Mixed-Use Property with
3628 N 17TH STREET, Philadelphia, PA 19140
For Sale
New
$275,000
A four-bedroom residence is occupied by a long-term tenant, while the commercial area is vacant.
Property Size1,650 SF
Days on Market4
Property Features for 3628 N 17TH STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
End Cap
Mixed-Use Components
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
United Real Estate
Listed By:
Charisma Harper
(215) 475-7442
Source:
Lizclarkrealestate
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 4:15PM
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 United Real Estate
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Investment Insights
Based on property information with market context.
Built in 1930, this end-of-row mixed-use property combines a storefront with a four-bedroom, 1.5-bath residence. The residential space has a long-term tenant, and the commercial space is vacant. The storefront previously served as a retail shop and hair salon.
The property is at 3628 N 17th Street in Philadelphia, near public transportation, neighborhood businesses, and major thoroughfares.
The property is at 3628 N 17th Street in Philadelphia, near public transportation, neighborhood businesses, and major thoroughfares.
Key Highlights
- Four‑bedroom, 1.5‑bath residence occupied by a long‑term tenant
- Vacant storefront previously used as a retail shop and hair salon
- End‑of‑row mixed‑use property built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,602
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,040
$392.0K
Cap Rate 7%
$280,029
$280.0K
Cap Rate 9%
$217,800
$217.8K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$35.6K $21.60/SF
− Vacancy
−$4.3K −$2.59/SF
EGI
$31.4K $19.01/SF
− OpEx
−$11.8K −$7.13/SF
NOI
$19.6K $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%
$392,040
Cap Rate 7%
$280,029
Cap Rate 9%
$217,800
Alternative Uses
Best Use
Mixed Use
$280.0K
$245.0K – $326.7K
NOI $19,602 @ 7.0% cap · market cap 7.13%
Second Best
Retail
$266.4K
$233.1K – $310.8K
NOI $18,649 @ 7.0% cap · market cap 6.78%
Theoretical Best
Multifamily LT 5
$402.2K
$352.0K – $469.3K
NOI $28,157 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,216
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Groceries 12%
Electronics 10%
Dining 3%
AutoZone
Shops & Services
6,236 visits/mo
0.4 miles
PNC Bank
Shops & Services
5,390 visits/mo
0.4 miles
Speedway
Shops & Services
4,892 visits/mo
0.4 miles
Fine Wine & Good Spirits
Groceries
4,022 visits/mo
0.5 miles
Liberty Tax
Shops & Services
3,357 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
$101,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A four-bedroom residence is occupied by a long-term tenant, while the commercial area is vacant.
Where is this mixed-use property located?
The property is located at 3628 N 17TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Four‑bedroom, 1.5‑bath residence occupied by a long‑term tenant; Vacant storefront previously used as a retail shop and hair salon; End‑of‑row mixed‑use property built in 1930
