Three-Story Mixed-Use with Retail and
6009 Market Street Philadelphia, PA 19139
For Sale
$497,000
Three-story mixed-use property with ground-floor retail and two one-bedroom apartments, newly renovated and never occupied.
Property Size2,427 SF
Price / SF$204.78
Days on Market151
Property Features for 6009 Market Street
General Information
- Standard status
- Active
- Size
- 2,427 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
Keller Williams Real Estate - Media
(267) 784-0037
Listed By:
Nafisa Bunch · License #RS330255
(267) 784-0037
Source:
Compass
Added: Feb 22
Changed: Jul 23
Last Checked: Jul 23 at 10:37AM
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 Keller Williams Real Estate - Media
Investment Insights
Based on property information with market context.
Newly renovated and never occupied, this three-story mixed-use property at 6009 Market Street is designed for flexible use. The ground level provides a commercial space suitable for a variety of business operations, while the second and third floors each feature a one-bedroom apartment.
Each residential unit includes its own security system and in-unit stackable washer and dryer. Water and electric are separately metered, which can simplify management for ownership.
The property includes brand-new systems and modern finishes throughout. Public transportation access is highlighted as well, with a metro/subway station and a bus stop located less than 1 mile away, and an airport less than 10 miles away. Floorplans are scheduled to be uploaded on or before March 11, 2026.
Each residential unit includes its own security system and in-unit stackable washer and dryer. Water and electric are separately metered, which can simplify management for ownership.
The property includes brand-new systems and modern finishes throughout. Public transportation access is highlighted as well, with a metro/subway station and a bus stop located less than 1 mile away, and an airport less than 10 miles away. Floorplans are scheduled to be uploaded on or before March 11, 2026.
Key Highlights
- Three‑story mixed‑use property with ground‑floor commercial space and two separate 1‑bedroom apartments
- Newly renovated and never occupied
- Each residential unit includes a security system and in‑unit stacked washer/dryer
Financial Insights For Multifamily LT 5
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 | $62.6k | $25.80 |
| − Vacancy | −$3.5k | −$1.42 |
| EGI | $59.2k | $24.38 |
| − OpEx | −$17.7k | −$7.31 |
| NOI | $41.4k | $17.06 |
2,427 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$591.7K
$517.7K – $690.3K
NOI $41,416 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$545.4K
$477.2K – $636.3K
NOI $38,176 @ 7.0% cap · market cap 7.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Deed Doctor
Real Estate Agency
FAQs
What type of property is this?
Mixed-use property - Three-story mixed-use property with ground-floor retail and two one-bedroom apartments, newly renovated and never occupied.
Where is this mixed-use property located?
The property is located at 6009 Market Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $497,000.
What are key features of this property?
This property features: Three‑story mixed‑use property with ground‑floor commercial space and two separate 1‑bedroom apartments; Newly renovated and never occupied; Each residential unit includes a security system and in‑unit stacked washer/dryer
