Three-Story Medical Office
For Sale
Contact for pricing
5803 CHEW AVENUE, Philadelphia, PA 19138
Healthcare-oriented suites feature shared reception, conference, kitchen, break-room, and outdoor gathering areas.
Property Size600 SF
Price / SF$0.03
Days on Market57
Property Features for 5803 CHEW AVENUE
General Information
Standard status
Active
Size
600 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
conference room
shared kitchen
break room
outdoor space
reception and lounge
Building Details
Year Built
1900
Buildings
1
Stories
3
Listing Agency:
Mosaic Brokerage Group, LLC
(215) 921-8107
Listed By:
Shelli L Katrina · License #RS279182
(267) 577-7024
Source:
Cummingsrealtors
Added: Aug 23
Changed: Oct 16
Last Checked: Oct 16 at 8:43AM
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 Mosaic Brokerage Group, LLC
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Investment Insights
Based on property information with market context.
This three-story medical office property provides space for healthcare and wellness practices, with configurations ranging from individual practitioner rooms to adjoining exam or client rooms. Visitors are received through a centralized entrance serving a reception, lounge, and waiting area. Shared amenities include a conference room, kitchen, coffee area, and break-room space.
The property includes outdoor space suitable for company or client gatherings, while monthly private gated parking is available. SEPTA bus Routes 26 and 18 operate along nearby Chelten Avenue and Chew Avenue. Regional access is supported by Routes 1 and 76, along with Lincoln Drive, Kelly Drive, River Drive, and Wissahickon Avenue.
An approximately 1,104-square-foot loft-style area is planned for the entire third floor. The building dates to 1900 and is located at 5803 Chew Avenue in Philadelphia.
The property includes outdoor space suitable for company or client gatherings, while monthly private gated parking is available. SEPTA bus Routes 26 and 18 operate along nearby Chelten Avenue and Chew Avenue. Regional access is supported by Routes 1 and 76, along with Lincoln Drive, Kelly Drive, River Drive, and Wissahickon Avenue.
An approximately 1,104-square-foot loft-style area is planned for the entire third floor. The building dates to 1900 and is located at 5803 Chew Avenue in Philadelphia.
Key Highlights
- Three‑story medical office property serving healthcare and wellness practices
- Centralized entry with reception, lounge, and waiting area
- Shared conference room, kitchen, coffee area, and break‑room space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,776
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,520
$155.5K
Cap Rate 7%
$111,086
$111.1K
Cap Rate 9%
$86,400
$86.4K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$14.4K $24.00/SF
− Vacancy
−$1.4K −$2.40/SF
EGI
$13.0K $21.60/SF
− OpEx
−$5.2K −$8.64/SF
NOI
$7.8K $12.96/SF
Area
Philadelphia, PA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,520
Cap Rate 7%
$111,086
Cap Rate 9%
$86,400
Alternative Uses
Best Use
Office B
$112.8K
$98.7K – $131.6K
NOI $7,896 @ 7.0% cap · market cap 46,447.06%
Second Best
Healthcare Medical
$111.1K
$97.2K – $129.6K
NOI $7,776 @ 7.0% cap · market cap 45,741.18%
Theoretical Best
Multifamily LT 5
$146.3K
$128.0K – $170.7K
NOI $10,239 @ 7.0% cap · market cap 60,229.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19138, PA
31,816
Population
13,836
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
1.8 sq mi
ZIP Area
17,676
Density / Sq Mi
$51,586
Median Household Income
$36,956
Median Earnings
$1,172
Median Rent
$167,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Philadelphia, PA
Similar Off Market Nearby
- Wyncote Animal Hospital — 6701 Wyncote Ave, Philadelphia, PA 19138
Frequently Asked Questions
What type of property is this?
Medical Office Space - Healthcare-oriented suites feature shared reception, conference, kitchen, break-room, and outdoor gathering areas.
Where is this medical office space located?
The property is located at 5803 CHEW AVENUE Philadelphia, PA.
What are key features of this property?
This property features: Three‑story medical office property serving healthcare and wellness practices; Centralized entry with reception, lounge, and waiting area; Shared conference room, kitchen, coffee area, and break‑room space
