Corner Mixed-Use
For Sale
$425,000
1549 S 19TH STREET, Philadelphia, PA 19146
Two-level layout combines commercial space with a two-bedroom apartment and residential outdoor space.
Property Size2,020 SF
Price / SF$210.40
Days on Market61
Property Features for 1549 S 19TH STREET
General Information
Standard status
Active
Size
2,020 SF
Property subtype
Commercial
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Additional Details
Corner Location
Yes
Amenities
tin ceiling
deck
Building Details
Year Built
1925
Buildings
1
Listing Agency:
Alpha Realty Group
(215) 463-0777
Listed By:
Grace G DeGregorio · License #RS278275
(215) 460-5147
Source:
Cummingsrealtors
Added: Aug 15
Changed: Oct 13
Last Checked: Oct 12 at 7:07PM
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 Alpha Realty Group
Investment Insights
Based on property information with market context.
Built in 1925, this 2,020-square-foot corner property combines ground-floor commercial space with a second-floor apartment. The commercial level includes multiple rooms, a tin ceiling, 1/2 bath, basement access, and two large refrigerators. It was previously used as a flower shop.
The upper level provides a two-bedroom apartment with an open living room and kitchen arrangement, a full bath, and a deck. Both bedrooms have been freshly painted and receive abundant natural light. The property is located at 1549 S 19TH STREET in Philadelphia, Pennsylvania 19146.
The upper level provides a two-bedroom apartment with an open living room and kitchen arrangement, a full bath, and a deck. Both bedrooms have been freshly painted and receive abundant natural light. The property is located at 1549 S 19TH STREET in Philadelphia, Pennsylvania 19146.
Key Highlights
- 2,020‑square‑foot mixed‑use property built in 1925
- Ground‑floor commercial space with multiple rooms and tin ceiling
- Commercial level includes 1/2 bath, basement access, and 2 large refrigerators
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,998
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,960
$480.0K
Cap Rate 7%
$342,829
$342.8K
Cap Rate 9%
$266,644
$266.6K
Market Conditions
NOI Build-Up for 2,020 SF
Gross rent
$43.6K $21.60/SF
− Vacancy
−$5.2K −$2.59/SF
EGI
$38.4K $19.01/SF
− OpEx
−$14.4K −$7.13/SF
NOI
$24.0K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,960
Cap Rate 7%
$342,829
Cap Rate 9%
$266,644
Alternative Uses
Best Use
Mixed Use
$342.8K
$300.0K – $400.0K
NOI $23,998 @ 7.0% cap · market cap 5.65%
Second Best
Retail
$326.1K
$285.4K – $380.5K
NOI $22,830 @ 7.0% cap · market cap 5.37%
Theoretical Best
Multifamily LT 5
$492.4K
$430.9K – $574.5K
NOI $34,471 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,331
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Groceries 9%
Electronics 6%
Apparel 4%
AutoZone
Shops & Services
7,588 visits/mo
0.5 miles
Sunoco
Shops & Services
4,488 visits/mo
0.5 miles
Fulton Bank
Shops & Services
2,663 visits/mo
0.4 miles
Fine Wine & Good Spirits
Groceries
1,591 visits/mo
0.3 miles
Boost Mobile
Electronics
1,188 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level layout combines commercial space with a two-bedroom apartment and residential outdoor space.
Where is this mixed-use property located?
The property is located at 1549 S 19TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,020‑square‑foot mixed‑use property built in 1925; Ground‑floor commercial space with multiple rooms and tin ceiling; Commercial level includes 1/2 bath, basement access, and 2 large refrigerators
