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    Grocery-Style Storefront Retail Space Title is generated by Realmo AI

    32-Market N 60th St N, Philadelphia, PA 19139

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    For Sale
    $350,000

    For sale storefront retail space well-suited for neighborhood retail and convenience-oriented concepts.

    Property size:
    2,009 SF
    Price / SF:
    $174/SF
    Added:
    Apr 2, 2026
    Days on Market:
    83
    Last Refresh:
    Jun 23 at 1:59 am

    Property Features for 32-Market N 60th St N

    General Information

    Standard status
    Active
    Size
    2,009 SF

    Building Details

    Year Built
    1920

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    Listing Contact
    Susan Ear

    Listing agent Susan Ear

    Listing office

    Listing date Apr 2, 2026

    Source Evrealestate

    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 Susan Ear

    HighLights

    • Hot water and natural gas heating
    • Year built: 1920
    • On‑street parking
    • View: street
    • Storefront retail space suited for neighborhood retail and convenience‑oriented concepts

    Overview

    This for-sale storefront retail space is configured as a grocery and convenience-focused environment, offering approximately 2,009 square feet of usable area. The property is positioned as a retail storefront opportunity within the broader category of retail spaces.

    The property is located at 32-Market N 60th St N in Philadelphia, PA 19139, in Philadelphia County. Directions provided are from North on Market Street, making a left on 60th Street.

    The tenant or buyer fit is best aligned with uses that benefit from a direct storefront setup for everyday shopping and convenience-based retail. With its dedicated retail orientation and storefront character, the space can be considered for operators looking for a compact footprint to support neighborhood-based foot traffic. This is an opportunity to acquire a retail storefront property priced for ownership within the retail and commercial real estate market.

    Local Financial Insights For Specialty 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 $42.2k $21.00
    − Vacancy −$3.4k −$1.68
    EGI $38.8k $19.32
    − OpEx −$9.7k −$4.83
    NOI $29.1k $14.49
    2,009 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $415.9K
    $363.9K – $485.2K (±1% cap)
    NOI $29,110 @ 7.0% cap · market cap 8.32%
    Second Best
    Retail
    $324.4K
    $283.8K – $378.4K (±1% cap)
    NOI $22,706 @ 7.0% cap · market cap 6.49%
    Theoretical Best
    Multifamily LT 5
    $489.8K
    $428.5K – $571.4K (±1% cap)
    NOI $34,283 @ 7.0% cap · market cap 9.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Chestnut Hill Flower & Garden — 7639 Germantown Ave, Philadelphia, PA 19118
    • Flower store — 8505 Germantown Ave, Philadelphia, PA 19118

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2022308
    Latitude
    40.0762417

    FAQs

    What type of property is this?
    Storefront property - For sale storefront retail space well-suited for neighborhood retail and convenience-oriented concepts.
    Where is this storefront property located?
    The property is located at 32-Market N 60th St N Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Hot water and natural gas heating; Year built: 1920; On‑street parking
    More about this property
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