Two-Space Mixed-Use
For Sale
$400,000
6101 W THOMPSON STREET, Philadelphia, PA 19151
The property contains two spaces and carries a CMX1 designation.
Property Size2,208 SF
Days on Market18
Property Features for 6101 W THOMPSON STREET
General Information
Standard status
Active
Size
2,208 SF
Property subtype
Duplex
Zoning
CMX1
Taxes and HOA fees
Annual Taxes
$2,397
Building Details
Building Size
2,208 SF
Year Built
1910
Listing Agency:
Keller Williams Real Estate Tri-County
Listed By:
Eri Caridad Espinal · License #2670136
(267) 809-2627
Source:
Patmckennarealtors
Added: Oct 5
Changed: Oct 21
Last Checked: Oct 21 at 6:55AM
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 Tri-County
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Investment Insights
Based on property information with market context.
This mixed-use property comprises two spaces and is identified with CMX1 zoning. The building dates to 1910 and is located at 6101 W Thompson Street in Philadelphia.
Key Highlights
- Two spaces within a mixed‑use property
- CMX1 zoning designation
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,231
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,620
$524.6K
Cap Rate 7%
$374,729
$374.7K
Cap Rate 9%
$291,456
$291.5K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$47.7K $21.60/SF
− Vacancy
−$5.7K −$2.59/SF
EGI
$42.0K $19.01/SF
− OpEx
−$15.7K −$7.13/SF
NOI
$26.2K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,620
Cap Rate 7%
$374,729
Cap Rate 9%
$291,456
Alternative Uses
Best Use
Mixed Use
$374.7K
$327.9K – $437.2K
NOI $26,231 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$538.3K
$471.0K – $628.0K
NOI $37,679 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
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Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property contains two spaces and carries a CMX1 designation.
Where is this mixed-use property located?
The property is located at 6101 W THOMPSON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two spaces within a mixed‑use property; CMX1 zoning designation; Built in 1910
