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Retail Suite with Kitchenette
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For Sale
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4815 N 5TH STREET, Philadelphia, PA 19120

The interior includes two rooms, a kitchenette, and a half bath.

Property Size500 SF
Price / SF$1.90
Days on Market5

Property Features for 4815 N 5TH STREET

General Information

Standard status Active
Size 500 SF
Property subtype Commercial

Additional Details

Road Access Yes

Building Details

Year Built 1941
Listing Agency: RE/MAX Access
Listed By: Dorothea J Neverson · License #RS298947
Source: Cummingsrealtors
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 2:06PM

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 Access

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Investment Insights

Based on property information with market context.

This 500-square-foot retail space, built in 1941, has two rooms, a kitchenette, and a half bath. The compact layout provides distinct interior areas within a small storefront setting.

The property is at 4815 N 5th Street in Philadelphia, with access from Roosevelt Boulevard.

Key Highlights

  • 500‑square‑foot retail space
  • Two rooms, a kitchenette, and a half bath
  • Access from Roosevelt Boulevard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,295
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,900 $85.9K
Cap Rate 7%
$61,357 $61.4K
Cap Rate 9%
$47,722 $47.7K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$6.8K $13.68/SF
− Vacancy
−$705 −$1.41/SF
EGI
$6.1K $12.27/SF
− OpEx
−$1.8K −$3.68/SF
NOI
$4.3K $8.59/SF
Area
ZIP 19120
Vacancy
10.30%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,900
Cap Rate 7%
$61,357
Cap Rate 9%
$47,722

Alternative Uses

Best Use
Retail
$61.4K
$53.7K – $71.6K (±1% cap)
NOI $4,295 @ 7.0% cap · market cap 452.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.4K
$104.5K – $139.4K (±1% cap)
NOI $8,361 @ 7.0% cap · market cap 880.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,507
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Family Dollar Shops & Services
7,345 visits/mo 0.3 miles
PNC Bank Shops & Services
4,240 visits/mo 0.5 miles
La Fogata Dining
2,037 visits/mo 0.5 miles

Demographics for 19120, PA

66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The interior includes two rooms, a kitchenette, and a half bath.
Where is this retail space located?
The property is located at 4815 N 5TH STREET Philadelphia, PA.
What are key features of this property?
This property features: 500‑square‑foot retail space; Two rooms, a kitchenette, and a half bath; Access from Roosevelt Boulevard
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