Mixed-Use Warehouse with
For Sale
$184,900
4745 Penn St, Philadelphia, PA 19124
A 1,200 SF warehouse with a main-level office and half bath, plus an upstairs one-bedroom apartment.
Property Size1,200 SF
Price / SF$154.08
Days on Market161
Property Features for 4745 Penn St
General Information
Standard status
Active
Size
1,200 SF
Additional Details
Multifamily Units
1
Listing Agency:
Re/Max One Realty
(215) 913-2490
Listed By:
Francisco Neto · License #RS181696L
(215) 913-2490
Source:
Exprealty
Added: Feb 20
Changed: Jul 26
Last Checked: Jul 30 at 12:12PM
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 Re/Max One Realty
Investment Insights
Based on property information with market context.
This mixed-use property includes a warehouse with a spacious open floor plan and an overhead garage door on the main level. The layout also provides an office area and a convenient half bath. Upstairs, there is a one-bedroom apartment.
The offering includes an additional vacant lot located at the rear of the property on 4732 Oxford Ave, also available for purchase.
This configuration supports on-site operations with a separate residential unit above and offers a separate outdoor/adjacent parcel as part of the broader opportunity.
The offering includes an additional vacant lot located at the rear of the property on 4732 Oxford Ave, also available for purchase.
This configuration supports on-site operations with a separate residential unit above and offers a separate outdoor/adjacent parcel as part of the broader opportunity.
Key Highlights
- 1,200 SF warehouse in the Frankford section of Philadelphia at 4745 Penn Street
- Main level includes a spacious open floor plan with an overhead garage door for storage or workspace
- Main level also features an office area and a half bath
Financial Insights For Warehouse
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 | $13.7k | $11.40 |
| − Vacancy | −$1.1k | −$0.91 |
| EGI | $12.6k | $10.49 |
| − OpEx | −$1.9k | −$1.57 |
| NOI | $10.7k | $8.91 |
1,200 SF · lease $11.40/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$325.2K
$284.5K – $379.4K
NOI $22,761 @ 7.0% cap · market cap 12.31%
Second Best
Mixed Use
$294.5K
$257.7K – $343.6K
NOI $20,617 @ 7.0% cap · market cap 11.15%
Theoretical Best
Specialty Retail
$690.3K
$604.0K – $805.3K
NOI $48,318 @ 7.0% cap · market cap 26.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,576
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
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?
Warehouse - A 1,200 SF warehouse with a main-level office and half bath, plus an upstairs one-bedroom apartment.
Where is this warehouse located?
The property is located at 4745 Penn St Philadelphia, PA.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 1,200 SF warehouse in the Frankford section of Philadelphia at 4745 Penn Street; Main level includes a spacious open floor plan with an overhead garage door for storage or workspace; Main level also features an office area and a half bath
