Creative Space with Glass
For Sale
Contact for pricing
1849 E VENANGO STREET #14, Philadelphia, PA 19134
A compact suite in a multi-business building includes access to a shared restroom.
Property Size200 SF
Price / SF$3
Days on Market9
Property Features for 1849 E VENANGO STREET #14
General Information
Standard status
Active
Size
200 SF
Property subtype
Commercial
Amenities
shared common-area restroom
Building Details
Year Built
1940
Abandoned
No
Listing Agency:
Engel & Volkers
(215) 383-3303
Listed By:
Logan Rothman · License #RS373523
(215) 834-5963
Source:
Cummingsrealtors
Added: Oct 9
Changed: Oct 16
Last Checked: Oct 16 at 8:44AM
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 Engel & Volkers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This creative space offers approximately 200 square feet within a commercial building completed in 1940. Interior features include wood-style flooring, recessed lighting, glass partitions, and exposed brick. The building has a central hallway serving multiple business suites, along with a shared restroom.
Key Highlights
- Approximately 200 square feet of commercial space
- Glass partitions, exposed brick, and wood‑style flooring
- Recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,632
Suggested Prices Based on Cap Rates
Cap Rate 5%
$52,640
$52.6K
Cap Rate 7%
$37,600
$37.6K
Cap Rate 9%
$29,244
$29.2K
Market Conditions
NOI Build-Up for 200 SF
Gross rent
$4.4K $21.96/SF
− Vacancy
−$883 −$4.41/SF
EGI
$3.5K $17.55/SF
− OpEx
−$877 −$4.39/SF
NOI
$2.6K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$52,640
Cap Rate 7%
$37,600
Cap Rate 9%
$29,244
Alternative Uses
Best Use
Office B
$37.6K
$32.9K – $43.9K
NOI $2,632 @ 7.0% cap · market cap 438.67%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$48.8K
$42.7K – $56.9K
NOI $3,413 @ 7.0% cap · market cap 568.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,768
Businesses Nearby
Explore this area
Business Placement
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Creative space - A compact suite in a multi-business building includes access to a shared restroom.
Where is this creative space located?
The property is located at 1849 E VENANGO STREET #14 Philadelphia, PA.
What are key features of this property?
This property features: Approximately 200 square feet of commercial space; Glass partitions, exposed brick, and wood‑style flooring; Recessed lighting
