Freestanding Storefront
2040 NAPFLE AVENUE, Philadelphia, PA 19152
For Sale
$1,100,000
Commercial Sale, PHILADELPHIA, PA
Property Size5,000 SF
Lot Size0.53 Acres
Price / SF$220
Days on Market184
Property Features for 2040 NAPFLE AVENUE
General Information
Property type
Property subtype
Parking
Parking features
Elementary school district
Middle school district
High school district
Standard status
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Building materials
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Veronica Gintel Blum · License PA RS290724
(215) 413-4900
Added: May 13
Changed: Oct 20
Last Checked: Nov 12 at 7:06PM
MLS# PAPH2621228
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Freestanding single-story commercial building constructed in 1960 on a 0.53-acre triangular parcel. Brick construction, at-grade access, and an on-site parking lot support a range of storefront, service, medical, retail, or automotive uses identified for the property. The parcel’s shape allows for multiple access points and flexible parking configurations.
The building fronts both Napfle Avenue and Glendale Avenue at a five-point intersection in Northeast Philadelphia. It is directly adjacent to a McDonald's and positioned just off the area’s primary commercial corridors, combining exposure at a prominent intersection with access away from the congestion of the main thoroughfares.
The building fronts both Napfle Avenue and Glendale Avenue at a five-point intersection in Northeast Philadelphia. It is directly adjacent to a McDonald's and positioned just off the area’s primary commercial corridors, combining exposure at a prominent intersection with access away from the congestion of the main thoroughfares.
Key Highlights
- 5,000 SF single‑story commercial building
- 0.53‑acre triangular parcel with frontage on Napfle and Glendale Avenues
- At‑grade construction supports drive‑in access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,511
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,130,220
$1.1M
Cap Rate 7%
$807,300
$807.3K
Cap Rate 9%
$627,900
$627.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$90.0K $18.00/SF
− Vacancy
−$9.3K −$1.85/SF
EGI
$80.7K $16.15/SF
− OpEx
−$24.2K −$4.84/SF
NOI
$56.5K $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%
$1,130,220
Cap Rate 7%
$807,300
Cap Rate 9%
$627,900
Alternative Uses
Best Use
Retail
$807.3K
$706.4K – $941.9K
NOI $56,511 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,324 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,480
Businesses Nearby
320k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 38%
Groceries 27%
Dining 24%
Shops & Services 8%
Target
Superstores
122,938 visits/mo
0.4 miles
ACME Markets
Groceries
51,213 visits/mo
0.4 miles
Aldi
Groceries
34,394 visits/mo
0.5 miles
McDonald's
Dining
23,946 visits/mo
0.1 miles
Taco Bell
Dining
21,599 visits/mo
0.4 miles
Demographics for 19152, PA
35,911
Population
13,715
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
12,383
Density / Sq Mi
$57,966
Median Household Income
$40,428
Median Earnings
$1,236
Median Rent
$270,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Philadelphia, PA
Properties on Market for Storefront properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
- Deivisson Machado Florist — 7601 Castor Ave, Philadelphia, PA 19152
Frequently Asked Questions
What type of property is this?
Storefront property - Single-story brick commercial building with a parking lot and access from two avenues.
Where is this storefront property located?
The property is located at 2040 NAPFLE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,000 SF single‑story commercial building; 0.53‑acre triangular parcel with frontage on Napfle and Glendale Avenues; At‑grade construction supports drive‑in access
