Versatile Industrial Opportunity in
For Sale
$599,000
4220-4224 HOLMESBURG AVENUE, Philadelphia, PA 19136
Small-bay industrial space with income potential in Northeast Philadelphia.
Property Size5,000 SF
Price / SF$134.55
Days on Market242
Property Features for 4220-4224 HOLMESBURG AVENUE
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Industrial
Site & Location
Neighborhood
Northeast Philadelphia
Taxes and HOA fees
Annual Taxes
$4,888
Building Details
Building Size
5,000 SF
Year Built
1925
Listing Agency:
Century 21 Advantage Gold-Southampton
Listed By:
Connery Koski · License #AB069215
(215) 954-4414
Source:
Lizclarkrealestate
Added: Mar 2
Changed: Oct 25
Last Checked: Oct 28 at 1:18PM
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 Advantage Gold-Southampton
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Investment Insights
Based on property information with market context.
Located in the Holmesburg section of Northeast Philadelphia, this property offers approximately 4,452 square feet of drive-in warehouse space. It features two 80’ x 21’ bays (1,680 SF each) and one 52’ x 21’ bay (1,092 SF), along with an additional 300 square foot office space. One of the garage bays includes a bathroom. The property features new garage doors. The 52’ bay is currently connected to one of the 80’ bays but includes its own separate garage door and can easily be demised to create an additional independent unit. The site also includes a 15-car parking lot. One 80’ bay is currently leased at $1,500 per month, providing in-place income, while the remaining warehouse space and office area are available for lease or owner occupancy. ICMX zoning permits a wide variety of commercial and light industrial uses including contractor space, warehouse and distribution, storage, and auto-related operations. Annual real estate taxes total $4,888. The property is located near Frankford Avenue, Cottman Avenue, Route 1, public transportation, and South Jersey bridges, presenting a strong opportunity for investors or owner-users.
Key Highlights
- Prime location off Frankford Avenue with immediate I‑95 access in desirable Holmesburg, Northeast Philadelphia.
- Versatile industrial space with flexible configurations: three bays (two at 1,680 SF, one at 1,092 SF) plus 300 SF office; easily divisible for increased rental potential.
- Valuable 15‑car parking lot, a rare amenity for small‑bay industrial properties in the area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,538
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,760
$910.8K
Cap Rate 7%
$650,543
$650.5K
Cap Rate 9%
$505,978
$506.0K
Market Conditions
NOI Build-Up for 4,452 SF
Gross rent
$58.2K $13.08/SF
− Vacancy
−$4.7K −$1.05/SF
EGI
$53.6K $12.03/SF
− OpEx
−$8.0K −$1.81/SF
NOI
$45.5K $10.23/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,760
Cap Rate 7%
$650,543
Cap Rate 9%
$505,978
Alternative Uses
Best Use
Office B
$836.9K
$732.3K – $976.4K
NOI $58,586 @ 7.0% cap · market cap 9.78%
Second Best
Warehouse
$650.5K
$569.2K – $759.0K
NOI $45,538 @ 7.0% cap · market cap 7.60%
Theoretical Best
Multifamily LT 5
$1.09M
$949.7K – $1.27M
NOI $75,973 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
948
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 19136, PA
39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
Median Home Value
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Market
Vacancy Rate% for Office in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Warehouse - Small-bay industrial space with income potential in Northeast Philadelphia.
Where is this warehouse located?
The property is located at 4220-4224 HOLMESBURG AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime location off Frankford Avenue with immediate I‑95 access in desirable Holmesburg, Northeast Philadelphia.; Versatile industrial space with flexible configurations: three bays (two at 1,680 SF, one at 1,092 SF) plus 300 SF office; easily divisible for increased rental potential.; Valuable 15‑car parking lot, a rare amenity for small‑bay industrial properties in the area.
