Joined Office Suite with High
New
For Sale
Contact for pricing
525 S 4TH STREET #252/254, Philadelphia, PA 19147
Second-floor workspace in an elevator-served building includes shared conference rooms and kitchen access.
Property Size1,200 SF
Price / SF$2.04
Days on Market5
Property Features for 525 S 4TH STREET #252/254
General Information
Standard status
Active
Size
1,200 SF
Elevators
Yes
Property subtype
Commercial
Additional Details
Floor
2
Amenities
restrooms on every floor
shared kitchen on 4th floor
conference rooms on 2nd floor
mail delivery
Building Details
Year Built
2000
Listing Agency:
Compass Pennsylvania, LLC
(267) 435-8015
Listed By:
Carrie S Waterman · License #RS297173
(267) 269-8550
Source:
Cummingsrealtors
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:46PM
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 Compass Pennsylvania, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This joined office suite occupies the second floor of the Foremost Building and contains 1,200 square feet. High ceilings and natural light shape the workspace, with light natural-tone LVP flooring currently being installed. The building, constructed in 2000, has elevator service to its office floors.
Tenants have access to men’s and women’s restrooms on every floor, shared kitchen facilities on the fourth floor, and conference rooms on the second floor. Mail is delivered directly to each office.
Tenants have access to men’s and women’s restrooms on every floor, shared kitchen facilities on the fourth floor, and conference rooms on the second floor. Mail is delivered directly to each office.
Key Highlights
- 1,200‑square‑foot joined office suite on the second floor
- High ceilings and natural light
- Elevator service in the Foremost Building, built in 2000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,256
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,120
$285.1K
Cap Rate 7%
$203,657
$203.7K
Cap Rate 9%
$158,400
$158.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$3.1K −$2.59/SF
EGI
$22.8K $19.01/SF
− OpEx
−$8.6K −$7.13/SF
NOI
$14.3K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,120
Cap Rate 7%
$203,657
Cap Rate 9%
$158,400
Alternative Uses
Best Use
Office B
$225.6K
$197.4K – $263.2K
NOI $15,791 @ 7.0% cap · market cap 644.53%
Second Best
Mixed Use
$203.7K
$178.2K – $237.6K
NOI $14,256 @ 7.0% cap · market cap 581.88%
Theoretical Best
Multifamily LT 5
$292.5K
$256.0K – $341.3K
NOI $20,478 @ 7.0% cap · market cap 835.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9,041
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor workspace in an elevator-served building includes shared conference rooms and kitchen access.
Where is this office unit located?
The property is located at 525 S 4TH STREET #252/254 Philadelphia, PA.
What are key features of this property?
This property features: 1,200‑square‑foot joined office suite on the second floor; High ceilings and natural light; Elevator service in the Foremost Building, built in 2000
