5400 Spruce Street, Philadelphia, PA 19139
Vacant first-floor commercial space paired with a two-bedroom apartment and full basement for storage.
- Added:
- May 25, 2026
- Days on Market:
- 28
- Last Refresh:
- Jun 20 at 7:20 am
Property Features for 5400 Spruce Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1920
Listing agent Mohammed Ullah (267) 278-3238
Listing office BHHS Fox&Roach-Newtown Square (267) 278-3238
Listing date May 25, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox&Roach-Newtown Square
HighLights
- Corner mixed‑use building in Philadelphia with CMX2 zoning
- Approximately 1,200 SF first‑floor commercial space is vacant and includes central air
- Separate entrance to a 2‑bedroom apartment with living room, dining area, and kitchen
- Full basement provides storage and utility area for both commercial and residential use
- Driveway parking; lot dimensions 19.00 x 75.00
- Central Air and window air conditioning; heating listed as 3
Overview
The property is located at 5400 Spruce Street in Philadelphia and is characterized as a corner site with visibility and accessibility. The second floor features a separate entrance that supports privacy and convenient independent use between the commercial and residential portions.
For an owner-operator, the layout allows day-to-day business activity downstairs while maintaining a full two-bedroom apartment upstairs, with a living room, dining area, and kitchen. For investors or landlords, the configuration provides two distinct income-earning components: a ground-floor commercial space and a separate residential unit. The on-site basement adds practical functionality for everyday operations and resident needs, supporting a flexible live-work arrangement or multi-use rental setup.
Local Financial Insights For Office B
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 | $39.5k | $21.96 |
| − Vacancy | −$7.9k | −$4.41 |
| EGI | $31.6k | $17.55 |
| − OpEx | −$7.9k | −$4.39 |
| NOI | $23.7k | $13.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.230872
- Latitude
- 39.954975
