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Three-Office Suite with Elevator Access
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525 S 4TH STREET #500, Philadelphia, PA 19147

A fifth-floor layout offers shared kitchen and conference room access, with restrooms on each floor.

Property Size650 SF
Price / SF$2.92
Days on Market8

Property Features for 525 S 4TH STREET #500

General Information

Standard status Active
Size 650 SF
Elevators Yes
Property subtype Commercial

Additional Details

Floor 5

Amenities

restrooms
shared kitchen
conference rooms
mail delivery

Building Details

Year Built 1920
Listing Agency: Compass Pennsylvania, LLC
Listed By: Jeffrey Block · License #AB065556
Source: Cummingsrealtors
Added: Oct 16 Changed: Oct 21 Last Checked: Oct 20 at 10:13PM

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 650-square-foot office suite contains three offices on the fifth floor of the Foremost Building, a 1920-built property served by an elevator. Tall ceilings and city views are among the suite’s physical features. The layout is described as suitable for individual treatment rooms.

The building sits between the Queen Village and Society Hill neighborhoods in Philadelphia. Shared amenities include a kitchen on the fourth floor, conference rooms on the second floor, men’s and women’s restrooms on every floor, and mail delivery to each office.

Key Highlights

  • Three offices comprising 650 square feet on the fifth floor
  • Elevator service in the 1920‑built Foremost Building
  • Tall ceilings and city views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,554
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,080 $171.1K
Cap Rate 7%
$122,200 $122.2K
Cap Rate 9%
$95,044 $95.0K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$14.3K $21.96/SF
− Vacancy
−$2.9K −$4.41/SF
EGI
$11.4K $17.55/SF
− OpEx
−$2.9K −$4.39/SF
NOI
$8.6K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,080
Cap Rate 7%
$122,200
Cap Rate 9%
$95,044

Alternative Uses

Best Use
Office B
$122.2K
$106.9K – $142.6K (±1% cap)
NOI $8,554 @ 7.0% cap · market cap 450.21%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$158.5K
$138.7K – $184.9K (±1% cap)
NOI $11,092 @ 7.0% cap · market cap 583.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Round The Clock Tax ... Accounting Firm Perrymore April J Physician Dr. Richard T. ... Physician Brian Daly, M.Ed. ... Physician Grachek Cori A Foster Care Service

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Tanning Salon Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

9,041
Businesses Nearby

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

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A fifth-floor layout offers shared kitchen and conference room access, with restrooms on each floor.
Where is this office unit located?
The property is located at 525 S 4TH STREET #500 Philadelphia, PA.
What are key features of this property?
This property features: Three offices comprising 650 square feet on the fifth floor; Elevator service in the 1920‑built Foremost Building; Tall ceilings and city views
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