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Mixed-Use Building with Convenience Store
For Sale
$350,000

148 N 52ND Street, Philadelphia, PA 19139

Multi-Family, PHILADELPHIA, PA

Property Size1,830 SF
Lot Size0.04 Acres
Price / SF$191.26
Days on Market105

Property Features for 148 N 52ND Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Interior features Kitchen - Eat-In
Subdivision NONE AVAILABLE
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 1,830 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 872

Utilities

Heating system Other (Heating)

Building Details

Year built 1925
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Real Estate - Media · Keller Williams Realty
Listed By: Seyoum Gebremariam · License #RS365419
Added: Jul 5 Changed: Oct 8 Last Checked: Oct 17 at 3:06AM
MLS# PAPH2644310

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,830-square-foot brick property combines a ground-floor convenience store with a three-bedroom apartment on the second floor. The apartment includes a kitchen and full bathroom; the kitchen is configured for dining. The store currently operates during evening and nighttime hours.

Built in 1925, the building occupies a 0.0388-acre lot. On-street parking is available, and the property includes a basement.

Key Highlights

  • Two‑use property with a convenience store and a three‑bedroom apartment
  • 1,830 square feet of building area
  • Upper‑level apartment includes a kitchen and full bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,517
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,340 $530.3K
Cap Rate 7%
$378,814 $378.8K
Cap Rate 9%
$294,633 $294.6K
Market Conditions
NOI Build-Up for 1,830 SF
Gross rent
$38.4K $21.00/SF
− Vacancy
−$3.1K −$1.68/SF
EGI
$35.4K $19.32/SF
− OpEx
−$8.8K −$4.83/SF
NOI
$26.5K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,340
Cap Rate 7%
$378,814
Cap Rate 9%
$294,633

Alternative Uses

Best Use
Specialty Retail
$378.8K
$331.5K – $442.0K (±1% cap)
NOI $26,517 @ 7.0% cap · market cap 7.58%
Second Best
Mixed Use
$310.6K
$271.8K – $362.3K (±1% cap)
NOI $21,740 @ 7.0% cap · market cap 6.21%
Theoretical Best
Multifamily LT 5
$446.1K
$390.4K – $520.5K (±1% cap)
NOI $31,229 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

CnC Philadelphia Commercial ... Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Dental Office Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,008
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 23% Apparel 9% Electronics 2%
McDonald's Dining
22,600 visits/mo 0.3 miles
McDonald's Dining
22,065 visits/mo 0.5 miles
Dunkin' Donuts Dining
11,353 visits/mo 0.5 miles
Family Dollar Shops & Services
6,477 visits/mo 0.1 miles
Rainbow Apparel
4,913 visits/mo 0.2 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

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A three-bedroom residence sits above an operating convenience store with evening and nighttime hours.
Where is this mixed-use property located?
The property is located at 148 N 52ND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑use property with a convenience store and a three‑bedroom apartment; 1,830 square feet of building area; Upper‑level apartment includes a kitchen and full bath
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