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Mixed-Use Building with Office Units

7319 Rising Sun Ave Philadelphia, PA 19111

7319 Rising Sun Ave, Philadelphia, PA, 19111
$409,900
For Sale
$409,900

Mixed-use property with renovated office space and leased residential units, plus parking behind the building.

Property Size2,800 SF
Price / SF$146.39
Days on Market37

Property Features for 7319 Rising Sun Ave

General Information

Standard status
Active
Size
2,800 SF
Listing agency Realty Mark Cityscape-Huntingdon Valley
Listed by Brian Vartanian
Source Exprealty
Added: Jun 17 Updated: Jul 22 at 3:13PM Checked: Jul 22 at 3:13PM

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 Realty Mark Cityscape-Huntingdon Valley


Investment Insights

Based on property information with market context.

This mixed-use property includes three levels. The first floor offers a completely renovated office space of 1,200 square feet, currently leased to Family Financial Services, and the lease ends August 1st, 2026. The second floor provides 1,000 square feet with two bedrooms, one full bathroom, a kitchen, and a living room, also currently leased to Family Financial Services with the same lease end date. The third floor consists of a 600 square foot unfinished apartment/studio/workspace.

The property includes a five-car parking lot behind the building. Public remarks note the building is about a half block from the Five Points intersection of Rising Sun and Cottman Ave and Oxford Ave.

The property is described as being within CMX-1 zoning, which allows a range of commercial uses. Public remarks list examples including retail uses, professional office space (including for an attorney, real estate professional, or accountant), and certain service and dining uses, along with various residential units above commercial spaces that support an urban mixed-use character.

Key Highlights

  • Mixed‑use building with CMX‑1 zoning and multiple allowed commercial uses
  • 1st floor: 1,200 SF office space renovated in 2016; leased for $2,200/month through Aug 1, 2026
  • 2nd floor: 1,000 SF unit with 2 bedrooms and 1 full bath; leased for $1,800/month through Aug 1, 2026

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $55.4k $19.80
− Vacancy −$1.7k −$0.62
EGI $53.7k $19.18
− OpEx −$16.1k −$5.75
NOI $37.6k $13.43
2,800 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%

Alternative Uses

Best Use
Office B
$655.8K
$573.8K – $765.1K (±1% cap)
NOI $45,904 @ 7.0% cap · market cap 11.20%
Second Best
Mixed Use
$540.0K
$472.5K – $630.0K (±1% cap)
NOI $37,800 @ 7.0% cap · market cap 9.22%
Theoretical Best
Office A
$848.9K
$742.8K – $990.4K (±1% cap)
NOI $59,425 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Family Financial Services ... Tax Preparation

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Dental Office Building Supply Grocery & Convenience Store Computer & Electronic Repair Storage Facility (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with renovated office space and leased residential units, plus parking behind the building.
Where is this mixed-use property located?
The property is located at 7319 Rising Sun Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Mixed‑use building with CMX‑1 zoning and multiple allowed commercial uses; 1st floor: 1,200 SF office space renovated in 2016; leased for $2,200/month through Aug 1, 2026; 2nd floor: 1,000 SF unit with 2 bedrooms and 1 full bath; leased for $1,800/month through Aug 1, 2026
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