Five-Unit Mixed-Use
New
For Sale
$1,200,000
327 S 11TH STREET, Philadelphia, PA 19107
The building combines two ground-floor retail spaces with three apartments, each separately metered for utilities.
Property Size3,531 SF
Days on Market6
Property Features for 327 S 11TH STREET
General Information
Standard status
Active
Size
3,531 SF
Property subtype
Five Or More Units
Site & Location
Corner Location
Yes
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR, 2 x studio
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$12,207
Building Details
Building Size
3,531 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Thomas M Smitley · License #RS314021
(215) 868-4874
Source:
Patmckennarealtors
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:08PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This Philadelphia mixed-use property contains five rental units: two ground-floor retail storefronts and three apartments. The residential mix includes a second-floor, full-floor one-bedroom apartment and two third-floor studios. One studio is leased through February 2027. Each unit has separate electric, heat, and air conditioning meters; tenants pay utilities other than water. A full basement is accessible from the dry-cleaning storefront or sidewalk doors, and a large space between the first and second floors houses HVAC equipment. A cedar-lined storage shed sits behind the dry-cleaning shop.
The property is at 327 S 11th Street in Washington Square West, directly across from Louis Kahn Park. Seger Park is a block away, and Thomas Jefferson University Hospital and Pennsylvania Hospital are 2–3 blocks away. Acme and Whole Foods markets are three blocks away. The location also intersects bike and bus routes. The source identifies possible expansion into the main building’s attic and redevelopment of the rear building, separately identified as 1039 Pine.
The property is at 327 S 11th Street in Washington Square West, directly across from Louis Kahn Park. Seger Park is a block away, and Thomas Jefferson University Hospital and Pennsylvania Hospital are 2–3 blocks away. Acme and Whole Foods markets are three blocks away. The location also intersects bike and bus routes. The source identifies possible expansion into the main building’s attic and redevelopment of the rear building, separately identified as 1039 Pine.
Key Highlights
- Five rental units: two ground‑floor retail storefronts and three apartments
- One studio apartment is leased through February 2027
- Separate electric, heat, and air conditioning meters for all five units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,541
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,820
$1.1M
Cap Rate 7%
$793,443
$793.4K
Cap Rate 9%
$617,122
$617.1K
Market Conditions
NOI Build-Up for 3,531 SF
Gross rent
$107.2K $30.36/SF
− Vacancy
−$6.2K −$1.76/SF
EGI
$101.0K $28.60/SF
− OpEx
−$45.4K −$12.87/SF
NOI
$55.5K $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%
$1,110,820
Cap Rate 7%
$793,443
Cap Rate 9%
$617,122
Alternative Uses
Best Use
Apartment 5plus
$793.4K
$694.3K – $925.7K
NOI $55,541 @ 7.0% cap · market cap 4.63%
Second Best
Mixed Use
$599.3K
$524.4K – $699.1K
NOI $41,948 @ 7.0% cap · market cap 3.50%
Theoretical Best
Multifamily LT 5
$860.8K
$753.2K – $1.00M
NOI $60,256 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
14,998
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Hotels & Casinos 30%
Dining 19%
Shops & Services 13%
Target
Superstores
43,947 visits/mo
0.5 miles
Starbucks
Dining
16,511 visits/mo
0.4 miles
Four Points by Sheraton Philadelphia City Center Hotel
Hotels & Casinos
15,625 visits/mo
0.2 miles
Days Inn Philadelphia
Hotels & Casinos
7,783 visits/mo
0.2 miles
Best Western Plus Philadelphia Convention Center Hotel
Hotels & Casinos
7,284 visits/mo
0.2 miles
Demographics for 19107, PA
17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines two ground-floor retail spaces with three apartments, each separately metered for utilities.
Where is this mixed-use property located?
The property is located at 327 S 11TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Five rental units: two ground‑floor retail storefronts and three apartments; One studio apartment is leased through February 2027; Separate electric, heat, and air conditioning meters for all five units
