Mixed-Use Store with
2273 E CLEARFIELD STREET, Philadelphia, PA 19134
For Sale
$500,000
A three-bedroom upper-level residence is paired with a ground-floor convenience store.
Property Size1,994 SF
Price / SF$250.75
Days on Market266
Property Features for 2273 E CLEARFIELD STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Mixed-Use Components
Additional Details
Business Included
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
A Plus Realtors LLC
Listed By:
Kelly W Zheng · License #RM423341
(267) 888-1800
Source:
Wagnerrealestate
Added: Feb 17
Changed: Nov 8
Last Checked: Nov 8 at 2:14PM
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 A Plus Realtors LLC
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Investment Insights
Based on property information with market context.
The building brings together a ground-floor convenience store and a three-bedroom apartment on the second floor. The residence has oak kitchen cabinets, newly installed vinyl plank flooring, and generous closet storage. The commercial and residential spaces occupy separate levels of the same property.
Key Highlights
- Convenience store and three‑bedroom apartment in one building
- Second‑floor apartment has newly installed vinyl plank flooring
- Oak kitchen cabinets and ample closet storage in the apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,893
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,860
$577.9K
Cap Rate 7%
$412,757
$412.8K
Cap Rate 9%
$321,033
$321.0K
Market Conditions
NOI Build-Up for 1,994 SF
Gross rent
$41.9K $21.00/SF
− Vacancy
−$3.3K −$1.68/SF
EGI
$38.5K $19.32/SF
− OpEx
−$9.6K −$4.83/SF
NOI
$28.9K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,860
Cap Rate 7%
$412,757
Cap Rate 9%
$321,033
Alternative Uses
Best Use
Specialty Retail
$412.8K
$361.2K – $481.6K
NOI $28,893 @ 7.0% cap · market cap 5.78%
Second Best
Mixed Use
$338.4K
$296.1K – $394.8K
NOI $23,689 @ 7.0% cap · market cap 4.74%
Theoretical Best
Multifamily LT 5
$486.1K
$425.3K – $567.1K
NOI $34,027 @ 7.0% cap · market cap 6.81%
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,454
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Dining 9%
Electronics 7%
AutoZone
Shops & Services
13,511 visits/mo
0.5 miles
Sunoco
Shops & Services
11,637 visits/mo
0.5 miles
Sunoco
Shops & Services
9,282 visits/mo
0.2 miles
Wells Fargo
Shops & Services
5,981 visits/mo
0.5 miles
Dollar Tree
Shops & Services
5,786 visits/mo
0.2 miles
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
$127,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A three-bedroom upper-level residence is paired with a ground-floor convenience store.
Where is this mixed-use property located?
The property is located at 2273 E CLEARFIELD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Convenience store and three‑bedroom apartment in one building; Second‑floor apartment has newly installed vinyl plank flooring; Oak kitchen cabinets and ample closet storage in the apartment
