Retail Storefront
For Sale
$675,000
3572 Frankford Ave, Philadelphia, PA 19134
For sale retail storefront property in Philadelphia, PA, offered at $675,000.
Property Size2,675 SF
Price / SF$252.34
Days on Market95
Property Features for 3572 Frankford Ave
General Information
Standard status
Active
Size
2,675 SF
Building Details
Year Built
1910
Listing Agency:
KW Commercial
Listed By:
Andre Watson · License #RS305752
(410) 818-9005
Source:
Southjerseyshorehomesfinder
Added: Jul 21
Changed: Oct 2
Last Checked: Oct 20 at 10:47PM
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 KW Commercial
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Investment Insights
Based on property information with market context.
This for-sale retail storefront property is located at 3572 Frankford Ave in Philadelphia, PA. The offering includes a total size of 2,675 square feet, providing a dedicated street-facing retail space suitable for a variety of storefront needs.
The property is presented as a commercial real estate listing under the storefront and retail property categories, with details centered on the available retail floor area. For buyers and tenant-brokers looking for a storefront format in Philadelphia, this asset offers a straightforward acquisition profile based on the information provided.
Please note that additional details such as current condition, configuration, and income or leasing status are not included in the provided information.
The property is presented as a commercial real estate listing under the storefront and retail property categories, with details centered on the available retail floor area. For buyers and tenant-brokers looking for a storefront format in Philadelphia, this asset offers a straightforward acquisition profile based on the information provided.
Please note that additional details such as current condition, configuration, and income or leasing status are not included in the provided information.
Key Highlights
- Retail storefront property in Philadelphia, PA
- Built in 1910
- Offered for sale at $675,000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,233
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,660
$604.7K
Cap Rate 7%
$431,900
$431.9K
Cap Rate 9%
$335,922
$335.9K
Market Conditions
NOI Build-Up for 2,675 SF
Gross rent
$48.2K $18.00/SF
− Vacancy
−$5.0K −$1.85/SF
EGI
$43.2K $16.15/SF
− OpEx
−$13.0K −$4.84/SF
NOI
$30.2K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,660
Cap Rate 7%
$431,900
Cap Rate 9%
$335,922
Alternative Uses
Best Use
Retail
$431.9K
$377.9K – $503.9K
NOI $30,233 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$652.1K
$570.6K – $760.8K
NOI $45,649 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,917
Businesses Nearby
340k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 33%
Apparel 13%
Electronics 5%
Five Below
Shops & Services
54,152 visits/mo
0.4 miles
Ross Dress for Less
Apparel
30,523 visits/mo
0.4 miles
Wendy's
Dining
26,379 visits/mo
0.4 miles
Taco Bell
Dining
25,016 visits/mo
0.5 miles
Dollar Tree
Shops & Services
22,738 visits/mo
0.4 miles
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
- Keep N Touch Flowers — 1501 E Luzerne St, Philadelphia, PA 19124
Frequently Asked Questions
What type of property is this?
Storefront property - For sale retail storefront property in Philadelphia, PA, offered at $675,000.
Where is this storefront property located?
The property is located at 3572 Frankford Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Retail storefront property in Philadelphia, PA; Built in 1910; Offered for sale at $675,000
