Block-Through Mixed-Use
325 BAINBRIDGE STREET, Philadelphia, PA 19147
For Sale
$3,850,000
CMX-2 zoning and a rear parking area with Kater Street access add site-planning flexibility.
Property Size22,000 SF
Price / SF$175
Days on Market1513
Property Features for 325 BAINBRIDGE STREET
General Information
Standard status
Size
Property subtype
Zoning
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Road Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Coldwell Banker Realty
Listed By:
Jeffrey David Shablin · License #RS360471
(215) 870-6149
Source:
Wagnerrealestate
Added: Sep 19, 2022
Changed: Nov 8
Last Checked: Nov 8 at 6:02PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Four contiguous parcels connect Bainbridge Street and Kater Street, with an existing two-story structure of approximately 22,000+ square feet. The property also has a private rear parking area entered from Kater Street. Built in 1981, the building is being sold as-is.
Key Highlights
- Four contiguous parcels extend from Bainbridge Street to Kater Street
- Approximately 22,000+ sq ft in an existing two‑story structure
- CMX‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$261,360
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,227,200
$5.2M
Cap Rate 7%
$3,733,714
$3.7M
Cap Rate 9%
$2,904,000
$2.9M
Market Conditions
NOI Build-Up for 22,000 SF
Gross rent
$475.2K $21.60/SF
− Vacancy
−$57.0K −$2.59/SF
EGI
$418.2K $19.01/SF
− OpEx
−$156.8K −$7.13/SF
NOI
$261.4K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,227,200
Cap Rate 7%
$3,733,714
Cap Rate 9%
$2,904,000
Alternative Uses
Best Use
Mixed Use
$3.73M
$3.27M – $4.36M
NOI $261,360 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.36M
$4.69M – $6.26M
NOI $375,428 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9,041
Businesses Nearby
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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
$524,900
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Frequently Asked Questions
What type of property is this?
Mixed-use property - CMX-2 zoning and a rear parking area with Kater Street access add site-planning flexibility.
Where is this mixed-use property located?
The property is located at 325 BAINBRIDGE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Four contiguous parcels extend from Bainbridge Street to Kater Street; Approximately 22,000+ sq ft in an existing two‑story structure; CMX‑2 zoning
