Two-Story Office
For Sale
$3,800,000
464046 Umbria Street, Philadelphia, PA 19127
A flexible, two-level layout combines private offices, meeting rooms, support areas, and elevator-lift access.
Property Size15,090 SF
Price / SF$251.82
Days on Market8
Property Features for 464046 Umbria Street
General Information
Standard status
Active
Size
15,090 SF
Elevators
Yes
Property subtype
Commercial
Lease Term
[]
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
private offices
conference rooms
executive suites
flex rooms
server room
kitchen
coffee bar
storage
restrooms
Building Details
Year Built
2008
Buildings
1
Stories
2
Building Size
15,090 SF
Construction
masonry
Listing Agency:
BHHS Fox & Roach-Center City Walnut
Listed By:
Michele Cooley · License #RS295660
(267) 571-5511
Source:
Deepcreeklake
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 7 at 2:10PM
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 BHHS Fox & Roach-Center City Walnut
Investment Insights
Based on property information with market context.
Built in 2008, this 15,090-square-foot masonry office property spans two floors. Its interior includes 24 private offices, four conference rooms, executive suites, and several flexible-use rooms, along with a server room, kitchen and coffee bar, and substantial storage. Eight restrooms are distributed evenly between the floors, and an elevator-lift connects both levels. The building also contains a recording studio and a video and commercial studio.
The property is on Umbria Street in Philadelphia, with access to I-76, Lincoln Drive, and Ridge Avenue. SEPTA Regional Rail, Center City, the Main Line suburbs, and Main Street Manayunk are also referenced as nearby destinations. The established surrounding area includes approximately 66,000 households within three miles, with a median household income of nearly $86,000; within one mile, the stated figure is about $96,000.
The property is on Umbria Street in Philadelphia, with access to I-76, Lincoln Drive, and Ridge Avenue. SEPTA Regional Rail, Center City, the Main Line suburbs, and Main Street Manayunk are also referenced as nearby destinations. The established surrounding area includes approximately 66,000 households within three miles, with a median household income of nearly $86,000; within one mile, the stated figure is about $96,000.
Key Highlights
- 15,090 SF across two floors; built in 2008 with masonry construction
- 24 private offices, 4 conference rooms, executive suites, and multiple flex rooms
- Recording studio and video/commercial studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$198,577
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,971,540
$4.0M
Cap Rate 7%
$2,836,814
$2.8M
Cap Rate 9%
$2,206,411
$2.2M
Market Conditions
NOI Build-Up for 15,090 SF
Gross rent
$331.4K $21.96/SF
− Vacancy
−$66.6K −$4.41/SF
EGI
$264.8K $17.55/SF
− OpEx
−$66.2K −$4.39/SF
NOI
$198.6K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,971,540
Cap Rate 7%
$2,836,814
Cap Rate 9%
$2,206,411
Alternative Uses
Best Use
Office B
$2.84M
$2.48M – $3.31M
NOI $198,577 @ 7.0% cap · market cap 5.23%
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 6.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
249
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
Market
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A flexible, two-level layout combines private offices, meeting rooms, support areas, and elevator-lift access.
Where is this office building located?
The property is located at 464046 Umbria Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 15,090 SF across two floors; built in 2008 with masonry construction; 24 private offices, 4 conference rooms, executive suites, and multiple flex rooms; Recording studio and video/commercial studio
