Renovated Retail
For Sale
Contact for pricing
1239 POINT BREEZE AVENUE #1FL, Philadelphia, PA 19146
First-floor premises include a finished basement, creating a practical two-level layout for retail operations.
Property Size1,000 SF
Price / SF$1.50
Days on Market65
Property Features for 1239 POINT BREEZE AVENUE #1FL
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Additional Details
Floor
First Floor, Basement
Building Details
Year Built
1923
Listing Agency:
Foundation Realty Group Inc
Listed By:
Jack Xiao · License #RM420311
(215) 923-5400
Source:
Cummingsrealtors
Added: Aug 14
Changed: Oct 16
Last Checked: Oct 16 at 8:27AM
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 Foundation Realty Group Inc
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Investment Insights
Based on property information with market context.
This retail property provides approximately 1,000 square feet across the first floor and a finished basement. The offering includes only these two levels, with the basement adding finished space beneath the primary storefront area. Renovation work has been completed, presenting an updated setting for a retail user. The property is located at 1239 Point Breeze Avenue in Philadelphia’s Point Breeze/South Philly area. Constructed in 1923, the building combines a renovated retail component with a basement-level layout.
Key Highlights
- Approximately 1,000 square feet of retail space
- Finished basement included in the premises
- First floor and basement comprise the available space
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 753.47%
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 1,137.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,200
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Groceries 35%
Dining 8%
Home Improvements & Furnishings 3%
Sprouts Farmers Market
Groceries
23,111 visits/mo
0.5 miles
Lukoil
Shops & Services
12,955 visits/mo
0.5 miles
Family Dollar
Shops & Services
9,909 visits/mo
0.3 miles
AutoZone
Shops & Services
7,588 visits/mo
0.2 miles
Dunkin' Donuts
Dining
5,816 visits/mo
0.4 miles
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
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
Frequently Asked Questions
What type of property is this?
Retail space - First-floor premises include a finished basement, creating a practical two-level layout for retail operations.
Where is this retail space located?
The property is located at 1239 POINT BREEZE AVENUE #1FL Philadelphia, PA.
What are key features of this property?
This property features: Approximately 1,000 square feet of retail space; Finished basement included in the premises; First floor and basement comprise the available space
