Industrial Building with Paved
4821 GARDEN STREET Philadelphia, PA 19137
For Sale
$1,199,000
Large industrial facility with an open warehouse layout and expansive paved yard plus a secondary building for flexible support space.
Property Size10,446 SF
Price / SF$114.78
Days on Market34
Property Features for 4821 GARDEN STREET
General Information
- Standard status
- Active
- Size
- 10,446 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1948
Listing Agency:
Coldwell Banker Realty
(215) 620-9341
Listed By:
Tim Brogan · License #RS314019
(215) 620-9341
Source:
Xome
Added: Jun 21
Changed: Jul 24
Last Checked: Jul 24 at 6:21AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
4821 Garden Street presents a multi-structure industrial site anchored by a 9,000+ square foot industrial building. The main building offers open warehouse space, soaring ceilings, and a versatile layout designed to support a range of industrial uses, including manufacturing, distribution, storage, fabrication, and contractor operations, as well as adaptive reuse. A separate secondary building adds additional flexibility, with space described as well-suited for office, administrative, showroom, creative workspace, or support operations.
The property includes expansive paved outdoor space suitable for parking, fleet storage, equipment staging, outdoor storage, and potential future site improvements. It is positioned in Philadelphia’s established Bridesburg industrial corridor and is described as being near major transportation routes and in proximity to the Delaware River waterfront.
With its scale, outdoor improvements, and on-site administrative and warehouse components, the property offers configuration options for users seeking both production and dedicated support/workspace in one consolidated setting.
The property includes expansive paved outdoor space suitable for parking, fleet storage, equipment staging, outdoor storage, and potential future site improvements. It is positioned in Philadelphia’s established Bridesburg industrial corridor and is described as being near major transportation routes and in proximity to the Delaware River waterfront.
With its scale, outdoor improvements, and on-site administrative and warehouse components, the property offers configuration options for users seeking both production and dedicated support/workspace in one consolidated setting.
Key Highlights
- 9,000+ SF industrial building with open warehouse space and a versatile layout for manufacturing, distribution, storage, or adaptive reuse
- Expansive paved yard and oversized site for vehicle parking, fleet storage, equipment staging, outdoor storage, or future site improvements
- Separate secondary building for flexible support space such as office, administrative, showroom, creative workspace, or support operations
Financial Insights For Flex RnD
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 | $188.0k | $18.00 |
| − Vacancy | −$18.8k | −$1.80 |
| EGI | $169.2k | $16.20 |
| − OpEx | −$59.2k | −$5.67 |
| NOI | $110.0k | $10.53 |
10,446 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.96M
$1.72M – $2.29M
NOI $137,464 @ 7.0% cap · market cap 11.46%
Second Best
Flex RnD
$1.57M
$1.37M – $1.83M
NOI $109,996 @ 7.0% cap · market cap 9.17%
Theoretical Best
Multifamily LT 5
$2.55M
$2.23M – $2.97M
NOI $178,260 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Richardson Paint Co
Painting Service
Similar Off Market Nearby
- Sweet Breezy BBQ — 4254 Richmond St, Philadelphia, PA 19137
- Catering By Jeff — 4483 E Allen St, Philadelphia, PA 19137
- Beka's Food Service At Polonia Hall — 4431 Belgrade St, Philadelphia, PA 19137
- Beka's Catering — 4431 Belgrade St, Philadelphia, PA 19137
- Zachary's BBQ Catering — 2551 Orthodox St, Philadelphia, PA 19137
FAQs
What type of property is this?
Flex space - Large industrial facility with an open warehouse layout and expansive paved yard plus a secondary building for flexible support space.
Where is this flex space located?
The property is located at 4821 GARDEN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 9,000+ SF industrial building with open warehouse space and a versatile layout for manufacturing, distribution, storage, or adaptive reuse; Expansive paved yard and oversized site for vehicle parking, fleet storage, equipment staging, outdoor storage, or future site improvements; Separate secondary building for flexible support space such as office, administrative, showroom, creative workspace, or support operations
