Modern Loft-Style Office
4640-46 UMBRIA Street Philadelphia, PA 19127
For Sale
$2,450,000
Commercial Sale - PHILADELPHIA, PA
Property Size15,090 SF
Lot Size0.19 Acres
Price / SF$162.36
Days on Market276
Property Features for 4640-46 UMBRIA Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 46
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 15,090 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 33847
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2008
- Building materials
- Masonry
Listing Agency:
Keller Williams Main Line
(610) 520-0100
Listed By:
Sam A Akif · License #RS331003
(215) 617-6142
Added: Oct 23, 2025
Changed: Jun 9
Last Checked: Jul 25 at 2:06PM
MLS# PAPH2551766
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
4640-4646 Umbria Street presents a modern creative office building constructed in 2008. The property is configured with loft-style workspaces, high ceilings, and open designs intended to support a variety of business operations. Contemporary finishes and modern amenities are noted, and the offering is presented as move-in ready for a new occupant or ownership team.
The sale includes 4640-4646 Umbria St (office space, 15,090 SF) and 149 Wright St (land, 0.41 acres), providing both an operating facility and additional land for future use. The property is located in Manayunk within a walkable commercial district, with proximity to transit, shopping, dining, and the Schuylkill River Trail referenced in the remarks.
This offering is suitable for an owner-user seeking a distinctive headquarters in a modern loft-style office configuration, or for an investor looking at an office asset paired with separate land. The listing highlights flexibility for interior redevelopment, including potential for converting parking to interior space, supporting adaptable uses for creative or professional tenants. Ample parking and modern building systems are included among the stated benefits.
The sale includes 4640-4646 Umbria St (office space, 15,090 SF) and 149 Wright St (land, 0.41 acres), providing both an operating facility and additional land for future use. The property is located in Manayunk within a walkable commercial district, with proximity to transit, shopping, dining, and the Schuylkill River Trail referenced in the remarks.
This offering is suitable for an owner-user seeking a distinctive headquarters in a modern loft-style office configuration, or for an investor looking at an office asset paired with separate land. The listing highlights flexibility for interior redevelopment, including potential for converting parking to interior space, supporting adaptable uses for creative or professional tenants. Ample parking and modern building systems are included among the stated benefits.
Key Highlights
- Prime Manayunk Location: walkable area near transit, shopping, dining, and the Schuylkill River Trail.
- Modern Construction: Built in 2008 with contemporary finishes and efficient layouts.
- Flexible Space: Loft‑style workspaces with natural light and high ceilings.
Financial Insights For Office B
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 | $331.4k | $21.96 |
| − Vacancy | −$66.6k | −$4.41 |
| EGI | $264.8k | $17.55 |
| − OpEx | −$66.2k | −$4.39 |
| NOI | $198.6k | $13.16 |
15,090 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.84M
$2.48M – $3.31M
NOI $198,577 @ 7.0% cap · market cap 8.11%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.68M
$3.22M – $4.29M
NOI $257,509 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creative space
FAQs
What type of property is this?
Creative space - Built in 2008, this creative office building offers loft-style, open workspaces with high ceilings and abundant natural light.
Where is this creative space located?
The property is located at 4640-46 UMBRIA Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Prime Manayunk Location: walkable area near transit, shopping, dining, and the Schuylkill River Trail.; Modern Construction: Built in 2008 with contemporary finishes and efficient layouts.; Flexible Space: Loft‑style workspaces with natural light and high ceilings.
