10111 W Mount Pleasant Avenue, Philadelphia, PA 19119
Stone church with large sanctuary and operating daycare, plus a detached multi-bedroom home on a corner lot.
- Added:
- Feb 26, 2025
- Days on Market:
- 464
- Last Refresh:
- Jun 5 at 2:48 am
Property Features for 10111 W Mount Pleasant Avenue
General Information
- Standard status
- Active
- Size
- 13,500 SF
- Lot size
- 0.46 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1905
Listing agent Maria Maria Quattrone Quattrone
Listing office LPT Realty,LLC
Listing date Feb 26, 2025
Source Deepcreeklake
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HighLights
- 20,000+ SF corner lot with 9,500 SF stone building and attached uses described as an operating daycare and large sanctuary
- 9,500 SF stone building includes a sanctuary space that holds 300 people and a fully operational daycare with 130+ participants
- By‑right zoning allows detached and semi‑detached single‑family homes, plus additional multi‑use possibilities listed including group living and assisted living
- Updates include a newer roof, approved sprinkler system, and a new heater installed in 2013
- Detached 4,000 SF three‑story home with 5 bedrooms, 2 bathrooms, and full basements in both structures
- Parking includes a six‑car parking lot and a two‑car garage; located steps from the 73 bus line and nearby retail
Overview
The site sits on a 20,000+ square foot corner lot in Mt. Airy. The property is described as having By-Right zoning that permits detached and semi-detached single-family homes, along with additional multi-use possibilities, including group living, personal care homes, hospitals, and assisted living facilities. Public transit access is identified as steps from the 73 bus line, with nearby grocery stores, restaurants, and coffee shops.
For operators, this is a turn-key option combining sanctuary space and a currently functioning daycare. For buyers and developers, the combination of a landmark stone facility, a secondary residential structure, and By-Right housing and multi-use allowances supports a range of repurposing and development approaches, including uses aligned with group living, personal care, hospital, and assisted living needs.
Local Financial Insights For Apartment 5plus
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 | $409.9k | $30.36 |
| − Vacancy | −$23.8k | −$1.76 |
| EGI | $386.1k | $28.60 |
| − OpEx | −$173.7k | −$12.87 |
| NOI | $212.3k | $15.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.167997
- Latitude
- 40.0794613