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Corner Retail Storefront
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7416 Frankford Ave, Philadelphia, PA 19136

CMX-2 zoning and layered interior space support a range of commercial configurations.

Property Size5,000 SF
Price / SF$197.80
Days on Market510

Property Features for 7416 Frankford Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype RETAIL
Zoning CMX-2

Additional Details

Corner Location Yes
Listing Agency: Capital Commercial Real Estate Group
Listed By: Christopher Armas · License #332049
Source: Moodyscre
Added: Mar 10, 2025 Changed: Jul 31 Last Checked: Aug 1 at 2:17PM

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 Capital Commercial Real Estate Group

Investment Insights

Based on property information with market context.

Corner storefront property on Frankford Ave with a 3,700-square-foot main floor and approximately 5,000 square feet across the mezzanine and lower level. The property is zoned CMX-2 and includes street parking availability.

Located at 7416 Frankford Ave in Philadelphia, the building fronts a main road within a commercial corridor. The corner positioning provides exposure to passing road traffic, while the combination of main-floor, mezzanine, and lower-level space offers a multi-level layout for retail or other commercial use.

Key Highlights

  • 3,700‑square‑foot main floor
  • Approximately 5,000 square feet across mezzanine and lower level
  • CMX‑2 zoning

Financial Insights For Retail

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 $90.0k $18.00
− Vacancy −$9.3k −$1.85
EGI $80.7k $16.15
− OpEx −$24.2k −$4.84
NOI $56.5k $11.30
5,000 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$807.3K
$706.4K – $941.9K (±1% cap)
NOI $56,511 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,324 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mayfair Fitness Gym & Fitness Center

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,484
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Dining 31% Electronics 7% Home Improvements & Furnishings 3%
Wawa Shops & Services
21,105 visits/mo 0.2 miles
Dunkin' Donuts Dining
15,888 visits/mo 0.1 miles
Family Dollar Shops & Services
5,065 visits/mo 0.2 miles
7-Eleven Shops & Services
4,690 visits/mo 0.4 miles
Citizens Bank Shops & Services
4,132 visits/mo 0.2 miles

Demographics for 19136, PA

39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • The training workshop LLC — 8022 Frankford Ave, Philadelphia, PA 19136
  • Stein Your Florist Co. — 7059 Frankford Ave #1605, Philadelphia, PA 19135

Frequently Asked Questions

What type of property is this?
Storefront property - CMX-2 zoning and layered interior space support a range of commercial configurations.
Where is this storefront property located?
The property is located at 7416 Frankford Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: 3,700‑square‑foot main floor; Approximately 5,000 square feet across mezzanine and lower level; CMX‑2 zoning
(561) 945-2346 Call to check price and availability
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