Corner Office Space with Dual
For Sale
Contact for pricing
1543 DICKINSON STREET, Philadelphia, PA 19146
CMX-1 zoned corner office space with windows on both sides, roll-down gates, half bath, and storage.
Property Size1,000 SF
Price / SF$1.05
Days on Market96
Property Features for 1543 DICKINSON STREET
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Zoning
CMX-1
Site & Location
Neighborhood
South Philadelphia
Corner Location
Yes
Amenities
roll down gates
half bath
storage area/coat closet
Building Details
Year Built
1940
Listing Agency:
Rogues Real Estate
Listed By:
Judith Conte · License #RM424168
(215) 337-3435
Source:
Cummingsrealtors
Added: Jul 27
Changed: Oct 29
Last Checked: Oct 28 at 7:21AM
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 Rogues Real Estate
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Investment Insights
Based on property information with market context.
1543 Dickinson Street, Philadelphia, PA 19146 offers a light-filled office unit configured as an ideal corner space with windows on both sides. The space includes roll-down gates, a half bath, and a small storage area/coat closet.
CMX-1 zoning supports flexibility for a variety of business uses. Prior uses include a hair salon, nail salon, retail, office space, and an after school program center. The space can also be used as a group daycare (12 or less children).
Built in 1940, the space is approximately 1,000 SF and designed to work for businesses that value daylighted, dual-window exposure and practical enclosed access via the roll-down gates.
CMX-1 zoning supports flexibility for a variety of business uses. Prior uses include a hair salon, nail salon, retail, office space, and an after school program center. The space can also be used as a group daycare (12 or less children).
Built in 1940, the space is approximately 1,000 SF and designed to work for businesses that value daylighted, dual-window exposure and practical enclosed access via the roll-down gates.
Key Highlights
- CMX‑1 zoning for flexible business use
- Corner office layout with windows on both sides
- Roll‑down gates for enclosed, controlled access
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
Office B
$188.0K
$164.5K – $219.3K
NOI $13,160 @ 7.0% cap · market cap 1,253.33%
Second Best
Retail
$161.5K
$141.3K – $188.4K
NOI $11,302 @ 7.0% cap · market cap 1,076.38%
Theoretical Best
Multifamily LT 5
$243.8K
$213.3K – $284.4K
NOI $17,065 @ 7.0% cap · market cap 1,625.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,624
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Office unit - CMX-1 zoned corner office space with windows on both sides, roll-down gates, half bath, and storage.
Where is this office unit located?
The property is located at 1543 DICKINSON STREET Philadelphia, PA.
What are key features of this property?
This property features: CMX‑1 zoning for flexible business use; Corner office layout with windows on both sides; Roll‑down gates for enclosed, controlled access
