Mixed-Use Building with Event
For Sale
$340,000
4828 Old York Road, Philadelphia, PA 19141
Updated mixed-use property with a leased first-floor event space and two income-producing apartments above.
Property SizeContact for details
Days on Market95
Property Features for 4828 Old York Road
General Information
Standard status
Active
Property subtype
Mixed Use
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1925
Tenancy
Multi
Listing Agency:
Luxe Real Estate LLC
(215) 251-7519
Listed By:
Michelle Phillips · License #RM425239
(215) 251-7519
Source:
Xome
Added: May 2
Changed: Jul 10
Last Checked: Aug 4 at 4:08AM
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 Luxe Real Estate LLC
Investment Insights
Based on property information with market context.
This updated mixed-use property includes a first-floor commercial space currently operating as an event space, plus two residential apartments on the upper floors. The building has undergone recent renovations throughout, including updated kitchens with contemporary cabinetry and finishes, upgraded bathrooms, newer flooring, and improved interior aesthetics. The two apartments feature newer, modern interiors and bright layouts, with each unit positioned above the storefront.
The property is located near Broad Street in Philadelphia’s Logan area, with convenient access to public transportation, shopping, dining, and major commuter routes.
For investors or owner-operators seeking a manageable, income-producing setup, the current configuration provides three separate rental streams: the event space generates $1,500 per month, the second-floor 1-bedroom apartment is rented for $1,100 per month, and the third-floor 1-bedroom apartment is paid by a PHA tenant at $1,150 per month. The renovations support a turnkey presentation for continued occupancy and ongoing tenant turnover, and the seller is offering a package opportunity with 4823 Old York Road as a bundle purchase.
The property is located near Broad Street in Philadelphia’s Logan area, with convenient access to public transportation, shopping, dining, and major commuter routes.
For investors or owner-operators seeking a manageable, income-producing setup, the current configuration provides three separate rental streams: the event space generates $1,500 per month, the second-floor 1-bedroom apartment is rented for $1,100 per month, and the third-floor 1-bedroom apartment is paid by a PHA tenant at $1,150 per month. The renovations support a turnkey presentation for continued occupancy and ongoing tenant turnover, and the seller is offering a package opportunity with 4823 Old York Road as a bundle purchase.
Key Highlights
- Mixed‑use building with 1 leased first‑floor event space plus 2 residential apartments above
- First‑floor event space currently rented for $1,500/month
- Two 1‑bedroom apartments rented for $1,100/month (2nd floor) and $1,150/month (3rd floor, PHA tenant)
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
106k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 38%
Groceries 11%
Burger King
Dining
26,241 visits/mo
0.2 miles
Taco Bell
Dining
17,676 visits/mo
0.5 miles
Save-A-Lot
Groceries
11,589 visits/mo
0.5 miles
Sunoco
Shops & Services
10,407 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,695 visits/mo
0.2 miles
Demographics for 19141, PA
31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated mixed-use property with a leased first-floor event space and two income-producing apartments above.
Where is this mixed-use property located?
The property is located at 4828 Old York Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Mixed‑use building with 1 leased first‑floor event space plus 2 residential apartments above; First‑floor event space currently rented for $1,500/month; Two 1‑bedroom apartments rented for $1,100/month (2nd floor) and $1,150/month (3rd floor, PHA tenant)
