Ground-Floor Retail
For Sale
Contact for pricing
2033 E LEHIGH AVENUE, Philadelphia, PA 19125
New-construction setting with storefront windows, on-site parking, and CMX-2 zoning.
Property Size1,378 SF
Price / SF$1.78
Days on Market48
Property Features for 2033 E LEHIGH AVENUE
General Information
Standard status
Active
Size
1,378 SF
Property subtype
Commercial
Site & Location
Neighborhood
Kensington
Building Details
Year Built
2021
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Alexandra Charen · License #RS351522
(215) 584-2672
Source:
Cummingsrealtors
Added: Sep 15
Changed: Oct 31
Last Checked: Nov 1 at 5:29AM
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 Mallin Panchelli Nadel Realty Inc
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Investment Insights
Based on property information with market context.
This 1,378 SF ground-floor retail space is located within a 2021-built complex that includes 71 residential units. Large storefront glazing brings natural light into the premises, while the on-site parking lot adds practical convenience for occupants and visitors. The space is suited to a range of service-oriented commercial applications, including fitness, childcare, pet services, community services, and office use. CMX-2 zoning supports its commercial positioning within the complex.
Located at 2033 E Lehigh Avenue in Philadelphia, the property combines a dedicated retail component with a residential setting. Its street-level configuration and storefront exposure provide a straightforward format for customer-facing operations.
Located at 2033 E Lehigh Avenue in Philadelphia, the property combines a dedicated retail component with a residential setting. Its street-level configuration and storefront exposure provide a straightforward format for customer-facing operations.
Key Highlights
- 1,378 SF of ground‑floor retail space
- Large storefront windows provide natural light
- Part of a 2021‑built complex with 71 residential units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,574
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,480
$311.5K
Cap Rate 7%
$222,486
$222.5K
Cap Rate 9%
$173,044
$173.0K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$24.8K $18.00/SF
− Vacancy
−$2.6K −$1.85/SF
EGI
$22.2K $16.15/SF
− OpEx
−$6.7K −$4.84/SF
NOI
$15.6K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,480
Cap Rate 7%
$222,486
Cap Rate 9%
$173,044
Alternative Uses
Best Use
Retail
$222.5K
$194.7K – $259.6K
NOI $15,574 @ 7.0% cap · market cap 635.67%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$335.9K
$293.9K – $391.9K
NOI $23,515 @ 7.0% cap · market cap 959.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,202
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Groceries 21%
Dining 2%
Sunoco
Shops & Services
13,336 visits/mo
0.1 miles
Sunoco
Shops & Services
11,637 visits/mo
0.3 miles
Save-A-Lot
Groceries
7,621 visits/mo
0.2 miles
Us Gas
Shops & Services
2,251 visits/mo
0.1 miles
U-Haul Moving & Storage Of North Philadelphia
Shops & Services
1,540 visits/mo
0.4 miles
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - New-construction setting with storefront windows, on-site parking, and CMX-2 zoning.
Where is this retail space located?
The property is located at 2033 E LEHIGH AVENUE Philadelphia, PA.
What are key features of this property?
This property features: 1,378 SF of ground‑floor retail space; Large storefront windows provide natural light; Part of a 2021‑built complex with 71 residential units
