Two-Story Mixed-Use
New
For Sale
$850,000
8419 TORRESDALE AVENUE, Philadelphia, PA 19136
Street-level restaurant space is paired with a renovated two-bedroom apartment upstairs.
Property Size3,000 SF
Price / SF$283.33
Days on Market4
Property Features for 8419 TORRESDALE AVENUE
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Site & Location
Neighborhood
Upper Holmesburg
Building Details
Year Built
1925
Stories
2
Listing Agency:
Keller Williams Real Estate - Newtown
(215) 860-4200
Listed By:
Nigora Davis
(718) 930-4093
Source:
Cummingsrealtors
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 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 Keller Williams Real Estate - Newtown
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Investment Insights
Based on property information with market context.
This 3,000-square-foot, two-story mixed-use property combines a street-level restaurant with a second-floor apartment. The residence has two bedrooms, a full bathroom, a living room, and a laundry closet, with updated appliances, modern finishes, and upgraded heating and cooling. The restaurant has received interior and exterior improvements, including updated plumbing.
Built in 1925, the property is in Philadelphia’s Holmesburg neighborhood.
Built in 1925, the property is in Philadelphia’s Holmesburg neighborhood.
Key Highlights
- 3,000‑square‑foot mixed‑use property with restaurant and apartment
- Second‑floor apartment includes two bedrooms, a full bathroom, living room, and laundry closet
- Restaurant space includes interior and exterior renovations and updated plumbing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,470
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,400
$869.4K
Cap Rate 7%
$621,000
$621.0K
Cap Rate 9%
$483,000
$483.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$63.0K $21.00/SF
− Vacancy
−$5.0K −$1.68/SF
EGI
$58.0K $19.32/SF
− OpEx
−$14.5K −$4.83/SF
NOI
$43.5K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,400
Cap Rate 7%
$621,000
Cap Rate 9%
$483,000
Alternative Uses
Best Use
Specialty Retail
$621.0K
$543.4K – $724.5K
NOI $43,470 @ 7.0% cap · market cap 5.11%
Second Best
Mixed Use
$509.1K
$445.5K – $594.0K
NOI $35,640 @ 7.0% cap · market cap 4.19%
Theoretical Best
Multifamily LT 5
$731.4K
$639.9K – $853.3K
NOI $51,195 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Home Improvements & Furnishings 7%
Dollar General
Shops & Services
7,404 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
2,105 visits/mo
0.4 miles
Ferguson
Home Improvements & Furnishings
689 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level restaurant space is paired with a renovated two-bedroom apartment upstairs.
Where is this mixed-use property located?
The property is located at 8419 TORRESDALE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,000‑square‑foot mixed‑use property with restaurant and apartment; Second‑floor apartment includes two bedrooms, a full bathroom, living room, and laundry closet; Restaurant space includes interior and exterior renovations and updated plumbing
