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    Main Street Retail and Apartments Title is generated by Realmo AI

    4113 Main St, Philadelphia, PA

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    Retail space with apartments on Main Street, Philadelphia.

    Type:RETAIL
    Property size:
    15,040 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $262/SF
    Added:
    Apr 26, 2025
    Days on Market:
    410
    Last Refresh:
    May 20 at 9:15 pm

    Property Features for 4113 Main St

    General Information

    Standard status
    Active
    Size
    15,040 SF
    Lot size
    0.17 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Veronica Blum
    Veronica Blum

    Listing agent Veronica Blum License #RS290724

    Listing office MPN Realty, Inc.

    Listing date Apr 26, 2025

    Source Moodyscre

    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 MPN Realty, Inc.

    HighLights

    • Largest retail presence on Main Street with 112 feet of prime frontage.
    • Four bi‑level residential apartments with large windows, 10’ ceiling heights, and private decks.
    • Retail space ceilings of approximately 20 feet.
    • Commercial space can be divided.
    • Apartments are accessed off Station Street.
    • Seven parcels wide.

    Overview

    The property at 4113-25 Main Street features 112 feet of frontage. The retail space has ceilings of approximately 20 feet. There are four bi-level residential apartments with large windows, 10-foot ceiling heights, and private decks overlooking Main Street. The apartments are accessed off Station Street. The building is seven parcels wide, and the commercial space can be divided. The property has a total size of 15,040 square feet. The commercial tenant is currently on a month-to-month lease.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $456.6k $30.36
    − Vacancy −$26.5k −$1.76
    EGI $430.1k $28.60
    − OpEx −$193.6k −$12.87
    NOI $236.6k $15.73
    15,040 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $3.38M
    $2.96M – $3.94M (±1% cap)
    NOI $236,572 @ 7.0% cap · market cap 5.99%
    Second Best
    Retail
    $2.43M
    $2.12M – $2.83M (±1% cap)
    NOI $169,985 @ 7.0% cap · market cap 4.30%
    Theoretical Best
    Multifamily LT 5
    $3.67M
    $3.21M – $4.28M (±1% cap)
    NOI $256,656 @ 7.0% cap · market cap 6.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2184
    Latitude
    40.0225

    FAQs

    What type of property is this?
    Retail space - Retail space with apartments on Main Street, Philadelphia.
    Where is this retail space located?
    The property is located at 4113 Main St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: Largest retail presence on Main Street with **112 feet of prime frontage.**; Four bi‑level residential apartments with **large windows, 10’ ceiling heights, and private decks.**; Retail space ceilings of approximately 20 feet.
    (215) 413-4900 Call to check price and availability
    More about this property
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