Modern Masonry
For Sale
Contact for pricing
818 N 4TH STREET #COMM, Philadelphia, PA 19123
Masonry construction and a flexible interior layout support a broad range of commercial uses.
Property Size1,548 SF
Price / SF$2.52
Days on Market72
Property Features for 818 N 4TH STREET #COMM
General Information
Standard status
Active
Size
1,548 SF
Property subtype
Commercial
Site & Location
Neighborhood
Fabric Row
Building Details
Year Built
2017
Construction
masonry
Listing Agency:
Penn-Jersey Realty, LLC
(215) 639-4800
Listed By:
James A. Olivieri · License #1222448
(267) 339-4341
Source:
Cummingsrealtors
Added: Aug 14
Changed: Oct 23
Last Checked: Oct 23 at 9:11AM
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 Penn-Jersey Realty, LLC
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Investment Insights
Based on property information with market context.
This storefront property offers 1,548 square feet of masonry construction completed in 2017. The interior is described as clean and adaptable, providing a commercial layout suited to a broad range of uses. The property is located at 818 N 4th Street in Philadelphia, Pennsylvania, and includes on-street parking for occupants and customers.
The property carries no association fees. Its storefront format, recent construction date, and flexible interior provide a straightforward commercial setting for an owner-user or other business operation.
The property carries no association fees. Its storefront format, recent construction date, and flexible interior provide a straightforward commercial setting for an owner-user or other business operation.
Key Highlights
- 1,548‑square‑foot storefront property
- Masonry construction completed in 2017
- Clean, flexible interior layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,496
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,920
$349.9K
Cap Rate 7%
$249,943
$249.9K
Cap Rate 9%
$194,400
$194.4K
Market Conditions
NOI Build-Up for 1,548 SF
Gross rent
$27.9K $18.00/SF
− Vacancy
−$2.9K −$1.85/SF
EGI
$25.0K $16.15/SF
− OpEx
−$7.5K −$4.84/SF
NOI
$17.5K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,920
Cap Rate 7%
$249,943
Cap Rate 9%
$194,400
Alternative Uses
Best Use
Retail
$249.9K
$218.7K – $291.6K
NOI $17,496 @ 7.0% cap · market cap 448.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$377.4K
$330.2K – $440.3K
NOI $26,416 @ 7.0% cap · market cap 677.33%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,467
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Groceries 24%
Shops & Services 13%
Beauty & Spa 8%
Dunkin' Donuts
Dining
14,001 visits/mo
0.5 miles
ACME Markets
Groceries
12,615 visits/mo
0.4 miles
Kung Fu Tea
Dining
7,072 visits/mo
0.4 miles
TD Bank
Shops & Services
6,416 visits/mo
0.3 miles
Starbucks
Dining
6,328 visits/mo
0.5 miles
Demographics for 19123, PA
18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Storefront property - Masonry construction and a flexible interior layout support a broad range of commercial uses.
Where is this storefront property located?
The property is located at 818 N 4TH STREET #COMM Philadelphia, PA.
What are key features of this property?
This property features: 1,548‑square‑foot storefront property; Masonry construction completed in 2017; Clean, flexible interior layout
