Ogontz Avenue Mixed-Use
7520 Ogontz Ave Philadelphia, PA 19138
For Sale
$300,000
High-visibility live-work asset on Ogontz Avenue.
Property Size1,800 SF
Price / SF$166.67
Days on Market81
Property Features for 7520 Ogontz Ave
General Information
- Standard status
- Active
- Size
- 1,800 SF
Listing Agency:
PK PROPERTY INC.
(267) 471-9001
Listed By:
Anthony Seo
(267) 471-9001
Source:
Exprealty
Added: May 6
Changed: Jul 10
Last Checked: Jul 25 at 12:04PM
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 PK PROPERTY INC.
Investment Insights
Based on property information with market context.
This mixed-use property is located on a bustling section of Ogontz Avenue. The first floor features approximately 1,800 sq. ft. of commercial space suitable for various businesses, including professional services such as a law firm, accounting office, or insurance agency. It is also well-suited for personal care services like a hair salon or nail studio, retail businesses such as a convenience store, pizza shop, ice cream shop, bakery, or coffee shop, or services like dry cleaning or tailoring, artisan workshops, craft studios, and photography studios. The second floor apartment includes 3 bedrooms, 2 full bathrooms, a large living room, and a full kitchen, offering rental income potential or a residence for an owner-operator. The property is located minutes from Route 309, providing access to Montgomery County and the PA Turnpike, and is near Cedarbrook Plaza and Cheltenham Avenue shopping centers. It also offers proximity to SEPTA bus lines and the Stenton Regional Rail station.
Key Highlights
- Prime Ogontz Avenue location with high visibility and foot traffic, ideal for business exposure.
- Mixed‑use property offering both commercial (1,800 sq ft) and residential (3 bedrooms, 2 full baths) opportunities.
- Ground‑floor retail space suitable for various businesses.
Financial Insights For Mixed Use
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 | $38.9k | $21.60 |
| − Vacancy | −$4.7k | −$2.59 |
| EGI | $34.2k | $19.01 |
| − OpEx | −$12.8k | −$7.13 |
| NOI | $21.4k | $11.88 |
1,800 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$305.5K
$267.3K – $356.4K
NOI $21,384 @ 7.0% cap · market cap 7.13%
Second Best
Retail
$290.6K
$254.3K – $339.1K
NOI $20,344 @ 7.0% cap · market cap 6.78%
Theoretical Best
Multifamily LT 5
$438.8K
$384.0K – $512.0K
NOI $30,717 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Mixed-use property - High-visibility live-work asset on Ogontz Avenue.
Where is this mixed-use property located?
The property is located at 7520 Ogontz Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Prime Ogontz Avenue location with high visibility and foot traffic, ideal for business exposure.; Mixed‑use property offering both commercial (1,800 sq ft) and residential (3 bedrooms, 2 full baths) opportunities.; Ground‑floor retail space suitable for various businesses.
