Mixed-Use Building with Garage
For Sale
$450,000
400 N 65th St, Philadelphia, PA 19151
Three-level property combines front office areas with a two-bedroom residential layout and attached garage capacity.
Property Size2,700 SF
Price / SF$166.67
Days on Market49
Property Features for 400 N 65th St
General Information
Standard status
Active
Size
2,700 SF
Total Parking Spaces
3
Property Condition
Severity
Repairs Needed
Evidence
could use cosmetic upgades
Site & Location
Neighborhood
West Philadelphia
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Amenities
fire alarm system
high efficiency heaters
fresh concrete basement floor
deck
Building Details
Year Built
1925
Buildings
1
Stories
3
Listing Agency:
RE/MAX Access
Listed By:
Edward P Diehl · License #AB069544
(215) 817-7602
Source:
Riverfoxrealty
Added: Sep 7
Changed: Oct 1
Last Checked: Oct 6 at 12:39AM
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 RE/MAX Access
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Investment Insights
Based on property information with market context.
This 2,700-square-foot mixed-use building, constructed in 1925, combines office and residential components across three levels. The first floor includes a front office, an additional central office room, a one-car garage, and a separate two-car garage. The upper floors contain a two-bedroom apartment with living rooms, dining rooms, a breakfast room, and an eat-in kitchen. A deck is positioned above the larger garage.
Property improvements include a fire alarm system, high-efficiency heaters, and a basement with a recently finished concrete floor. The building has been maintained and may benefit from cosmetic updates. Located at 400 N 65th St in Philadelphia, the property offers a vertically arranged commercial and residential configuration.
Property improvements include a fire alarm system, high-efficiency heaters, and a basement with a recently finished concrete floor. The building has been maintained and may benefit from cosmetic updates. Located at 400 N 65th St in Philadelphia, the property offers a vertically arranged commercial and residential configuration.
Key Highlights
- 2,700‑square‑foot mixed‑use building at 400 N 65th St, Philadelphia
- Constructed in 1925
- First‑floor front office plus an additional central office room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,531
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,620
$710.6K
Cap Rate 7%
$507,586
$507.6K
Cap Rate 9%
$394,789
$394.8K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$59.3K $21.96/SF
− Vacancy
−$11.9K −$4.41/SF
EGI
$47.4K $17.55/SF
− OpEx
−$11.8K −$4.39/SF
NOI
$35.5K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,620
Cap Rate 7%
$507,586
Cap Rate 9%
$394,789
Alternative Uses
Best Use
Office B
$507.6K
$444.1K – $592.2K
NOI $35,531 @ 7.0% cap · market cap 7.90%
Second Best
Mixed Use
$458.2K
$401.0K – $534.6K
NOI $32,076 @ 7.0% cap · market cap 7.13%
Theoretical Best
Multifamily LT 5
$658.2K
$575.9K – $767.9K
NOI $46,075 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,445
Businesses Nearby
Explore this area
Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
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?
Mixed-use property - Three-level property combines front office areas with a two-bedroom residential layout and attached garage capacity.
Where is this mixed-use property located?
The property is located at 400 N 65th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,700‑square‑foot mixed‑use building at 400 N 65th St, Philadelphia; Constructed in 1925; First‑floor front office plus an additional central office room
