Mixed-Use Building with Retail
4226 Main St, Philadelphia, PA 19127
For Sale
New
$725,000
Two apartments feature exposed brick, dishwashers, and washers and dryers.
Property Size2,388 SF
Days on Market7
Property Features for 4226 Main St
General Information
Standard status
Size
Class
Property subtype
Site & Location
Neighborhood
Mixed-Use Components
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Veronica Blum · License PA RS290724
(267) 238-1728
Source:
Mpnrealty
Added: Nov 8
Changed: Nov 11
Last Checked: Nov 12 at 5:01AM
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.
The 2,388-square-foot property combines a street-level commercial space with two apartments above. Retail occupies the full street frontage, while residents enter from the rear courtyard. Apartment features include exposed brick, dishwashers, and washers and dryers. The commercial tenant has occupied the space for more than 20 years and currently holds a month-to-month lease.
At 4226 Main Street in Philadelphia, the building has a hardscape courtyard at the rear, shared by easement with the neighboring property. The site is zoned CMX-2.5. Built in 1900, the property is currently self-managed by ownership.
At 4226 Main Street in Philadelphia, the building has a hardscape courtyard at the rear, shared by easement with the neighboring property. The site is zoned CMX-2.5. Built in 1900, the property is currently self-managed by ownership.
Key Highlights
- 2,388‑square‑foot mixed‑use property
- Two apartments above street‑level commercial space
- Retail occupies the full street frontage; residential access is from the rear courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,369
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,380
$567.4K
Cap Rate 7%
$405,271
$405.3K
Cap Rate 9%
$315,211
$315.2K
Market Conditions
NOI Build-Up for 2,388 SF
Gross rent
$51.6K $21.60/SF
− Vacancy
−$6.2K −$2.59/SF
EGI
$45.4K $19.01/SF
− OpEx
−$17.0K −$7.13/SF
NOI
$28.4K $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 Rate 5%
$567,380
Cap Rate 7%
$405,271
Cap Rate 9%
$315,211
Alternative Uses
Best Use
Mixed Use
$405.3K
$354.6K – $472.8K
NOI $28,369 @ 7.0% cap · market cap 3.91%
Second Best
Retail
$385.6K
$337.4K – $449.8K
NOI $26,990 @ 7.0% cap · market cap 3.72%
Theoretical Best
Multifamily LT 5
$582.2K
$509.4K – $679.2K
NOI $40,751 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Dining 16%
7-Eleven
Shops & Services
8,360 visits/mo
0.5 miles
Sunoco
Shops & Services
4,903 visits/mo
0.5 miles
Insomnia Cookies
Dining
3,023 visits/mo
0.1 miles
Extra Space Storage
Shops & Services
1,795 visits/mo
0.5 miles
Bala Motorsports
Shops & Services
1,117 visits/mo
0.4 miles
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
$298,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two apartments feature exposed brick, dishwashers, and washers and dryers.
Where is this mixed-use property located?
The property is located at 4226 Main St Philadelphia, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2,388‑square‑foot mixed‑use property; Two apartments above street‑level commercial space; Retail occupies the full street frontage; residential access is from the rear courtyard
