Mixed-Use Building with
For Sale
$245,900
2100 S LAMBERT STREET, Philadelphia, PA 19145
Fully occupied mixed-use building with first-floor retail space and a second-floor residential apartment.
Property Size1,536 SF
Days on Market140
Property Features for 2100 S LAMBERT STREET
General Information
Standard status
Active
Size
1,536 SF
Property subtype
MixedUse
Taxes and HOA fees
Annual Taxes
$2,358
Building Details
Building Size
1,536 SF
Year Built
1920
Listing Agency:
JG Real Estate LLC
Listed By:
Ariel L Morgenstein · License #AB067988
(215) 467-4100
Source:
Patmckennarealtors
Added: May 30
Changed: Oct 9
Last Checked: Oct 16 at 5:53PM
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 JG Real Estate LLC
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Investment Insights
Based on property information with market context.
This fully occupied mixed-use building includes a first-floor commercial space with large windows and an open-concept layout designed for flexible setup. The space also features a half bathroom in the rear and provides access to an unfinished basement.
The second-floor residential apartment includes hardwood floors, recessed lighting, and in-unit laundry.
Located in the West Passyunk area of South Philadelphia, the property is described as walkable to local neighborhood destinations, with public transit nearby. The remarks note an 11-minute walk to the Snyder Subway Station on the Broad Street Line and nearby SEPTA bus routes, along with quick access to I-76.
The second-floor residential apartment includes hardwood floors, recessed lighting, and in-unit laundry.
Located in the West Passyunk area of South Philadelphia, the property is described as walkable to local neighborhood destinations, with public transit nearby. The remarks note an 11-minute walk to the Snyder Subway Station on the Broad Street Line and nearby SEPTA bus routes, along with quick access to I-76.
Key Highlights
- Fully occupied mixed‑use building with first‑floor commercial space and a second‑floor residential apartment
- First‑floor retail features large windows and an open‑concept layout with half bathroom, storage, and access to the unfinished basement
- Second‑floor apartment includes hardwood floors, recessed lighting, and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,248
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,960
$365.0K
Cap Rate 7%
$260,686
$260.7K
Cap Rate 9%
$202,756
$202.8K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$33.2K $21.60/SF
− Vacancy
−$4.0K −$2.59/SF
EGI
$29.2K $19.01/SF
− OpEx
−$10.9K −$7.13/SF
NOI
$18.2K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,960
Cap Rate 7%
$260,686
Cap Rate 9%
$202,756
Alternative Uses
Best Use
Apartment 5plus
$345.2K
$302.0K – $402.7K
NOI $24,161 @ 7.0% cap · market cap 9.83%
Second Best
Mixed Use
$260.7K
$228.1K – $304.1K
NOI $18,248 @ 7.0% cap · market cap 7.42%
Theoretical Best
Multifamily LT 5
$374.5K
$327.7K – $436.9K
NOI $26,212 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,208
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Apparel 45%
Dining 5%
Home Improvements & Furnishings 1%
Ross Dress for Less
Apparel
27,736 visits/mo
0.5 miles
7-Eleven
Shops & Services
9,595 visits/mo
0.4 miles
Conoco
Shops & Services
9,338 visits/mo
0.3 miles
Dollar General
Shops & Services
4,623 visits/mo
0.3 miles
Sunoco
Shops & Services
4,488 visits/mo
0.3 miles
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
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?
Mixed-use property - Fully occupied mixed-use building with first-floor retail space and a second-floor residential apartment.
Where is this mixed-use property located?
The property is located at 2100 S LAMBERT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $245,900.
What are key features of this property?
This property features: Fully occupied mixed‑use building with first‑floor commercial space and a second‑floor residential apartment; First‑floor retail features large windows and an open‑concept layout with half bathroom, storage, and access to the unfinished basement; Second‑floor apartment includes hardwood floors, recessed lighting, and in‑unit laundry
