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Corner Beer Deli Building with Apartment
For Sale
$450,000

6500 PASCHALL AVENUE, Philadelphia, PA 19142

Corner retail building with a beer deli ground floor, seating upstairs, and a separate-access two-bedroom apartment.

Property Size3,300 SF
Price / SF$136.36
Days on Market95

Property Features for 6500 PASCHALL AVENUE

General Information

Standard status Active
Size 3,300 SF
Property subtype Business

Site & Location

Neighborhood Southwest Philadelphia

Additional Details

Business Included Yes
Liquor License Yes
Multifamily Units 1

Amenities

seven-door cooler
well-equipped kitchen
bulletproof glass
seating area on second floor
two-bedroom apartment
separate entrance
driveway

Building Details

Year Built 1925
Stories 3
Listing Agency: PK PROPERTY INC.
Listed By: Peter Han · License #RM422904
Source: Cummingsrealtors
Added: Jul 22 Changed: Oct 23 Last Checked: Oct 23 at 8:01AM

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 PK PROPERTY INC.

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Investment Insights

Based on property information with market context.

This corner “beer deli” is presented as a three-story commercial building. The ground floor operates as the deli and includes a seven-door cooler, a well-equipped kitchen, and bulletproof glass. The business currently sells items such as beer and candy, rather than prepared food, and operates daily from 10 AM to 10 PM.

The second floor provides seating, while the third floor contains a two-bedroom apartment with its own separate entrance for access when the shop is closed. A driveway along the side and rear of the building supports convenient access, and street parking is available on both sides of the corner.

The package is offered as a combined sale that includes the building, licenses, apartment facilities, and the business operations. The ground-floor setup is designed to support high-volume individual beer unit sales, and the property includes separate functionality for the retail and residential components.

Key Highlights

  • 1925‑built corner retail building with beer deli on the ground floor
  • Ground‑floor beer deli features a seven‑door cooler and well‑equipped kitchen, secured with bulletproof glass
  • Business currently operates 10 AM to 10 PM, owner‑operated with no additional staff; weekly sales average $10,000

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,297
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,940 $745.9K
Cap Rate 7%
$532,814 $532.8K
Cap Rate 9%
$414,411 $414.4K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$59.4K $18.00/SF
− Vacancy
−$6.1K −$1.85/SF
EGI
$53.3K $16.15/SF
− OpEx
−$16.0K −$4.84/SF
NOI
$37.3K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,940
Cap Rate 7%
$532,814
Cap Rate 9%
$414,411

Alternative Uses

Best Use
Retail
$532.8K
$466.2K – $621.6K (±1% cap)
NOI $37,297 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$804.5K
$703.9K – $938.6K (±1% cap)
NOI $56,314 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Lucky Beer Deli Food Market

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

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

Lease Details

1
Residential units
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1,336
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 65% Dining 35%
Dollar General Shops & Services
13,016 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,860 visits/mo 0.4 miles
M&T Bank Shops & Services
2,918 visits/mo 0.3 miles
H&R Block Shops & Services
2,470 visits/mo 0.3 miles
CubeSmart Self Storage Shops & Services
1,182 visits/mo 0.4 miles

Demographics for 19142, PA

29,565
Population
12,943
Households
2.3
Avg Household Size
33
Median Age
13%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
17,391
Density / Sq Mi
$42,812
Median Household Income
$32,763
Median Earnings
$1,269
Median Rent
$110,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Similar Off Market Nearby

  • William Didden Flower Shop — 6401 Lindbergh Blvd., Philadelphia, PA 19142
  • Floraltology LLC. — 2601 S 63rd St, Philadelphia, PA 19142

Frequently Asked Questions

What type of property is this?
Storefront property - Corner retail building with a beer deli ground floor, seating upstairs, and a separate-access two-bedroom apartment.
Where is this storefront property located?
The property is located at 6500 PASCHALL AVENUE 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: 1925‑built corner retail building with beer deli on the ground floor; Ground‑floor beer deli features a seven‑door cooler and well‑equipped kitchen, secured with bulletproof glass; Business currently operates 10 AM to 10 PM, owner‑operated with no additional staff; weekly sales average $10,000
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