Lower-Level Retail
For Sale
Contact for pricing
2816 COTTMAN AVENUE, Philadelphia, PA 19149
Lower-level commercial space with a private restroom and convenient transit access.
Property Size1,300 SF
Price / SF$1.15
Days on Market51
Property Features for 2816 COTTMAN AVENUE
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Commercial
Site & Location
Neighborhood
Northeast Philadelphia
Amenities
private restroom
Building Details
Year Built
1970
Listing Agency:
Bright Home Realty, LLC
(215) 613-7276
Listed By:
Hong Lin · License #RS325539
(267) 230-7159
Source:
Cummingsrealtors
Added: Sep 15
Changed: Nov 3
Last Checked: Nov 3 at 8:14AM
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 Bright Home Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This lower-level retail space offers approximately 1,300 square feet of commercial area along with a private restroom. The property was built in 1970 and is positioned at 2816 Cottman Avenue in Philadelphia.
The site is near the intersection of Roosevelt Boulevard (Route 1) and Cottman Avenue, with a bus stop directly outside. McDonald's is located across the street, adding a recognizable nearby retail reference point. The space may suit office, daycare, art studio, yoga studio, boutique, or other business uses identified for the property.
The site is near the intersection of Roosevelt Boulevard (Route 1) and Cottman Avenue, with a bus stop directly outside. McDonald's is located across the street, adding a recognizable nearby retail reference point. The space may suit office, daycare, art studio, yoga studio, boutique, or other business uses identified for the property.
Key Highlights
- Approximately 1,300 sq. ft. of lower‑level commercial space
- Private restroom included
- Bus stop directly outside the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,693
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,860
$293.9K
Cap Rate 7%
$209,900
$209.9K
Cap Rate 9%
$163,256
$163.3K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$23.4K $18.00/SF
− Vacancy
−$2.4K −$1.85/SF
EGI
$21.0K $16.15/SF
− OpEx
−$6.3K −$4.84/SF
NOI
$14.7K $11.30/SF
Area
ZIP 19149
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%
$293,860
Cap Rate 7%
$209,900
Cap Rate 9%
$163,256
Alternative Uses
Best Use
Retail
$209.9K
$183.7K – $244.9K
NOI $14,693 @ 7.0% cap · market cap 979.53%
Second Best
—
—
no second resolved use
Theoretical Best
Apartment 5plus
$2.49M
$2.18M – $2.90M
NOI $174,234 @ 7.0% cap · market cap 11,615.60%
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
Location Intelligence
Trade Area within ½ mile
1,216
Businesses Nearby
471k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 39%
Dining 36%
Shops & Services 18%
Electronics 5%
Macy's
Apparel
94,896 visits/mo
0.2 miles
Wawa
Shops & Services
50,568 visits/mo
0.4 miles
Raising Cane's Chicken Fingers
Dining
35,463 visits/mo
0.3 miles
McDonald's
Dining
35,339 visits/mo
0.0 miles
Wendy's
Dining
33,739 visits/mo
0.4 miles
Demographics for 19149, PA
60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
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
Frequently Asked Questions
What type of property is this?
Retail space - Lower-level commercial space with a private restroom and convenient transit access.
Where is this retail space located?
The property is located at 2816 COTTMAN AVENUE Philadelphia, PA.
What are key features of this property?
This property features: Approximately 1,300 sq. ft. of lower‑level commercial space; Private restroom included; Bus stop directly outside the property
