Corner Office Suite with
For Sale
Contact for pricing
1452 N 4TH STREET, Philadelphia, PA 19122
Freshly renovated office suite on a corner site with hardwood floors, large windows, and recessed lighting.
Property Size490 SF
Price / SF$3.06
Days on Market102
Property Features for 1452 N 4TH STREET
General Information
Standard status
Active
Size
490 SF
Property subtype
Commercial
Zoning
CMX-1
Site & Location
Neighborhood
Olde Kensington
Building Details
Year Built
1920
Listing Agency:
JG Real Estate LLC
Listed By:
Charles R Mertz · License #RS320831
(215) 467-4100
Source:
Cummingsrealtors
Added: Jul 21
Changed: Oct 29
Last Checked: Oct 28 at 8:08AM
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 JG Real Estate LLC
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Investment Insights
Based on property information with market context.
Available early December, this freshly renovated commercial office suite is located on the corner of Jefferson St and 4th. The space includes hardwood flooring, large windows designed for natural light and prominent advertising opportunities, and a high ceiling with recessed lighting and exposed ductwork. A spacious bathroom with modern fixtures supports day-to-day office use.
The suite is offered for sale and is presented as easily accessible. CMX-1 zoning is noted in the listing.
Additional stated financial terms include $50 application fees per applicant and a deposit structure of 1st month, 12th month, and 1 month security deposit due at the outset. Taxes, insurance, and water are included in rent, while tenants are responsible for monthly PECO and gas, plus U&O taxes noted as $114/month.
The suite is offered for sale and is presented as easily accessible. CMX-1 zoning is noted in the listing.
Additional stated financial terms include $50 application fees per applicant and a deposit structure of 1st month, 12th month, and 1 month security deposit due at the outset. Taxes, insurance, and water are included in rent, while tenants are responsible for monthly PECO and gas, plus U&O taxes noted as $114/month.
Key Highlights
- Freshly renovated 490 SF commercial office space available early December at 1452 N 4th St
- Corner location on Jefferson St and 4th with large windows for natural light and advertising space
- Hardwood flooring plus high ceilings with recessed lighting and exposed ductwork
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,448
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,960
$129.0K
Cap Rate 7%
$92,114
$92.1K
Cap Rate 9%
$71,644
$71.6K
Market Conditions
NOI Build-Up for 490 SF
Gross rent
$10.8K $21.96/SF
− Vacancy
−$2.2K −$4.41/SF
EGI
$8.6K $17.55/SF
− OpEx
−$2.1K −$4.39/SF
NOI
$6.4K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,960
Cap Rate 7%
$92,114
Cap Rate 9%
$71,644
Alternative Uses
Best Use
Office B
$92.1K
$80.6K – $107.5K
NOI $6,448 @ 7.0% cap · market cap 429.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$119.5K
$104.5K – $139.4K
NOI $8,362 @ 7.0% cap · market cap 557.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,940
Businesses Nearby
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Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Office unit - Freshly renovated office suite on a corner site with hardwood floors, large windows, and recessed lighting.
Where is this office unit located?
The property is located at 1452 N 4TH STREET Philadelphia, PA.
What are key features of this property?
This property features: Freshly renovated 490 SF commercial office space available early December at 1452 N 4th St; Corner location on Jefferson St and 4th with large windows for natural light and advertising space; Hardwood flooring plus high ceilings with recessed lighting and exposed ductwork
