Mixed-Use Property with
For Sale
Contact for pricing
3102 G STREET, Philadelphia, PA 19134
Restaurant space includes commercial cooking infrastructure and an upstairs apartment with washer access.
Property Size1,600 SF
Price / SF$1.25
Days on Market61
Property Features for 3102 G STREET
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Building Details
Year Built
1920
Listing Agency:
Aspire Realty International LLC
Listed By:
Yim Tsang · License #RMR002800
(347) 542-7034
Source:
Cummingsrealtors
Added: Aug 21
Changed: Oct 19
Last Checked: Oct 19 at 9:57AM
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 Aspire Realty International LLC
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Investment Insights
Based on property information with market context.
This 1,600-square-foot mixed-use property combines an operating restaurant layout with an upstairs residential unit. The commercial portion includes a ventilation hood, cooking equipment, kitchen and preparation areas, and indoor customer ordering space. A washer is also included, serving the restaurant or apartment.
Built in 1920, the property occupies a high-traffic corner along a commercial corridor in Philadelphia’s Kensington neighborhood. The site benefits from visible street positioning, substantial pedestrian and vehicle activity, proximity to public transit and major routes, and surrounding businesses and residences. The property information also identifies an NNN lease structure.
Built in 1920, the property occupies a high-traffic corner along a commercial corridor in Philadelphia’s Kensington neighborhood. The site benefits from visible street positioning, substantial pedestrian and vehicle activity, proximity to public transit and major routes, and surrounding businesses and residences. The property information also identifies an NNN lease structure.
Key Highlights
- 1,600‑square‑foot mixed‑use property with restaurant and upstairs residential unit
- Commercial ventilation hood and cooking equipment included
- Kitchen, preparation areas, and indoor customer ordering space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,747
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,940
$234.9K
Cap Rate 7%
$167,814
$167.8K
Cap Rate 9%
$130,522
$130.5K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$18.2K $11.40/SF
− Vacancy
−$1.5K −$0.91/SF
EGI
$16.8K $10.49/SF
− OpEx
−$5.0K −$3.15/SF
NOI
$11.7K $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%
$234,940
Cap Rate 7%
$167,814
Cap Rate 9%
$130,522
Alternative Uses
Best Use
Specialty Retail
$331.2K
$289.8K – $386.4K
NOI $23,184 @ 7.0% cap · market cap 1,162.11%
Second Best
Mixed Use
$271.5K
$237.6K – $316.8K
NOI $19,008 @ 7.0% cap · market cap 952.78%
Theoretical Best
Multifamily LT 5
$390.1K
$341.3K – $455.1K
NOI $27,304 @ 7.0% cap · market cap 1,368.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
2,614
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 4%
Electronics 2%
Family Dollar
Shops & Services
8,480 visits/mo
0.4 miles
7-Eleven
Shops & Services
6,537 visits/mo
0.5 miles
Wells Fargo
Shops & Services
5,981 visits/mo
0.3 miles
Dollar Tree
Shops & Services
5,786 visits/mo
0.5 miles
Bank of America
Shops & Services
3,144 visits/mo
0.3 miles
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant space includes commercial cooking infrastructure and an upstairs apartment with washer access.
Where is this mixed-use property located?
The property is located at 3102 G STREET Philadelphia, PA.
What are key features of this property?
This property features: 1,600‑square‑foot mixed‑use property with restaurant and upstairs residential unit; Commercial ventilation hood and cooking equipment included; Kitchen, preparation areas, and indoor customer ordering space
