Medical Office with Exam
For Sale
$400,000
3150 WILLITS Road, Philadelphia, PA 19136
Commercial Sale - PHILADELPHIA, PA
Property Size1,258 SF
Lot Size0.07 Acres
Price / SF$317.97
Days on Market231
Property Features for 3150 WILLITS Road
General Information
Property type
Other
Property subtype
Office
Parking
2
Parking features
Offsite, Parking Lot, On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
2778
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1949
Building materials
Masonry
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Michael Bottaro · License #AB067983
(267) 307-2444
Added: Dec 12, 2025
Changed: Jul 15
Last Checked: Jul 31 at 2:06AM
MLS# PAPH2566694
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property for sale provides finished above-grade medical office space with a reception front desk area, several private exam rooms, and two bathrooms. The interior has been updated with freshly painted drywall and new carpeting throughout. An unfinished basement extends under the entire building, offering additional flexible space.
The property is positioned in Philadelphia at 3150 Willits Road, right off Holme Circle on the corner of Holme Ave and Willits Rd. It is located within a larger shopping center environment with other tenants, along with a shared parking lot that supports regular foot traffic.
The layout is designed to support professional uses such as a doctor or dental office, with a primary front reception entry, dedicated treatment rooms, and secondary unfinished space in the basement.
The property is positioned in Philadelphia at 3150 Willits Road, right off Holme Circle on the corner of Holme Ave and Willits Rd. It is located within a larger shopping center environment with other tenants, along with a shared parking lot that supports regular foot traffic.
The layout is designed to support professional uses such as a doctor or dental office, with a primary front reception entry, dedicated treatment rooms, and secondary unfinished space in the basement.
Key Highlights
- 1,258 SF commercial retail/medical space with above‑grade finished area
- Fresh updates include new drywall, freshly painted interiors, and new carpeting
- Reception front desk plus private exam rooms and 2 bathrooms
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 | $27.6k | $21.96 |
| − Vacancy | −$5.6k | −$4.41 |
| EGI | $22.1k | $17.55 |
| − OpEx | −$5.5k | −$4.39 |
| NOI | $16.6k | $13.16 |
1,258 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$236.5K
$206.9K – $275.9K
NOI $16,555 @ 7.0% cap · market cap 4.14%
Second Best
Healthcare Medical
$232.9K
$203.8K – $271.7K
NOI $16,304 @ 7.0% cap · market cap 4.08%
Theoretical Best
Multifamily LT 5
$306.7K
$268.4K – $357.8K
NOI $21,468 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19136, PA
39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated medical office includes a reception area, multiple exam rooms, two bathrooms, and an unfinished basement.
Where is this medical office space located?
The property is located at 3150 WILLITS Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,258 SF commercial retail/medical space with above‑grade finished area; Fresh updates include new drywall, freshly painted interiors, and new carpeting; Reception front desk plus private exam rooms and 2 bathrooms