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First-Floor Retail or Office Unit

818 S 4th Street Unit A Philadelphia, PA 19147

818 S 4th Street Unit A, Philadelphia, PA, 19147
$279,900
For Sale
Claim this Listing
$279,900

Light-filled first-floor space with large retail windows, high ceilings, new track lighting, and a newly installed powder room.

Property Size960 SF
Price / SF$291.56
AddedJun 5
Days on Market41
Last RefreshJul 11 at 1:52 am

Property Features for 818 S 4th Street Unit A

General Information

Standard status
Active
Size
960 SF
Property subtype
Multi-Family

Building Details

Year Built
1900

Listing office KW Empower

Listing date Jun 5, 2026

Source Xome

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 KW Empower


Investment Insights

Based on property information with market context.

This 1st-floor commercial unit (Unit A) offers a bright, open layout suitable for either retail or office use. The space features large retail windows, high ceilings, and newly installed track lighting. A newly installed powder room serves the first floor, while the lower basement level includes a small kitchen area, substantial storage, and a full bathroom. The unit is equipped with central air and electric heat.

The property is located on the 800 block of S 4th St within a mixed residential and commercial setting that includes local businesses such as a yoga studio, fabric store, architects, a video resource business, and an art gallery. The back door opens to a shared courtyard, which can support outdoor meetings and breaks.

The premises is currently operating as a ladies salon under a lease expiring August 31, 2026.

Key Highlights

  • 1st‑floor commercial space totaling 1,100 SF
  • Large retail windows and high ceilings with new track lighting
  • Newly installed powder room on the first floor

Local Financial Insights For Office B

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 $21.1k $21.96
− Vacancy −$4.2k −$4.41
EGI $16.8k $17.55
− OpEx −$4.2k −$4.39
NOI $12.6k $13.16
960 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$180.5K
$157.9K – $210.6K (±1% cap)
NOI $12,633 @ 7.0% cap · market cap 4.51%
Second Best
Retail
$155.0K
$135.6K – $180.8K (±1% cap)
NOI $10,850 @ 7.0% cap · market cap 3.88%
Theoretical Best
Multifamily LT 5
$234.0K
$204.8K – $273.0K (±1% cap)
NOI $16,382 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Nacsport America (Bike/Boat/Book/etc) Store City Wide Brokerage Real Estate Agency City Wide Property ... Real Estate Agency City Wide Keller ... Real Estate Agency Philly Home Hunter Real Estate Agency

Suggested Use

Electrical Service Clothing & Fashion Store Buffet (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Home Appliance Store Butcher Nursing Home Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

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FAQs

What type of property is this?
Storefront property - Light-filled first-floor space with large retail windows, high ceilings, new track lighting, and a newly installed powder room.
Where is this storefront property located?
The property is located at 818 S 4th Street Unit A Philadelphia, PA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 1st‑floor commercial space totaling 1,100 SF; Large retail windows and high ceilings with new track lighting; Newly installed powder room on the first floor
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