Mixed-Use Retail Apartment
826 North Broad Street Philadelphia, PA 19130
For Sale
$1,500,000
Fully occupied mixed-use building with four residential units and one ground-floor commercial space.
Property Size7,399 SF
Lot Size0.05 Acres
Price / SF$202.73
Days on Market186
Property Features for 826 North Broad Street
General Information
- Standard status
- Active
- Size
- 7,399 SF
- Lot size
- 0.05 Acres
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2014
Listing Agency:
Acquisition Team LLC
(856) 214-5397
Listed By:
Eugene Zlotnikov · License #RS319486
(856) 214-5397
Source:
Compass
Added: Jan 19
Changed: Jul 23
Last Checked: Jul 23 at 4:37PM
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 Acquisition Team LLC
Investment Insights
Based on property information with market context.
826 N Broad St is a fully occupied, mixed-use investment property consisting of five total units: four residential apartments and one ground-floor commercial space. The building totals approximately 7,399 SF and sits on a 2,000 SF lot.
The property is located along the North Broad Street corridor in Philadelphia. It is described as being on a highly trafficked street with strong visibility, with public transportation access and proximity to Center City and Temple University.
The building is zoned CMX-4, providing for flexible commercial and mixed-use opportunities. It is currently 100% occupied, with diversified income from the residential and ground-floor commercial components.
The property is located along the North Broad Street corridor in Philadelphia. It is described as being on a highly trafficked street with strong visibility, with public transportation access and proximity to Center City and Temple University.
The building is zoned CMX-4, providing for flexible commercial and mixed-use opportunities. It is currently 100% occupied, with diversified income from the residential and ground-floor commercial components.
Key Highlights
- Fully occupied 5‑unit mixed‑use building with 4 residential apartments and 1 ground‑floor commercial space
- Approximately 7,399 SF building on a 2,000 SF lot
- Built in 2014
Financial Insights For Apartment 5plus
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 | $224.6k | $30.36 |
| − Vacancy | −$13.0k | −$1.76 |
| EGI | $211.6k | $28.60 |
| − OpEx | −$95.2k | −$12.87 |
| NOI | $116.4k | $15.73 |
7,399 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.66M
$1.45M – $1.94M
NOI $116,383 @ 7.0% cap · market cap 7.76%
Second Best
Retail
$1.19M
$1.05M – $1.39M
NOI $83,625 @ 7.0% cap · market cap 5.58%
Theoretical Best
Multifamily LT 5
$1.80M
$1.58M – $2.10M
NOI $126,263 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fight Club Philadelphia
Gym & Fitness Center
Watchmen Property Management
Property Management Company
FAQs
What type of property is this?
Residential income property - Fully occupied mixed-use building with four residential units and one ground-floor commercial space.
Where is this residential income property located?
The property is located at 826 North Broad Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully occupied 5‑unit mixed‑use building with 4 residential apartments and 1 ground‑floor commercial space; Approximately 7,399 SF building on a 2,000 SF lot; Built in 2014
