2512 E Clearfield St, Philadelphia, PA
Retail space with redevelopment potential in vibrant Port Richmond.
- Added:
- Aug 28, 2025
- Days on Market:
- 288
- Last Refresh:
- May 20 at 9:39 pm
Property Features for 2512 E Clearfield St
General Information
- Standard status
- Active
- Size
- 14,403 SF
- Lot size
- 0.19 Acres
- Property subtype
- RETAIL
Listing agent Kenneth W. Mallin License #RS290724
Listing office MPN Realty, Inc. (215) 413-4900
Listing date Aug 28, 2025
Source Moodyscre
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 MPN Realty, Inc.
HighLights
- CMX 2 zoning allows for many retail uses.
- Building footprint of 8,550 sq ft and adjacent lot of 5,750 sq ft.
- Frontage on four streets: Clearfield, Gaul, Commissioner, and Miller Streets.
- 16 garages facing Gaul St can be redeveloped or used for parking/play area.
- Convenient highway access just off I‑95.
- Unique column‑free interior space (originally a theater).
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $259.3k | $18.00 |
| − Vacancy | −$26.7k | −$1.85 |
| EGI | $232.6k | $16.15 |
| − OpEx | −$69.8k | −$4.84 |
| NOI | $162.8k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1075
- Latitude
- 39.9853