Masonry Retail Building with
433 West Chew Avenue Philadelphia, PA 19120
For Sale
$280,000
1931 masonry commercial property with expansive driveway parking and no association fees, offered for sale.
Property Size1,550 SF
Price / SF$180.65
Days on Market197
Property Features for 433 West Chew Avenue
General Information
- Standard status
- Active
- Size
- 1,550 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1931
Listing Agency:
Philadelphia Homes
(267) 616-1333
Listed By:
Huy Trinh · License #RS347347
(267) 616-1333
Source:
Compass
Added: Jan 8
Changed: Jul 23
Last Checked: Jul 23 at 12:47PM
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 Philadelphia Homes
Investment Insights
Based on property information with market context.
Built in 1931, this masonry commercial property offers a solid, classic foundation for a variety of retail and service uses. The listing notes no association fees, keeping ongoing ownership costs straightforward.
The building features an expansive driveway designed to provide parking convenience for customers and employees. It is located at 433 West Chew Avenue in Philadelphia’s 19120 area.
The property is listed for sale with a property size of 1,550 square feet.
The building features an expansive driveway designed to provide parking convenience for customers and employees. It is located at 433 West Chew Avenue in Philadelphia’s 19120 area.
The property is listed for sale with a property size of 1,550 square feet.
Key Highlights
- 1931 masonry commercial property with above‑grade exterior construction
- Expansive driveway provides ample parking for clients and employees
- Level entry access on the main floor
Financial Insights For Retail
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 | $21.2k | $13.68 |
| − Vacancy | −$2.2k | −$1.41 |
| EGI | $19.0k | $12.27 |
| − OpEx | −$5.7k | −$3.68 |
| NOI | $13.3k | $8.59 |
1,550 SF · lease $13.68/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$190.2K
$166.4K – $221.9K
NOI $13,314 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$370.3K
$324.0K – $432.0K
NOI $25,918 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - 1931 masonry commercial property with expansive driveway parking and no association fees, offered for sale.
Where is this retail space located?
The property is located at 433 West Chew Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1931 masonry commercial property with above‑grade exterior construction; Expansive driveway provides ample parking for clients and employees; Level entry access on the main floor
