Warehouse Mixed-Use
For Sale
Contact for pricing
2501 Oakford Street, Philadelphia, PA 19146
Redevelopment offers ground-floor retail with loft apartments overhead and preserved warehouse character under I-2 zoning.
Property Size6,000 SF
Price / SF$0.00
Days on Market128
Property Features for 2501 Oakford Street
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Converted Warehouse
Zoning
I-2
Lease Term
NNN
Site & Location
Neighborhood
South Philadelphia
Additional Details
Clear Height
10 ft
Multifamily Units
54
Properties For Sale
at 2501 Oakford Street
2501 Oakford Street
Size
6,000 SF
Type
Street Retail
Term
Negotiable
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Veronica Blum · License #RS290724
(267) 238-1728
Source:
Mpnrealty
Added: Jun 25
Changed: Oct 25
Last Checked: Oct 30 at 11:03AM
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 redevelopment features approximately 6,000+/- SF of converted, ~100-year-old warehouse space with ground floor/lower level commercial space and 54 loft apartment units above. The design retains original architectural character throughout, including a restored brick façade, large factory windows, structural wood beams, and glass storefront doors that bring in significant natural light. Ceilings are 10.5 feet. The building also includes direct access to a trash room and street parking.
The property sits on the northwest corner of 25th and Oakford streets with street frontage of 179 feet on Oakford Street and 57 feet on 25th Street. Zoning is I-2. Delivery is expected in Q2 2022 in a warm dark shell condition.
For investors and operators, the layout supports a true mixed-use concept: retail-ready street-level space paired with a substantial residential component overhead. Tenants benefit from the warehouse-era design elements and practical on-site circulation for daily service access via the trash room, while the storefront configuration and ceiling height can help accommodate a range of retail users seeking visibility from the street.
The property sits on the northwest corner of 25th and Oakford streets with street frontage of 179 feet on Oakford Street and 57 feet on 25th Street. Zoning is I-2. Delivery is expected in Q2 2022 in a warm dark shell condition.
For investors and operators, the layout supports a true mixed-use concept: retail-ready street-level space paired with a substantial residential component overhead. Tenants benefit from the warehouse-era design elements and practical on-site circulation for daily service access via the trash room, while the storefront configuration and ceiling height can help accommodate a range of retail users seeking visibility from the street.
Key Highlights
- 6,000 +/- SF converted ~100‑year‑old warehouse on the NW corner of 25th & Oakford streets
- Ground‑floor/lower level commercial space plus 54 loft apartment units above
- Preserved architectural features including restored brick facade, large factory windows, and structural wood beams
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,050
Suggested Prices Based on Cap Rates
Cap Rate 5%
$881,000
$881.0K
Cap Rate 7%
$629,286
$629.3K
Cap Rate 9%
$489,444
$489.4K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$68.4K $11.40/SF
− Vacancy
−$5.5K −$0.91/SF
EGI
$62.9K $10.49/SF
− OpEx
−$18.9K −$3.15/SF
NOI
$44.0K $7.34/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$881,000
Cap Rate 7%
$629,286
Cap Rate 9%
$489,444
Alternative Uses
Best Use
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,377 @ 7.0% cap · market cap 943,770.00%
Second Best
Retail
$968.8K
$847.7K – $1.13M
NOI $67,813 @ 7.0% cap · market cap 678,130.00%
Theoretical Best
Multifamily LT 5
$1.46M
$1.28M – $1.71M
NOI $102,389 @ 7.0% cap · market cap 1,023,890.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
10 ft
Clear height
54
Residential units
Location Intelligence
Trade Area within ½ mile
1,804
Businesses Nearby
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Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Apartment building - Redevelopment offers ground-floor retail with loft apartments overhead and preserved warehouse character under I-2 zoning.
Where is this apartment building located?
The property is located at 2501 Oakford Street Philadelphia, PA.
What are key features of this property?
This property features: 6,000 +/- SF converted ~100‑year‑old warehouse on the NW corner of 25th & Oakford streets; Ground‑floor/lower level commercial space plus 54 loft apartment units above; Preserved architectural features including restored brick facade, large factory windows, and structural wood beams
