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First-Floor Retail Suite
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2554 N 33RD STREET, Philadelphia, PA 19132

The commercial suite has previously housed a daycare operation.

Property Size1,000 SF
Price / SF$1.70
Days on Market5

Property Features for 2554 N 33RD STREET

General Information

Standard status Active
Size 1,000 SF
Property subtype Commercial

Site & Location

Neighborhood North Philadelphia

Building Details

Year Built 1915
Listing Agency: KW Empower
Listed By: Torri J Green · License #RS331675
Source: Cummingsrealtors
Added: Oct 27 Changed: Oct 30 Last Checked: Oct 30 at 2:53PM

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 KW Empower

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Investment Insights

Based on property information with market context.

This 1,000 sq ft retail space occupies the first floor of a building constructed in 1915. Its most recent reported use was as a daycare.

Key Highlights

  • 1,000 sq ft of commercial space
  • Located on the first floor
  • Most recently leased for daycare use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,302
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040 $226.0K
Cap Rate 7%
$161,457 $161.5K
Cap Rate 9%
$125,578 $125.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$18.0K $18.00/SF
− Vacancy
−$1.9K −$1.85/SF
EGI
$16.1K $16.15/SF
− OpEx
−$4.8K −$4.84/SF
NOI
$11.3K $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%
$226,040
Cap Rate 7%
$161,457
Cap Rate 9%
$125,578

Alternative Uses

Best Use
Retail
$161.5K
$141.3K – $188.4K (±1% cap)
NOI $11,302 @ 7.0% cap · market cap 664.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$243.8K
$213.3K – $284.4K (±1% cap)
NOI $17,065 @ 7.0% cap · market cap 1,003.82%
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

Lasting Impression Christian ... High School

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 54% Dining 40% Electronics 6%
Save-A-Lot Groceries
10,220 visits/mo 0.5 miles
KFC Dining
7,611 visits/mo 0.5 miles
Metro by T-Mobile Electronics
1,160 visits/mo 0.5 miles

Demographics for 19132, PA

33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The commercial suite has previously housed a daycare operation.
Where is this retail space located?
The property is located at 2554 N 33RD STREET Philadelphia, PA.
What are key features of this property?
This property features: 1,000 sq ft of commercial space; Located on the first floor; Most recently leased for daycare use
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Includes: Price & PSF · Cap rate · Location · Zoning

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