Mixed-Use Building with
New
For Sale
$600,000
Pending
3212-14 W Dauphin Street, Philadelphia, PA 19132
A gated, paved parking parcel and upstairs living space accompany the operating restaurant property.
Property Size3,744 SF
Days on Market3
Property Features for 3212-14 W Dauphin Street
General Information
Standard status
Pending
Size
3,744 SF
Zoning
CMX1
Site & Location
Neighborhood
North Philadelphia
Highway Access
Yes
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$1,395
Amenities
Ceramic Tile
Natural Gas
Yes
3
Building & Land,Restaurant Business Assets,(FF & E),E-Liquor License.
Public
Y50
16.33 x 85.88
0.03
No
Estimated
On Street
3744.00
19940.00
Building Details
Building Size
3,744 SF
Year Built
1915
Buildings
1
Stories
3
Listing Agency:
Keller Williams Realty
(856) 321-1212
Listed By:
Paul P Cheng · License #AB068536
(215) 327-1722
Source:
Chennaultrealestate
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:17AM
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 Keller Williams Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,744-square-foot, three-story mixed-use property was built in 1915 and is zoned CMX1. The offering includes an operating restaurant and beer deli, an E-Liquor license, and the business’s furniture, fixtures, and equipment. Living space occupies the upper portion of the building, creating a live-work configuration. A separate paved parcel at 3214 W. Dauphin Street is included and provides gated parking.
The property is located at 3212-14 W. Dauphin Street in Philadelphia, next to Fairmount Park. Center City, the Art Museum, University City, the Philadelphia Zoo, and major interstate highways are also identified as accessible from the location.
The property is located at 3212-14 W. Dauphin Street in Philadelphia, next to Fairmount Park. Center City, the Art Museum, University City, the Philadelphia Zoo, and major interstate highways are also identified as accessible from the location.
Key Highlights
- 3,744‑square‑foot, three‑story building constructed in 1915
- Operating restaurant and beer deli business included
- E‑Liquor license and furniture, fixtures, and equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,251
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,085,020
$1.1M
Cap Rate 7%
$775,014
$775.0K
Cap Rate 9%
$602,789
$602.8K
Market Conditions
NOI Build-Up for 3,744 SF
Gross rent
$78.6K $21.00/SF
− Vacancy
−$6.3K −$1.68/SF
EGI
$72.3K $19.32/SF
− OpEx
−$18.1K −$4.83/SF
NOI
$54.3K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,085,020
Cap Rate 7%
$775,014
Cap Rate 9%
$602,789
Alternative Uses
Best Use
Specialty Retail
$775.0K
$678.1K – $904.2K
NOI $54,251 @ 7.0% cap · market cap 9.04%
Second Best
Office B
$703.8K
$615.9K – $821.2K
NOI $49,269 @ 7.0% cap · market cap 8.21%
Theoretical Best
Multifamily LT 5
$912.7K
$798.6K – $1.06M
NOI $63,891 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A gated, paved parking parcel and upstairs living space accompany the operating restaurant property.
Where is this mixed-use property located?
The property is located at 3212-14 W Dauphin Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,744‑square‑foot, three‑story building constructed in 1915; Operating restaurant and beer deli business included; E‑Liquor license and furniture, fixtures, and equipment included
