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Mixed-Use Property with Deli
New
For Sale
$510,000

1741 S 5th St, Philadelphia, PA 19148

A deli business is included with the property.

Property Size2,025 SF
Price / SF$251.85
Days on Market7

Property Features for 1741 S 5th St

General Information

Standard status Active
Size 2,025 SF
Property subtype Residential Income

Additional Details

Business Included Yes
Corner Location Yes

Taxes and HOA fees

Annual Taxes $4,165
Listing Agency: BY Real Estate
Listed By: jinwei zheng · License #AB069171
Source: Exprealty
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 12 at 10:54PM

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 BY Real Estate

Investment Insights

Based on property information with market context.

At 1741 S 5th St in Philadelphia, this corner property is classified as mixed-use. The sale includes a deli business, combining the business with the real estate in one offering.

Key Highlights

  • Corner property at 1741 S 5th St in Philadelphia
  • Deli business included in the sale

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,342
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,840 $586.8K
Cap Rate 7%
$419,171 $419.2K
Cap Rate 9%
$326,022 $326.0K
Market Conditions
NOI Build-Up for 2,025 SF
Gross rent
$42.5K $21.00/SF
− Vacancy
−$3.4K −$1.68/SF
EGI
$39.1K $19.32/SF
− OpEx
−$9.8K −$4.83/SF
NOI
$29.3K $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%
$586,840
Cap Rate 7%
$419,171
Cap Rate 9%
$326,022

Alternative Uses

Best Use
Specialty Retail
$419.2K
$366.8K – $489.0K (±1% cap)
NOI $29,342 @ 7.0% cap · market cap 5.75%
Second Best
Mixed Use
$343.7K
$300.7K – $401.0K (±1% cap)
NOI $24,057 @ 7.0% cap · market cap 4.72%
Theoretical Best
Multifamily LT 5
$493.7K
$432.0K – $575.9K (±1% cap)
NOI $34,556 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Leon Grocery Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Real Estate Agency Hotel & Motel Parking Lot & Garage Nursing Home (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,478
Businesses Nearby
226k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 47% Shops & Services 18% Groceries 15% Dining 14%
Target Superstores
105,271 visits/mo 0.4 miles
Wawa Shops & Services
38,950 visits/mo 0.4 miles
ACME Markets Groceries
34,436 visits/mo 0.5 miles
Burger King Dining
12,864 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,319 visits/mo 0.5 miles

Demographics for 19148, PA

53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A deli business is included with the property.
Where is this mixed-use property located?
The property is located at 1741 S 5th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Corner property at 1741 S 5th St in Philadelphia; Deli business included in the sale
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