Mixed-Use Building with Office
For Sale
$389,900
7319 RISING SUN AVENUE, Philadelphia, PA 19111
Mixed-use property with renovated office space and leased residential units, plus parking behind the building.
Property Size3,300 SF
Price / SF$139.25
Days on Market66
Property Features for 7319 RISING SUN AVENUE
General Information
Standard status
Active
Size
3,300 SF
Total Parking Spaces
8
Zoning
CMX1
Units
Multifamily Units
2
Office Units
1
Taxes and HOA fees
Annual Taxes
$5,645
Amenities
Central Air, Electric
Natural Gas, Forced Air
Gas Water Heater
Private, Lighted, Parking Lot
Building Details
Building Size
3,300 SF
Year Built
1953
Year Renovated
2016
Stories
3
Listing Agency:
Realty Mark Cityscape-Huntingdon Valley
(215) 722-5000
Listed By:
Alan Shorr
(215) 722-5000
Source:
Evrealestate
Added: Jun 20
Changed: Aug 23
Last Checked: Aug 24 at 4:13AM
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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,668
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$693,360
$693.4K
Cap Rate 7%
$495,257
$495.3K
Cap Rate 9%
$385,200
$385.2K
Market Conditions
NOI Build-Up for 2,800 SF
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.
Gross rent
$65.2K $23.28/SF
− Vacancy
−$2.2K −$0.77/SF
EGI
$63.0K $22.51/SF
− OpEx
−$28.4K −$10.13/SF
NOI
$34.7K $12.38/SF
Area
ZIP 19111
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$693,360
Cap Rate 7%
$495,257
Cap Rate 9%
$385,200
Alternative Uses
Best Use
Office B
$655.8K
$573.8K – $765.1K
NOI $45,904 @ 7.0% cap · market cap 11.77%
Second Best
Mixed Use
$540.0K
$472.5K – $630.0K
NOI $37,800 @ 7.0% cap · market cap 9.69%
Theoretical Best
Office A
$848.9K
$742.8K – $990.4K
NOI $59,425 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
2
Residential units
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
Market
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
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 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: 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
