Mixed-Use Building with Four
New
For Sale
$795,000
7153-55 GERMANTOWN AVENUE, Philadelphia, PA 19119
A commercial storefront sits beneath four apartments, with shared laundry facilities serving the residential units.
Property Size5,500 SF
Price / SF$144.55
Days on Market3
Property Features for 7153-55 GERMANTOWN AVENUE
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Commercial
Site & Location
Neighborhood
East Mount Airy
Road Access
Yes
Public Transit
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
2 x studio, 2 x 2BR/1BA
Multifamily Units
4
Additional Details
Cap Rate
7.5%
Tenant in Place
Yes
Amenities
common area laundry room
Building Details
Year Built
1915
Buildings
1
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Noah S Ostroff · License #RS308424
(215) 392-0230
Source:
Cummingsrealtors
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 2:46PM
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 KW Empower
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use building at 7153-55 Germantown Avenue combines a commercial storefront with four apartments above. The residential mix includes two studio units and two two-bedroom, one-bathroom apartments. A shared laundry room with multiple machines serves the residents. The building contains 5,500 square feet and was built in 1915.
The property is on Germantown Avenue in Philadelphia’s West Mt. Airy business district. Regional rail stations and Wissahickon Valley Park are identified as nearby amenities.
The property is on Germantown Avenue in Philadelphia’s West Mt. Airy business district. Regional rail stations and Wissahickon Valley Park are identified as nearby amenities.
Key Highlights
- Storefront with an established, long‑term commercial tenant
- Four apartments: two studios and two two‑bedroom, one‑bathroom units
- Shared laundry room with multiple machines
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,340
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,800
$1.3M
Cap Rate 7%
$933,429
$933.4K
Cap Rate 9%
$726,000
$726.0K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$118.8K $21.60/SF
− Vacancy
−$14.3K −$2.59/SF
EGI
$104.5K $19.01/SF
− OpEx
−$39.2K −$7.13/SF
NOI
$65.3K $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%
$1,306,800
Cap Rate 7%
$933,429
Cap Rate 9%
$726,000
Alternative Uses
Best Use
Apartment 5plus
$1.24M
$1.08M – $1.44M
NOI $86,512 @ 7.0% cap · market cap 10.88%
Second Best
Mixed Use
$933.4K
$816.8K – $1.09M
NOI $65,340 @ 7.0% cap · market cap 8.22%
Theoretical Best
Multifamily LT 5
$1.34M
$1.17M – $1.56M
NOI $93,857 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
948
Businesses Nearby
Explore this area
Business Placement
Demographics for 19119, PA
27,265
Population
13,909
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
8,019
Density / Sq Mi
$81,609
Median Household Income
$54,598
Median Earnings
$1,291
Median Rent
$326,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial storefront sits beneath four apartments, with shared laundry facilities serving the residential units.
Where is this mixed-use property located?
The property is located at 7153-55 GERMANTOWN AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Storefront with an established, long‑term commercial tenant; Four apartments: two studios and two two‑bedroom, one‑bathroom units; Shared laundry room with multiple machines
