Retail Storefront For
1555 S Newkirk St Philadelphia, PA 19146
1555 S Newkirk St, Philadelphia, PA, 19146
$268,000
For Sale
$268,000
For sale retail storefront property on S Newkirk St in Philadelphia, listed with a reported size of 1,504.
Property Size1,504 SF
Price / SF$178.19
Days on Market65
Property Features for 1555 S Newkirk St
General Information
- Standard status
- Active
- Size
- 1,504 SF
Building Details
- Year Built
- 1920
Listing agency
(267) 528-9965
Listed by
XIAO DAN LAN
(267) 528-9965
Source
Evrealestate
Added: May 19 Updated: Jul 22 at 8:17AM Checked: Jul 22 at 8:17AM
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 XIAO DAN LAN
Investment Insights
Based on property information with market context.
This for-sale retail storefront property is located at 1555 S Newkirk St in Philadelphia, PA 19146. The listing is presented as a retail space and includes a reported property size of 1,504.
The directions provided in the listing reference 1555 S Kewkirk. The offering is categorized under grocery and convenience stores, storefront properties, and retail properties & spaces.
For additional details on the building configuration, condition, or income potential, refer to the listing materials or request a showing.
The directions provided in the listing reference 1555 S Kewkirk. The offering is categorized under grocery and convenience stores, storefront properties, and retail properties & spaces.
For additional details on the building configuration, condition, or income potential, refer to the listing materials or request a showing.
Key Highlights
- Retail storefront property on S Newkirk St in Philadelphia, listed with 1,504 sq ft
- Heating: natural gas
- Cooling: window unit(s)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $21.00 |
| − Vacancy | −$2.5k | −$1.68 |
| EGI | $29.1k | $19.32 |
| − OpEx | −$7.3k | −$4.83 |
| NOI | $21.8k | $14.49 |
1,504 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$311.3K
$272.4K – $363.2K
NOI $21,793 @ 7.0% cap · market cap 8.13%
Second Best
Retail
$242.8K
$212.5K – $283.3K
NOI $16,999 @ 7.0% cap · market cap 6.34%
Theoretical Best
Multifamily LT 5
$366.7K
$320.8K – $427.8K
NOI $25,666 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Newkirk Grocery
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- Snyder Super Market — 2700 Snyder Ave, Philadelphia, PA 19145
- 8 Brothers Super Market — 2639 Tasker St, Philadelphia, PA 19145
- Pet food pantrey — 2117 S 23rd St, Philadelphia, PA 19145
FAQs
What type of property is this?
Grocery and convenience store - For sale retail storefront property on S Newkirk St in Philadelphia, listed with a reported size of 1,504.
Where is this grocery and convenience store located?
The property is located at 1555 S Newkirk St Philadelphia, PA.
What is the asking price?
The asking price for this property is $268,000.
What are key features of this property?
This property features: Retail storefront property on S Newkirk St in Philadelphia, listed with 1,504 sq ft; Heating: natural gas; Cooling: window unit(s)
