First-Floor Medical Office
2000 Grant Avenue Unit 101 Philadelphia, PA 19115
2000 Grant Avenue Unit 101, Philadelphia, PA, 19115
$1,999,000
For Sale
$1,999,000
Single medical suite on the first floor with surgical offices and prep rooms.
Property Size6,465 SF
Price / SF$309.20
Days on Market188
Property Features for 2000 Grant Avenue Unit 101
General Information
- Standard status
- Active
- Size
- 6,465 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2010
Listing Agency
Long & Foster Real Estate,Inc.
Listed by
Francis J Emig
Source
Deepcreeklake
Added: Jan 11 Checked: Jul 17 at 11:12 am
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 Long & Foster Real Estate,Inc.
Investment Insights
Based on property information with market context.
This offering is an existing single medical unit located on the first floor of an established Surgical Center. The suite is configured with existing surgical offices, prep rooms, and miscellaneous related interior medical furniture and equipment, allowing an immediate foundation for healthcare operations.
Situated in a densely populated area, the property benefits from visibility and day-to-day traffic generated by surrounding residential and commercial activity. The unit’s placement within the Surgical Center provides continuity of a dedicated healthcare setting.
For buyers or tenants seeking a turn-key starting point for a medical practice, the current interior layout supports both patient-facing spaces and back-of-house prep needs. The presence of existing offices and prep rooms can reduce early buildout work compared with a raw space. The unit is offered for sale or lease, providing flexibility for organizations planning new space within an operational medical environment.
Situated in a densely populated area, the property benefits from visibility and day-to-day traffic generated by surrounding residential and commercial activity. The unit’s placement within the Surgical Center provides continuity of a dedicated healthcare setting.
For buyers or tenants seeking a turn-key starting point for a medical practice, the current interior layout supports both patient-facing spaces and back-of-house prep needs. The presence of existing offices and prep rooms can reduce early buildout work compared with a raw space. The unit is offered for sale or lease, providing flexibility for organizations planning new space within an operational medical environment.
Key Highlights
- First‑floor single medical suite in the existing Surgical Center on Grant Avenue in Philadelphia, PA
- 6465 SF medical unit with existing surgical offices and prep rooms
- Includes related interior medical furniture and equipment
Local Financial Insights For Office B
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 | $142.0k | $21.96 |
| − Vacancy | −$28.5k | −$4.41 |
| EGI | $113.4k | $17.55 |
| − OpEx | −$28.4k | −$4.39 |
| NOI | $85.1k | $13.16 |
6,465 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.22M
$1.06M – $1.42M
NOI $85,076 @ 7.0% cap · market cap 4.26%
Second Best
Healthcare Medical
$1.20M
$1.05M – $1.40M
NOI $83,786 @ 7.0% cap · market cap 4.19%
Theoretical Best
Multifamily LT 5
$1.58M
$1.38M – $1.84M
NOI $110,325 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mark L. Bierhoff, ...
Physician
Community Options Philadelphia ...
Charitable Organization
Tehilla Apfel, MD
Physician
Hanisha Manickavasagan
Physician
Berenson Zoya MD
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Boulevard Animal Hospital — 1913 Grant Ave, Philadelphia, PA 19115
- Petco Vaccination Clinic — 9717 Roosevelt Blvd, Philadelphia, PA 19114
FAQs
What type of property is this?
Medical Office Space - Single medical suite on the first floor with surgical offices and prep rooms.
Where is this medical office space located?
The property is located at 2000 Grant Avenue Unit 101 Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: First‑floor single medical suite in the existing Surgical Center on Grant Avenue in Philadelphia, PA; 6465 SF medical unit with existing surgical offices and prep rooms; Includes related interior medical furniture and equipment
