Storefront Property with Rolling
For Sale
Contact for pricing
433 W SOMERSET STREET, Philadelphia, PA 19133
Commercial storefront with new central air conditioning and heating, glass windows, and rolling security gates.
Property Size1,000 SF
Price / SF$1.60
Days on Market69
Property Features for 433 W SOMERSET STREET
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Amenities
central air conditioning/heating
Building Details
Year Built
1920
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Aldo Torres
(267) 575-1325
Source:
Cummingsrealtors
Added: Aug 10
Changed: Oct 16
Last Checked: Oct 16 at 8:36AM
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 Homestarr Realty
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Investment Insights
Based on property information with market context.
This storefront property at 433 W Somerset Street features glass display windows and rolling gates, creating a practical street-facing commercial configuration. New central air conditioning and heating have been installed for year-round climate control.
Constructed in 1920, the property is located in Philadelphia, Pennsylvania, within ZIP code 19133.
Constructed in 1920, the property is located in Philadelphia, Pennsylvania, within ZIP code 19133.
Key Highlights
- New central air conditioning and heating
- Glass storefront windows
- Rolling gates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,302
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040
$226.0K
Cap Rate 7%
$161,457
$161.5K
Cap Rate 9%
$125,578
$125.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$18.0K $18.00/SF
− Vacancy
−$1.9K −$1.85/SF
EGI
$16.1K $16.15/SF
− OpEx
−$4.8K −$4.84/SF
NOI
$11.3K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040
Cap Rate 7%
$161,457
Cap Rate 9%
$125,578
Alternative Uses
Best Use
Retail
$161.5K
$141.3K – $188.4K
NOI $11,302 @ 7.0% cap · market cap 706.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$243.8K
$213.3K – $284.4K
NOI $17,065 @ 7.0% cap · market cap 1,066.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,299
Businesses Nearby
197k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 36%
Groceries 13%
Apparel 2%
McDonald's
Dining
28,372 visits/mo
0.3 miles
Wendy's
Dining
15,283 visits/mo
0.3 miles
Lukoil
Shops & Services
12,432 visits/mo
0.3 miles
Speedway
Shops & Services
12,422 visits/mo
0.1 miles
Checkers
Dining
12,268 visits/mo
0.3 miles
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
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- 5th Street Florists — 2830 N 5th St, Philadelphia, PA 19133
- Showers of Flowers — 2906 n 5th st, philadelphia, pa 19133
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront with new central air conditioning and heating, glass windows, and rolling security gates.
Where is this storefront property located?
The property is located at 433 W SOMERSET STREET Philadelphia, PA.
What are key features of this property?
This property features: New central air conditioning and heating; Glass storefront windows; Rolling gates
