Mixed-Use Property with
For Sale
$290,000
3254 N Front St, Philadelphia, PA 19140
Two-level layout combines commercial space with a two-bedroom residential unit.
Property Size1,680 SF
Price / SF$172.62
Days on Market73
Property Features for 3254 N Front St
General Information
Standard status
Active
Size
1,680 SF
Zoning
CMX-2
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Building Details
Year Built
1935
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Realty Mark Associates
Listed By:
Kevin Le · License #RS349630
(267) 918-5234
Source:
Thecazagroup
Added: Aug 5
Changed: Sep 8
Last Checked: Sep 7 at 1:20PM
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 Realty Mark Associates
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Investment Insights
Based on property information with market context.
This 1,680-square-foot mixed-use property combines a first-floor commercial storefront with a second-floor two-bedroom residential unit. The storefront previously operated as a pharmacy and provides street-facing commercial space. Updates include a kitchen with granite countertops, new flooring, a full bathroom added on the first floor, and a hallway bathroom added upstairs. The residential level also includes granite countertops, new flooring, and fresh paint throughout.
The property is located at 3254 N Front St in Philadelphia, within an active commercial corridor surrounded by local businesses and amenities. It carries CMX-2 zoning and was built in 1935. The property is being sold AS-IS.
The property is located at 3254 N Front St in Philadelphia, within an active commercial corridor surrounded by local businesses and amenities. It carries CMX-2 zoning and was built in 1935. The property is being sold AS-IS.
Key Highlights
- CMX‑2 mixed‑use property at 3254 N Front St, Philadelphia, PA 19140
- 1,680‑square‑foot building constructed in 1935
- First‑floor commercial storefront previously operated as a pharmacy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,426
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,520
$528.5K
Cap Rate 7%
$377,514
$377.5K
Cap Rate 9%
$293,622
$293.6K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$51.0K $30.36/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$48.0K $28.60/SF
− OpEx
−$21.6K −$12.87/SF
NOI
$26.4K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,520
Cap Rate 7%
$377,514
Cap Rate 9%
$293,622
Alternative Uses
Best Use
Apartment 5plus
$377.5K
$330.3K – $440.4K
NOI $26,426 @ 7.0% cap · market cap 9.11%
Second Best
Mixed Use
$285.1K
$249.5K – $332.6K
NOI $19,958 @ 7.0% cap · market cap 6.88%
Theoretical Best
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,669 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,597
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 18%
Family Dollar
Shops & Services
8,824 visits/mo
0.2 miles
Family Dollar
Shops & Services
8,480 visits/mo
0.3 miles
Little Caesars Pizza
Dining
4,905 visits/mo
0.3 miles
Santander Bank
Shops & Services
3,410 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
2,338 visits/mo
0.3 miles
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level layout combines commercial space with a two-bedroom residential unit.
Where is this mixed-use property located?
The property is located at 3254 N Front St Philadelphia, PA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: CMX‑2 mixed‑use property at 3254 N Front St, Philadelphia, PA 19140; 1,680‑square‑foot building constructed in 1935; First‑floor commercial storefront previously operated as a pharmacy
