Three-Level Mixed-Use
For Sale
$295,000
1525 W WYOMING AVE, Philadelphia, PA 19140
Restaurant space anchors the ground floor, with one-bedroom and two-bedroom apartments above.
Property Size1,760 SF
Price / SF$167.61
Days on Market78
Property Features for 1525 W WYOMING AVE
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Additional Details
Floor
1
Asking Price
$305,000
Equipment Included
Yes
Building Details
Stories
3
Listing Agency:
Giraldo Real Estate Group
(215) 745-0101
Listed By:
Giselle Lozada · License #RS380031
(215) 510-9769
Source:
Careyrealtygroup
Added: Aug 5
Changed: Oct 20
Last Checked: Oct 20 at 8:27PM
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 Giraldo Real Estate Group
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Investment Insights
Based on property information with market context.
Located at 1525 W Wyoming Ave in Philadelphia, this 1,760-square-foot mixed-use building combines a commercial restaurant component with two residential apartments. Constructed in 1930, the property is arranged across three levels, creating distinct commercial and residential spaces within one building.
The first floor contains an equipped restaurant space described as zoned and ready for use. A one-bedroom apartment occupies the second floor, while the third floor provides a two-bedroom apartment. This configuration places the restaurant and residential units under a single ownership structure at a Philadelphia address.
The first floor contains an equipped restaurant space described as zoned and ready for use. A one-bedroom apartment occupies the second floor, while the third floor provides a two-bedroom apartment. This configuration places the restaurant and residential units under a single ownership structure at a Philadelphia address.
Key Highlights
- 1,760‑square‑foot mixed‑use building at 1525 W Wyoming Ave, Philadelphia, PA 19140
- First‑floor restaurant space includes equipment and is described as zoned and ready
- Second‑floor 1‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,502
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,040
$510.0K
Cap Rate 7%
$364,314
$364.3K
Cap Rate 9%
$283,356
$283.4K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$37.0K $21.00/SF
− Vacancy
−$3.0K −$1.68/SF
EGI
$34.0K $19.32/SF
− OpEx
−$8.5K −$4.83/SF
NOI
$25.5K $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%
$510,040
Cap Rate 7%
$364,314
Cap Rate 9%
$283,356
Alternative Uses
Best Use
Apartment 5plus
$395.5K
$346.1K – $461.4K
NOI $27,684 @ 7.0% cap · market cap 9.38%
Second Best
Specialty Retail
$364.3K
$318.8K – $425.0K
NOI $25,502 @ 7.0% cap · market cap 8.64%
Theoretical Best
Multifamily LT 5
$429.1K
$375.4K – $500.6K
NOI $30,034 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,308
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant space anchors the ground floor, with one-bedroom and two-bedroom apartments above.
Where is this mixed-use property located?
The property is located at 1525 W WYOMING AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,760‑square‑foot mixed‑use building at 1525 W Wyoming Ave, Philadelphia, PA 19140; First‑floor restaurant space includes equipment and is described as zoned and ready; Second‑floor 1‑bedroom apartment
