Three-Story Mixed-Use
6009 Market St Philadelphia, PA 19139
New
6009 Market St, Philadelphia, PA, 19139
$450,000
For Sale
$450,000
Newly renovated three-story mixed-use building with ground-floor commercial space and two one-bedroom apartments.
Property Size3,262 SF
Price / SF$137.95
Days on Market2
Property Features for 6009 Market St
General Information
- Standard status
- Active
- Size
- 3,262 SF
Building Details
- Year Built
- 1915
Listing agency
Keller Williams Main Line
(267) 784-0037
Listed by
Nafisa Bunch · License #RS330255
Source
Kandorre
Added: Jul 22 Updated: Jul 23 at 3:50AM Checked: Jul 23 at 3:50AM
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 Main Line
Investment Insights
Based on property information with market context.
This newly renovated three-story mixed-use property has been updated and is reported as never occupied. The ground level provides a commercial space designed to accommodate a variety of business uses, while the second and third floors each feature a one-bedroom apartment. Each apartment includes its own security system and an in-unit stackable washer and dryer.
Water and electric are separately metered, which can simplify management for ownership. The property is also described as easily accessible by SEPTA for travel to Center City or the suburbs.
With brand-new systems and modern finishes throughout, the layout supports both commercial and residential income in a West Philadelphia setting.
Water and electric are separately metered, which can simplify management for ownership. The property is also described as easily accessible by SEPTA for travel to Center City or the suburbs.
With brand-new systems and modern finishes throughout, the layout supports both commercial and residential income in a West Philadelphia setting.
Key Highlights
- Newly renovated three‑story mixed‑use building (built 1915) with ground‑floor commercial space and two one‑bedroom apartments
- Ground level designed for commercial use with second and third floors each featuring a one‑bedroom apartment
- Each residential unit includes a security system and in‑unit stackable washer/dryer
Local Financial Insights For Retail
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 | $58.7k | $18.00 |
| − Vacancy | −$6.0k | −$1.85 |
| EGI | $52.7k | $16.15 |
| − OpEx | −$15.8k | −$4.84 |
| NOI | $36.9k | $11.30 |
3,262 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$795.2K
$695.8K – $927.8K
NOI $55,666 @ 7.0% cap · market cap 12.37%
Second Best
Apartment 5plus
$733.0K
$641.4K – $855.2K
NOI $51,310 @ 7.0% cap · market cap 11.40%
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
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly renovated three-story mixed-use building with ground-floor commercial space and two one-bedroom apartments.
Where is this duplex located?
The property is located at 6009 Market St Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Newly renovated three‑story mixed‑use building (built 1915) with ground‑floor commercial space and two one‑bedroom apartments; Ground level designed for commercial use with second and third floors each featuring a one‑bedroom apartment; Each residential unit includes a security system and in‑unit stackable washer/dryer
