Neighborhood
West Philadelphia
Building Details
Year Built
1915
Listing Agency:
Burke Property Group
Listed By:
E. Michael Burke · License #RB068609
(215) 635-5500
Source:
Cummingsrealtors
Added: Jul 28
Changed: Oct 29
Last Checked: Oct 28 at 8:11AM
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 Burke Property Group
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Investment Insights
Based on property information with market context.
This approximately 1,000-square-foot commercial storefront at 123 S. 60th Street offers a flexible layout that can be customized for a range of business concepts. The space is positioned for uses such as a hair salon, barbershop, daycare, beauty studio, retail boutique, professional office, convenience store, or wellness center, subject to zoning and approvals.
The property is located on 60th Street in Philadelphia, with daily vehicle and pedestrian traffic, access to public transportation, and surrounding residential communities. Built in 1915, the storefront provides a neighborhood-oriented commercial setting for an operator seeking adaptable space and direct street presence.
The property is located on 60th Street in Philadelphia, with daily vehicle and pedestrian traffic, access to public transportation, and surrounding residential communities. Built in 1915, the storefront provides a neighborhood-oriented commercial setting for an operator seeking adaptable space and direct street presence.
Key Highlights
- Approximately 1,000 sq. ft. commercial storefront
- Flexible layout that can be customized for business needs
- Located on 60th Street in Philadelphia, PA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,302
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040
$226.0K
Cap Rate 7%
$161,457
$161.5K
Cap Rate 9%
$125,578
$125.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$18.0K $18.00/SF
− Vacancy
−$1.9K −$1.85/SF
EGI
$16.1K $16.15/SF
− OpEx
−$4.8K −$4.84/SF
NOI
$11.3K $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%
$226,040
Cap Rate 7%
$161,457
Cap Rate 9%
$125,578
Alternative Uses
Best Use
Retail
$161.5K
$141.3K – $188.4K
NOI $11,302 @ 7.0% cap · market cap 565.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$243.8K
$213.3K – $284.4K
NOI $17,065 @ 7.0% cap · market cap 853.25%
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
Location Intelligence
Trade Area within ½ mile
1,724
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Similar Off Market Nearby
- Maria Flores LLC — 6441 Haverford Ave, Philadelphia, PA 19151
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial space with public transportation access and surrounding residential communities.
Where is this storefront property located?
The property is located at 123 S 60TH STREET Philadelphia, PA.
What are key features of this property?
This property features: Approximately 1,000 sq. ft. commercial storefront; Flexible layout that can be customized for business needs; Located on 60th Street in Philadelphia, PA
