Creative Office
319 Bainbridge Street, Philadelphia, PA 19147
For Sale
New
$699,900
Two floors combine flexible work areas, private offices, a kitchen, and a bathroom on each level.
Property Size2,520 SF
Price / SF$368.37
Days on Market3
Property Features for 319 Bainbridge Street
General Information
Standard status
Size
Zoning
Space & Availability
Floor
Condition
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
full modern kitchen
two bathrooms
soaring ceilings
exposed masonry walls
exposed HVAC ductwork
abundant natural light
open-concept layout
Natural Gas
1
Yes
3
No
Public
14.00 x 60.00
On Street
10
Stone,Concrete Perimeter
2520.00
Assessor
Building Details
Building Size
Year Built
Stories
Listing Agency:
Long & Foster Real Estate, Inc.
(215) 654-5900
Listed By:
Jonathan C Phillips
Source:
Smartwayamerica
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 11:49AM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Set across the second and third floors at 319 Bainbridge Street, this creative workspace pairs open work areas with two private offices. A kitchen and one bathroom on each floor support day-to-day use. Exposed masonry, visible HVAC ductwork, and natural light from multiple exposures contribute to the interior character. The building dates to 1839, and the property is zoned CMX2.
The address is in Philadelphia’s Queen Village neighborhood, with Weavers Way Co-op, Famous 4th Street Deli, cafés, and restaurants nearby. Public transit and highway access are also noted. The two-level arrangement offers a mix of open and enclosed work areas alongside shared kitchen and bathroom facilities.
The address is in Philadelphia’s Queen Village neighborhood, with Weavers Way Co-op, Famous 4th Street Deli, cafés, and restaurants nearby. Public transit and highway access are also noted. The two-level arrangement offers a mix of open and enclosed work areas alongside shared kitchen and bathroom facilities.
Key Highlights
- Two floors with open work areas and two private offices
- Kitchen and one bathroom on each floor
- Exposed masonry and HVAC ductwork, with natural light from multiple exposures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,003
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,060
$500.1K
Cap Rate 7%
$357,186
$357.2K
Cap Rate 9%
$277,811
$277.8K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$41.7K $21.96/SF
− Vacancy
−$8.4K −$4.41/SF
EGI
$33.3K $17.55/SF
− OpEx
−$8.3K −$4.39/SF
NOI
$25.0K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,060
Cap Rate 7%
$357,186
Cap Rate 9%
$277,811
Alternative Uses
Best Use
Office B
$357.2K
$312.5K – $416.7K
NOI $25,003 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$463.2K
$405.3K – $540.4K
NOI $32,423 @ 7.0% cap · market cap 4.63%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9,041
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Creative space in Philadelphia, PA
Properties on Market for Creative space in Philadelphia
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Creative space - Two floors combine flexible work areas, private offices, a kitchen, and a bathroom on each level.
Where is this creative space located?
The property is located at 319 Bainbridge Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two floors with open work areas and two private offices; Kitchen and one bathroom on each floor; Exposed masonry and HVAC ductwork, with natural light from multiple exposures
