Vacant Mixed-Use
New
For Sale
$335,000
1808 W SUSQUEHANNA AVENUE, Philadelphia, PA 19121
The property combines a bi-level white-box commercial area with two full-floor residences.
Property Size2,466 SF
Days on Market4
Property Features for 1808 W SUSQUEHANNA AVENUE
General Information
Standard status
Active
Size
2,466 SF
Property subtype
Triplex
Taxes and HOA fees
Annual Taxes
$2,753
Building Details
Building Size
2,466 SF
Year Built
1915
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
EXP Realty, LLC
(484) 429-6025
Listed By:
Guillermo Salas III · License #AB067011
(484) 429-6025
Source:
Lizclarkrealestate
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 3 at 10:54AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1915, this mixed-use triplex contains a bi-level white-box commercial space on the first floor and one residential unit on each of the upper floors. The commercial area is an open shell, while the second- and third-floor residences each occupy a full floor and include two bedrooms and two bathrooms. The building is vacant, allowing improvements and leasing activity to proceed without existing tenant disruption.
Located at 1808 W Susquehanna Avenue in Philadelphia, the property is situated near Temple University's Main Campus. Its combination of ground-floor commercial space and two residential units creates a clearly defined mixed-use configuration within a three-story building.
Located at 1808 W Susquehanna Avenue in Philadelphia, the property is situated near Temple University's Main Campus. Its combination of ground-floor commercial space and two residential units creates a clearly defined mixed-use configuration within a three-story building.
Key Highlights
- Bi‑level white‑box commercial space on the first floor
- Two full‑floor residential units, each with 2 bedrooms and 2 bathrooms
- Vacant building supports renovation and lease‑up without tenant disruption
Financial Insights For Mixed Use
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 | $53.3k | $21.60 |
| − Vacancy | −$6.4k | −$2.59 |
| EGI | $46.9k | $19.01 |
| − OpEx | −$17.6k | −$7.13 |
| NOI | $29.3k | $11.88 |
2,466 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Multifamily LT 5
$601.2K
$526.0K – $701.4K
NOI $42,082 @ 7.0% cap · market cap 12.56%
Second Best
Apartment 5plus
$554.1K
$484.9K – $646.5K
NOI $38,789 @ 7.0% cap · market cap 11.58%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,049
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a bi-level white-box commercial area with two full-floor residences.
Where is this mixed-use property located?
The property is located at 1808 W SUSQUEHANNA AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Bi‑level white‑box commercial space on the first floor; Two full‑floor residential units, each with 2 bedrooms and 2 bathrooms; Vacant building supports renovation and lease‑up without tenant disruption
