Mixed-Use Property with
For Sale
$389,900
7319 RISING SUN AVENUE, Philadelphia, PA 19111
Three-level mixed-use building with renovated office space, residential accommodations, and commercial zoning flexibility.
Property Size3,300 SF
Price / SF$324.92
Days on Market115
Property Features for 7319 RISING SUN AVENUE
General Information
Standard status
Active
Size
3,300 SF
Total Parking Spaces
5
Property subtype
MixedUse
Zoning
CMX-1
Additional Details
Gross Income
$48,000
Office Units
1
Taxes and HOA fees
Annual Taxes
$5,645
Building Details
Building Size
3,300 SF
Year Built
1953
Year Renovated
2016
Buildings
1
Stories
3
Tenancy
Single
Listing Agency:
Alan Shorr Real Estate Inc.
Listed By:
Alan Shorr · License #RM421226
(215) 722-5000
Source:
Lizclarkrealestate
Added: Jun 17
Changed: Oct 9
Last Checked: Oct 7 at 5:43PM
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 Alan Shorr Real Estate Inc.
Investment Insights
Based on property information with market context.
This three-level mixed-use property at 7319 Rising Sun Avenue includes a 1,200-square-foot first-floor office renovated in 2016, a 1,000-square-foot second floor with two bedrooms, one full bathroom, kitchen, and living room, plus a 600-square-foot unfinished third-floor apartment, studio, or workspace. The first and second floors are currently leased to Family Financial Services through August 1st, 2026. A five-car parking lot is located behind the building.
The property sits 1/2 block from the Five Points intersection of Rising Sun, Cottman, and Oxford avenues in Philadelphia. CMX-1 zoning supports a range of stated commercial applications, including retail, salon, dry cleaning, grocery, restaurant, café, professional office, gift shop, and hardware uses, with residential space above commercial areas.
The property sits 1/2 block from the Five Points intersection of Rising Sun, Cottman, and Oxford avenues in Philadelphia. CMX-1 zoning supports a range of stated commercial applications, including retail, salon, dry cleaning, grocery, restaurant, café, professional office, gift shop, and hardware uses, with residential space above commercial areas.
Key Highlights
- 1,200 sq ft renovated first‑floor office completed in 2016
- 1,000 sq ft second floor with 2 bedrooms and 1 full bathroom
- 600 sq ft unfinished third‑floor apartment, studio, or workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,673
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,460
$393.5K
Cap Rate 7%
$281,043
$281.0K
Cap Rate 9%
$218,589
$218.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$31.7K $26.40/SF
− Vacancy
−$5.4K −$4.54/SF
EGI
$26.2K $21.86/SF
− OpEx
−$6.6K −$5.46/SF
NOI
$19.7K $16.39/SF
Area
ZIP 19111
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,460
Cap Rate 7%
$281,043
Cap Rate 9%
$218,589
Alternative Uses
Best Use
Office B
$281.0K
$245.9K – $327.9K
NOI $19,673 @ 7.0% cap · market cap 5.05%
Second Best
Mixed Use
$231.4K
$202.5K – $270.0K
NOI $16,200 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$363.8K
$318.4K – $424.5K
NOI $25,468 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,235
Businesses Nearby
Explore this area
Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
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Market
Vacancy Rate% for Office in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-level mixed-use building with renovated office space, residential accommodations, and commercial zoning flexibility.
Where is this mixed-use property located?
The property is located at 7319 RISING SUN AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 1,200 sq ft renovated first‑floor office completed in 2016; 1,000 sq ft second floor with 2 bedrooms and 1 full bathroom; 600 sq ft unfinished third‑floor apartment, studio, or workspace
