C-2 Mixed-Use Property with
For Sale
$499,000
1825 S 19TH STREET, Philadelphia, PA 19145
Three-level building combines a grocery store with renovated two-bedroom residential units and separate electrical metering.
Property Size2,350 SF
Days on Market511
Property Features for 1825 S 19TH STREET
General Information
Standard status
Active
Size
2,350 SF
Property subtype
MixedUse
Zoning
c2
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,300
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,397
Amenities
central air
laundry
wood flooring
storage
Building Details
Building Size
2,350 SF
Year Built
1920
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
GE21 Realty
Listed By:
Xia Zhao · License #AB067107
(267) 210-8523
Source:
Patmckennarealtors
Added: May 28, 2025
Changed: Oct 15
Last Checked: Oct 19 at 3:37PM
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 GE21 Realty
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Investment Insights
Based on property information with market context.
This three-level mixed-use building includes a grocery store on the first floor and two two-bedroom apartments above. The residential units have been renovated with central air, laundry facilities, and wood flooring. A full basement provides additional building space, while a rear garage has been converted to storage. Separate electrical meters serve the property, and the apartments use electric service.
The retail component is subject to a one-year NNN lease with four years of options. The two apartments are leased through May and June 2027, respectively. Located at 1825 S 19th St in Philadelphia, the property carries C-2 zoning and was built in 1920.
The retail component is subject to a one-year NNN lease with four years of options. The two apartments are leased through May and June 2027, respectively. Located at 1825 S 19th St in Philadelphia, the property carries C-2 zoning and was built in 1920.
Key Highlights
- C‑2‑zoned mixed‑use building with first‑floor grocery store and two upper‑level apartments
- Two 2‑bedroom apartments with central air, laundry, and wood flooring
- Retail lease includes a one‑year NNN term with four years of options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,964
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,280
$739.3K
Cap Rate 7%
$528,057
$528.1K
Cap Rate 9%
$410,711
$410.7K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$71.3K $30.36/SF
− Vacancy
−$4.1K −$1.76/SF
EGI
$67.2K $28.60/SF
− OpEx
−$30.2K −$12.87/SF
NOI
$37.0K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,280
Cap Rate 7%
$528,057
Cap Rate 9%
$410,711
Alternative Uses
Best Use
Apartment 5plus
$528.1K
$462.1K – $616.1K
NOI $36,964 @ 7.0% cap · market cap 7.41%
Second Best
Specialty Retail
$486.5K
$425.7K – $567.5K
NOI $34,052 @ 7.0% cap · market cap 6.82%
Theoretical Best
Multifamily LT 5
$572.9K
$501.3K – $668.4K
NOI $40,103 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,980
Businesses Nearby
Explore this area
Business Placement
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-level building combines a grocery store with renovated two-bedroom residential units and separate electrical metering.
Where is this mixed-use property located?
The property is located at 1825 S 19TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: C‑2‑zoned mixed‑use building with first‑floor grocery store and two upper‑level apartments; Two 2‑bedroom apartments with central air, laundry, and wood flooring; Retail lease includes a one‑year NNN term with four years of options
