6321 GERMANTOWN AVENUE, Philadelphia, PA 19144

Building Details

Building Size 1,582 SF More

Year Built 1915 More

Listing Agency: LPT Realty, LLC

Listed By: Roger V Dickson · License PA RS330594 Show Phone

Source: Desantis-realestate

Added: Jul 17 Changed: Nov 8 Last Checked: Nov 8 at 8:14PM

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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 LPT Realty, LLC

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Investment Insights

Based on property information with market context.

This 1915 mixed-use property pairs an open commercial area on the ground floor with a three-bedroom, one-bathroom apartment above. The commercial space offers a flexible layout, and separate entrances serve the business and residential areas. The apartment includes a living area and kitchen.

The property is located on Germantown Avenue in Philadelphia, along a corridor with access to public transportation and major roadways. Shopping, dining, neighborhood amenities, and parks are also identified in the surrounding area.

Key Highlights

• Ground‑floor commercial space with an open layout
• Three‑bedroom, one‑bathroom apartment on the second floor
• Separate entrances for the commercial and residential areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,818

Cap Rate

7.06%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$416,360 $416.4K

Cap Rate 7%

$297,400 $297.4K

Cap Rate 9%

$231,311 $231.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,582 SF

Gross rent

$34.7K $21.96/SF

− Vacancy

−$7.0K −$4.41/SF

EGI

$27.8K $17.55/SF

− OpEx

−$6.9K −$4.39/SF

NOI

$20.8K $13.16/SF

Area

Philadelphia, PA

Vacancy

20.10%

Lease Rate

$21.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$416,360

Cap Rate 7%

$297,400

Cap Rate 9%

$231,311

Alternative Uses

Best Use

Office B

$297.4K

$260.2K – $347.0K (±1% cap)

NOI $20,818 @ 7.0% cap · market cap 7.06%

Second Best

Mixed Use

$268.5K

$234.9K – $313.2K (±1% cap)

NOI $18,794 @ 7.0% cap · market cap 6.37%

Theoretical Best

Multifamily LT 5

$385.7K

$337.5K – $450.0K (±1% cap)

NOI $26,997 @ 7.0% cap · market cap 9.15%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

A Wonderful World Of Tots ... Daycare Center

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,216

Businesses Nearby

Explore this area Business Placement

Demographics for 19144, PA

44,481

Population

23,583

Households

1.9

Avg Household Size

37

Median Age

35%

College-Educated

90%

High-School Grad

3.6 sq mi

ZIP Area

12,356

Density / Sq Mi

$45,727

Median Household Income

$36,020

Median Earnings

$1,110

Median Rent

$224,600

Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA

$234 Jul

$225 Aug

$209 Sep

$208 Oct

Properties on Market for Mixed-use properties in Philadelphia

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019

14.1% 2020

16.2% 2021

19% 2022

20.5% 2023

19.6% 2024

19.7% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - A street-level commercial space and upper-floor residence have separate entrances.

Where is this mixed-use property located?

The property is located at 6321 GERMANTOWN AVENUE Philadelphia, PA.

What is the asking price?

The asking price for this property is $295,000.

What are key features of this property?

This property features: Ground‑floor commercial space with an open layout; Three‑bedroom, one‑bathroom apartment on the second floor; Separate entrances for the commercial and residential areas