Office Unit with 13-Foot
For Sale
Contact for pricing
3901 Main Street, Philadelphia, PA 19127
Converted mill space features multiple offices, a central workspace, kitchenette, and central HVAC.
Property Size2,400 SF
Price / SF$0.00
Days on Market57
Property Features for 3901 Main Street
General Information
Standard status
Active
Size
2,400 SF
Class
B
Property subtype
Office
Lease Term
NNN
Amenities
Central HVAC
Kitchenette
13' ceilings
Building Details
Year Built
1900
Year Renovated
2005
Tenancy
Multi
Properties For Sale
at 3901 Main Street Contact us3901 Main St Suite A-300
Size
6,325 SF
Type
Office Building
Term
Negotiable
3901 Main St Suite B-302
Size
2,400 SF
Type
Office Building
Term
Negotiable
3901 Main St Suite B-306
Size
3,878 SF
Type
Office Warehouse
Term
Negotiable
3901 Main St Suite B-400
Size
3,000 SF
Type
Office Warehouse
Term
Negotiable
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Dennis Carlisle · License #RS330429
(215) 805-8620
Source:
Mpnrealty
Added: Aug 23
Changed: Oct 1
Last Checked: Oct 16 at 7:51AM
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 Mallin Panchelli Nadel Realty Inc
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Investment Insights
Based on property information with market context.
Suite B 302 provides 2,400 SF of office space within a former mill property built in 1900 and converted to office and flex use in 2005. The layout includes 4 offices, a large central area, central HVAC, a kitchenette, and 13' ceilings.
The property is located at 3901 Main Street in Philadelphia, Pennsylvania, within the Manayunk area. Its historic mill construction and later commercial conversion create a distinctive setting for office users seeking a defined suite with both private rooms and shared workspace.
The property is located at 3901 Main Street in Philadelphia, Pennsylvania, within the Manayunk area. Its historic mill construction and later commercial conversion create a distinctive setting for office users seeking a defined suite with both private rooms and shared workspace.
Key Highlights
- 2,400 SF office suite in Suite B 302
- 4 offices plus a large central space
- 13' ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,620
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,400
$352.4K
Cap Rate 7%
$251,714
$251.7K
Cap Rate 9%
$195,778
$195.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$27.4K $11.40/SF
− Vacancy
−$2.2K −$0.91/SF
EGI
$25.2K $10.49/SF
− OpEx
−$7.6K −$3.15/SF
NOI
$17.6K $7.34/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,400
Cap Rate 7%
$251,714
Cap Rate 9%
$195,778
Alternative Uses
Best Use
Office B
$451.2K
$394.8K – $526.4K
NOI $31,583 @ 7.0% cap · market cap 350,922.22%
Second Best
Flex RnD
$361.0K
$315.9K – $421.2K
NOI $25,272 @ 7.0% cap · market cap 280,800.00%
Theoretical Best
Multifamily LT 5
$585.1K
$512.0K – $682.6K
NOI $40,956 @ 7.0% cap · market cap 455,066.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,538
Businesses Nearby
Explore this area
Business Placement
Demographics for 19127, PA
6,929
Population
3,496
Households
2
Avg Household Size
29
Median Age
77%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
11,548
Density / Sq Mi
$99,792
Median Household Income
$73,061
Median Earnings
$1,765
Median Rent
$298,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Office units - Converted mill space features multiple offices, a central workspace, kitchenette, and central HVAC.
Where is this office units located?
The property is located at 3901 Main Street Philadelphia, PA.
What are key features of this property?
This property features: 2,400 SF office suite in Suite B 302; 4 offices plus a large central space; 13' ceilings
