Three-Story Mixed-Use
New
For Sale
$750,000
3726 N Broad St, Philadelphia, PA 19140
CMX3-zoned building combines first-floor commercial space with vacant upper-level residential conversion areas.
Property Size5,490 SF
Price / SF$136.61
Days on Market3
Property Features for 3726 N Broad St
General Information
Standard status
Active
Size
5,490 SF
Zoning
CMX3
Building Details
Year Built
1900
Stories
3
Listing Agency:
Century 21 Forrester Real Estate
(267) 688-1449
Listed By:
Michael A. Giangiordano Sr., Michael A Giangiordano II · License #RS338459
Source:
Kandorre
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 13 at 3:54AM
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 Century 21 Forrester Real Estate
Investment Insights
Based on property information with market context.
This three-story mixed-use building includes commercial space on the ground level and vacant areas on the second and third floors that were converted for residential use. The property is being offered in AS-IS condition and carries CMX3 commercial zoning. Built in 1900, the building has a prior operating history as a bar, nightclub, and restaurant.
The property is located at 3726 N Broad St in Philadelphia, PA 19140. Its floor-by-floor configuration provides a combination of commercial and residential conversion space within one building. Lease, lease-purchase, and seller financing options may be available, subject to negotiated terms.
The property is located at 3726 N Broad St in Philadelphia, PA 19140. Its floor-by-floor configuration provides a combination of commercial and residential conversion space within one building. Lease, lease-purchase, and seller financing options may be available, subject to negotiated terms.
Key Highlights
- Three‑story mixed‑use building with commercial space on the first floor
- Vacant residential conversion space on the second and third floors
- CMX3 commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,221
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,304,420
$1.3M
Cap Rate 7%
$931,729
$931.7K
Cap Rate 9%
$724,678
$724.7K
Market Conditions
NOI Build-Up for 5,490 SF
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.
Gross rent
$118.6K $21.60/SF
− Vacancy
−$14.2K −$2.59/SF
EGI
$104.4K $19.01/SF
− OpEx
−$39.1K −$7.13/SF
NOI
$65.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,304,420
Cap Rate 7%
$931,729
Cap Rate 9%
$724,678
Alternative Uses
Best Use
Specialty Retail
$1.14M
$994.4K – $1.33M
NOI $79,550 @ 7.0% cap · market cap 10.61%
Second Best
Mixed Use
$931.7K
$815.3K – $1.09M
NOI $65,221 @ 7.0% cap · market cap 8.70%
Theoretical Best
Multifamily LT 5
$1.34M
$1.17M – $1.56M
NOI $93,686 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,232
Businesses Nearby
74k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 38%
Electronics 6%
Apparel 1%
McDonald's
Dining
33,410 visits/mo
0.5 miles
Sunoco
Shops & Services
10,993 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
6,362 visits/mo
0.5 miles
AutoZone
Shops & Services
6,236 visits/mo
0.2 miles
Speedway
Shops & Services
4,892 visits/mo
0.5 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - CMX3-zoned building combines first-floor commercial space with vacant upper-level residential conversion areas.
Where is this mixed-use property located?
The property is located at 3726 N Broad St Philadelphia, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑story mixed‑use building with commercial space on the first floor; Vacant residential conversion space on the second and third floors; CMX3 commercial zoning
