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Mixed-Use Property with Deli
New
For Sale
$280,000

2600 S 6TH STREET, Philadelphia, PA 19148

Two-level commercial and residential layout combines a deli operation with an upstairs apartment under a month-to-month lease.

Property Size1,536 SF
Days on Market2

Property Features for 2600 S 6TH STREET

General Information

Standard status Active
Size 1,536 SF
Property subtype Duplex
Zoning CMXI

Additional Details

Floor Ground

Taxes and HOA fees

Annual Taxes $2,807

Building Details

Building Size 1,536 SF
Year Built 1920
Stories 2
Listing Agency: Philly LMG, LLC
Listed By: Sabina Palermo · License #RS345386
Source: Patmckennarealtors
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 4 at 3:06AM

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 Philly LMG, LLC

Investment Insights

Based on property information with market context.

Built in 1920, this CMXI-zoned mixed-use property combines commercial and residential components in a two-story configuration. The ground floor is occupied by a deli, while the upper level contains a two-bedroom, one-bathroom apartment. The apartment is leased month to month, providing an existing residential component alongside the street-level commercial use.

The current operation is compliant with city zoning. The property is located at 2600 S 6th Street in Philadelphia, Pennsylvania, within ZIP code 19148.

Key Highlights

  • CMXI‑zoned mixed‑use property
  • Ground‑floor deli operation
  • Second‑floor two‑bedroom, one‑bathroom apartment

Financial Insights For Apartment 5plus

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 $46.6k $30.36
− Vacancy −$2.7k −$1.76
EGI $43.9k $28.60
− OpEx −$19.8k −$12.87
NOI $24.2k $15.73
1,536 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$374.5K
$327.7K – $436.9K (±1% cap)
NOI $26,212 @ 7.0% cap · market cap 9.36%
Second Best
Apartment 5plus
$345.2K
$302.0K – $402.7K (±1% cap)
NOI $24,161 @ 7.0% cap · market cap 8.63%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Little Pete's Deli Food Market

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service HVAC Service Travel Agency Acupuncture

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

2,272
Businesses Nearby

Demographics for 19148, PA

53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA

Feb
$190 Mar
$206 Apr
$211 May
$206 Jun
$234 Jul

Properties on Market for Mixed-use properties in Philadelphia

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level commercial and residential layout combines a deli operation with an upstairs apartment under a month-to-month lease.
Where is this mixed-use property located?
The property is located at 2600 S 6TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: CMXI‑zoned mixed‑use property; Ground‑floor deli operation; Second‑floor two‑bedroom, one‑bathroom apartment
More about this property
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