Mixed-Use Building with
New
For Sale
$399,900
7106 TORRESDALE AVE, Philadelphia, PA 19135
A salon occupies the commercial space, with two apartments configured above it.
Property Size2,457 SF
Price / SF$162.76
Days on Market7
Property Features for 7106 TORRESDALE AVE
General Information
Standard status
Active
Size
2,457 SF
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
RE/MAX Access
(215) 400-2600
Listed By:
Christopher Thude · License #RS289256
(215) 817-0261
Source:
Towncentermd
Added: Oct 7
Changed: Oct 8
Last Checked: Oct 12 at 7:40PM
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 RE/MAX Access
Investment Insights
Based on property information with market context.
At 7106 Torresdale Avenue, this approximately 2,457-square-foot mixed-use property combines a ground-floor storefront with two residences on the upper level. The commercial space is currently used as a salon and features an open layout, updated flooring, and modern finishes. A brick exterior and storefront signage face Torresdale Avenue.
Each apartment contains one bedroom and one bathroom. Residential features include hardwood floors, updated kitchens, and layouts described as spacious, with natural light. The property is in Philadelphia’s Tacony area, along a commercial corridor with vehicle and pedestrian traffic. Public transportation, major roadways, shopping, dining, and neighborhood amenities are cited nearby.
Each apartment contains one bedroom and one bathroom. Residential features include hardwood floors, updated kitchens, and layouts described as spacious, with natural light. The property is in Philadelphia’s Tacony area, along a commercial corridor with vehicle and pedestrian traffic. Public transportation, major roadways, shopping, dining, and neighborhood amenities are cited nearby.
Key Highlights
- Approximately 2,457 square feet
- Ground‑floor commercial storefront currently operating as a salon
- Two apartments, each with 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,189
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,780
$583.8K
Cap Rate 7%
$416,986
$417.0K
Cap Rate 9%
$324,322
$324.3K
Market Conditions
NOI Build-Up for 2,457 SF
Gross rent
$53.1K $21.60/SF
− Vacancy
−$6.4K −$2.59/SF
EGI
$46.7K $19.01/SF
− OpEx
−$17.5K −$7.13/SF
NOI
$29.2K $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%
$583,780
Cap Rate 7%
$416,986
Cap Rate 9%
$324,322
Alternative Uses
Best Use
Apartment 5plus
$552.1K
$483.1K – $644.1K
NOI $38,647 @ 7.0% cap · market cap 9.66%
Second Best
Mixed Use
$417.0K
$364.9K – $486.5K
NOI $29,189 @ 7.0% cap · market cap 7.30%
Theoretical Best
Multifamily LT 5
$599.0K
$524.1K – $698.8K
NOI $41,928 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,427
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 38%
Dunkin' Donuts
Dining
15,388 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
12,604 visits/mo
0.3 miles
Sunoco
Shops & Services
12,241 visits/mo
0.3 miles
7-Eleven
Shops & Services
4,805 visits/mo
0.2 miles
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A salon occupies the commercial space, with two apartments configured above it.
Where is this mixed-use property located?
The property is located at 7106 TORRESDALE AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Approximately 2,457 square feet; Ground‑floor commercial storefront currently operating as a salon; Two apartments, each with 1 bedroom and 1 bathroom
