Mixed-Use Building with Corner
New
For Sale
$1,100,000
4415 Main St, Philadelphia, PA 19127
The property combines a street-level commercial unit with two leased apartments on a commercial corridor.
Property Size4,408 SF
Days on Market4
Property Features for 4415 Main St
General Information
Standard status
Active
Size
4,408 SF
Property subtype
Multifamily
Occupancy
100%
Additional Details
Corner Location
Yes
Multifamily Units
2
Building Details
Building Size
4,408 SF
Year Built
1900
Buildings
1
Tenancy
Multi
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Kenneth Mallin · License #RM424929
(267) 238-1711
Source:
Mpnrealty
Added: Oct 19
Last Checked: Oct 20 at 6:05PM
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.
At 4415 Main St., a mixed-use building brings together one commercial unit and two apartments. The commercial space is leased to Tsaocaa, a bubble tea and DIY arts and crafts café, while both apartments are also leased. The building dates to 1900.
The property occupies a corner on Main Street in Manayunk, along the neighborhood’s commercial corridor.
The property occupies a corner on Main Street in Manayunk, along the neighborhood’s commercial corridor.
Key Highlights
- One commercial unit and two apartments
- Commercial space leased to Tsaocaa, a bubble tea and DIY arts and crafts café
- Both apartments are leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,336
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,720
$1.4M
Cap Rate 7%
$990,514
$990.5K
Cap Rate 9%
$770,400
$770.4K
Market Conditions
NOI Build-Up for 4,408 SF
Gross rent
$133.8K $30.36/SF
− Vacancy
−$7.8K −$1.76/SF
EGI
$126.1K $28.60/SF
− OpEx
−$56.7K −$12.87/SF
NOI
$69.3K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,720
Cap Rate 7%
$990,514
Cap Rate 9%
$770,400
Alternative Uses
Best Use
Apartment 5plus
$990.5K
$866.7K – $1.16M
NOI $69,336 @ 7.0% cap · market cap 6.30%
Second Best
Mixed Use
$748.1K
$654.6K – $872.8K
NOI $52,367 @ 7.0% cap · market cap 4.76%
Theoretical Best
Multifamily LT 5
$1.07M
$940.3K – $1.25M
NOI $75,222 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,360
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a street-level commercial unit with two leased apartments on a commercial corridor.
Where is this mixed-use property located?
The property is located at 4415 Main St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: One commercial unit and two apartments; Commercial space leased to Tsaocaa, a bubble tea and DIY arts and crafts café; Both apartments are leased
