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Mixed-Use Storefront Property
New
For Sale
$200,000

3106 N FRONT STREET, Philadelphia, PA 19133

Includes a finished basement and an occupied one-bedroom apartment above.

Property Size1,260 SF
Days on Market3

Property Features for 3106 N FRONT STREET

General Information

Standard status Active
Size 1,260 SF
Property subtype Mixed Use

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $912

Building Details

Building Size 1,260 SF
Year Built 1920
Buildings 1
Listing Agency: United Real Estate Group
Listed By: Amanda Carter
Source: Mainlinekw
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 4 at 8:38AM

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 United Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1920, this mixed-use property combines a ground-floor commercial area with an upstairs residential unit. The storefront includes a private restroom and a separate rear office that can support administrative work, storage, or operational functions. A finished basement expands the usable area and includes a full bathroom.

The second floor contains a one-bedroom, one-bathroom apartment that is currently occupied by a tenant. The layout provides distinct commercial and residential components within one property, with the address positioned along North Front Street in Philadelphia.

Key Highlights

  • Ground‑floor storefront with private restroom and separate rear office
  • Finished basement with additional usable space and full bathroom
  • Upstairs 1‑bedroom, 1‑bathroom apartment currently occupied by a tenant

Financial Insights For Office B

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 $27.7k $21.96
− Vacancy −$5.6k −$4.41
EGI $22.1k $17.55
− OpEx −$5.5k −$4.39
NOI $16.6k $13.16
1,260 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use
Apartment 5plus
$283.1K
$247.7K – $330.3K (±1% cap)
NOI $19,819 @ 7.0% cap · market cap 9.91%
Second Best
Office B
$236.9K
$207.3K – $276.4K (±1% cap)
NOI $16,581 @ 7.0% cap · market cap 8.29%
Theoretical Best
Multifamily LT 5
$307.2K
$268.8K – $358.4K (±1% cap)
NOI $21,502 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Pro Gold Insurance ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Travel Agency Skin Care Clinic

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,269
Businesses Nearby

Demographics for 19133, PA

24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
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 Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a finished basement and an occupied one-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 3106 N FRONT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Ground‑floor storefront with private restroom and separate rear office; Finished basement with additional usable space and full bathroom; Upstairs 1‑bedroom, 1‑bathroom apartment currently occupied by a tenant
More about this property
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