Mixed-Use Residential Retail
3545 Germantown Avenue Philadelphia, PA 19140
For Sale
$250,000
First-floor retail is established and rented; the second and third floors require complete renovation.
Property Size2,000 SF
Price / SF$125
Days on Market103
Property Features for 3545 Germantown Avenue
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
Paramount Realty Inc
(215) 969-3320
Listed By:
Slava Sokologorsky · License #AB069695
(215) 969-3320
Source:
Compass
Added: Apr 13
Changed: Jul 23
Last Checked: Jul 23 at 6:00PM
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 Paramount Realty Inc
Investment Insights
Based on property information with market context.
This mixed-use residential retail building includes an established, rented first-floor business and separate second and third floors that require complete renovation. The seller notes that the first floor has been rented for several years and is currently occupied, and prospective buyers should not disturb the tenant.
For viewing, please review the photos before making an appointment, and allow at least 48 hours’ notice for showings. The property is located in Philadelphia County, within the School District of Philadelphia, and is served by nearby transportation with a bus stop less than 1 mile away.
For viewing, please review the photos before making an appointment, and allow at least 48 hours’ notice for showings. The property is located in Philadelphia County, within the School District of Philadelphia, and is served by nearby transportation with a bus stop less than 1 mile away.
Key Highlights
- First‑floor retail is established and has been rented to an excellent tenant for several years (do not disturb).
- First‑floor rental income: $1,800 per month.
- Second and third floors need complete renovation.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $18.00 |
| − Vacancy | −$3.7k | −$1.85 |
| EGI | $32.3k | $16.15 |
| − OpEx | −$9.7k | −$4.84 |
| NOI | $22.6k | $11.30 |
2,000 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$449.4K
$393.2K – $524.3K
NOI $31,459 @ 7.0% cap · market cap 12.58%
Second Best
Retail
$322.9K
$282.6K – $376.7K
NOI $22,604 @ 7.0% cap · market cap 9.04%
Theoretical Best
Multifamily LT 5
$487.6K
$426.6K – $568.8K
NOI $34,130 @ 7.0% cap · market cap 13.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Simply you Hair ...
Hair Salon
Brown Sugar’s Inc.
Bakery
FAQs
What type of property is this?
Multifamily property - First-floor retail is established and rented; the second and third floors require complete renovation.
Where is this multifamily property located?
The property is located at 3545 Germantown Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: First‑floor retail is established and has been rented to an excellent tenant for several years (do not disturb).; First‑floor rental income: $1,800 per month.; Second and third floors need complete renovation.
