Retail Space with Loft
For Sale
Contact for pricing
5748 CHESTNUT STREET #1F, Philadelphia, PA 19139
Open layout includes a bathroom and elevated office area for flexible commercial use.
Property Size500 SF
Price / SF$1.60
Days on Market51
Property Features for 5748 CHESTNUT STREET #1F
General Information
Standard status
Active
Size
500 SF
Property subtype
Commercial
Site & Location
Neighborhood
West Philadelphia
Building Details
Year Built
1925
Listing Agency:
Hartsville Realty Property Management, Inc.
Listed By:
Edward J. McDonald Jr. · License #RM423938
(215) 442-9388
Source:
Cummingsrealtors
Added: Sep 14
Changed: Nov 1
Last Checked: Nov 3 at 7:53AM
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 Hartsville Realty Property Management, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 500-square-foot retail space at 5748 Chestnut Street includes an open floor plan, a bathroom, and a loft that can function as office space. The configuration is suited to a beauty salon, barber shop, or small professional office.
Built in 1925, the property is positioned within walking distance of cafes, boutique shops, and essential services. Public transportation access and a walkable setting support convenient visits for customers and staff.
Built in 1925, the property is positioned within walking distance of cafes, boutique shops, and essential services. Public transportation access and a walkable setting support convenient visits for customers and staff.
Key Highlights
- 500‑square‑foot retail space
- Open floor plan with bathroom
- Loft area suitable for office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,651
Suggested Prices Based on Cap Rates
Cap Rate 5%
$113,020
$113.0K
Cap Rate 7%
$80,729
$80.7K
Cap Rate 9%
$62,789
$62.8K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$9.0K $18.00/SF
− Vacancy
−$927 −$1.85/SF
EGI
$8.1K $16.15/SF
− OpEx
−$2.4K −$4.84/SF
NOI
$5.7K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$113,020
Cap Rate 7%
$80,729
Cap Rate 9%
$62,789
Alternative Uses
Best Use
Retail
$80.7K
$70.6K – $94.2K
NOI $5,651 @ 7.0% cap · market cap 706.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$121.9K
$106.7K – $142.2K
NOI $8,532 @ 7.0% cap · market cap 1,066.50%
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
1,974
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 22%
Electronics 3%
Wendy's
Dining
24,438 visits/mo
0.2 miles
McDonald's
Dining
22,065 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,353 visits/mo
0.3 miles
AutoZone
Shops & Services
7,230 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,491 visits/mo
0.2 miles
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - Open layout includes a bathroom and elevated office area for flexible commercial use.
Where is this retail space located?
The property is located at 5748 CHESTNUT STREET #1F Philadelphia, PA.
What are key features of this property?
This property features: 500‑square‑foot retail space; Open floor plan with bathroom; Loft area suitable for office use
