Mixed-Use Property with Retail
For Sale
$779,000
925-27 SPRING GARDEN ST, Philadelphia, PA 19123
Street-level retail space is paired with a three-story residential layout featuring a full kitchen and flexible occupancy options.
Property Size4,790 SF
Price / SF$162.63
Days on Market48
Property Features for 925-27 SPRING GARDEN ST
General Information
Standard status
Active
Size
4,790 SF
Property subtype
Multi-family
Units
Unit Mix
1 x 4BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Stories
3
Listing Agency:
Mercury Real Estate Group
(215) 462-5100
Listed By:
Michael J Moss · License #RS286764
(215) 416-3980
Source:
Sandrasellstheshore
Added: Sep 4
Changed: Oct 19
Last Checked: Oct 20 at 8:18PM
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 Mercury Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 925-27 SPRING GARDEN ST in Philadelphia, this 4,790-square-foot mixed-use property combines commercial and residential components. The first floor provides retail space, while the second and third floors contain a four-bedroom, two-bath residential unit with a full kitchen and generously sized rooms. The residential layout also includes natural light and can accommodate rental use or owner occupancy.
The property is situated in a high-foot-traffic area with access to public transportation, restaurants, and neighborhood amenities. Five other mixed-use multifamily properties are also available for individual purchase or as a package, creating an opportunity to evaluate the properties separately or together.
The property is situated in a high-foot-traffic area with access to public transportation, restaurants, and neighborhood amenities. Five other mixed-use multifamily properties are also available for individual purchase or as a package, creating an opportunity to evaluate the properties separately or together.
Key Highlights
- 4,790‑square‑foot mixed‑use property at 925‑27 SPRING GARDEN ST, Philadelphia, PA 19123
- First‑floor retail space
- Second- and third‑floor residential unit with 4 bedrooms and 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,905
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,100
$1.1M
Cap Rate 7%
$812,929
$812.9K
Cap Rate 9%
$632,278
$632.3K
Market Conditions
NOI Build-Up for 4,790 SF
Gross rent
$103.5K $21.60/SF
− Vacancy
−$12.4K −$2.59/SF
EGI
$91.0K $19.01/SF
− OpEx
−$34.1K −$7.13/SF
NOI
$56.9K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,100
Cap Rate 7%
$812,929
Cap Rate 9%
$632,278
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$941.8K – $1.26M
NOI $75,344 @ 7.0% cap · market cap 9.67%
Second Best
Mixed Use
$812.9K
$711.3K – $948.4K
NOI $56,905 @ 7.0% cap · market cap 7.30%
Theoretical Best
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,741 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,087
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level retail space is paired with a three-story residential layout featuring a full kitchen and flexible occupancy options.
Where is this mixed-use property located?
The property is located at 925-27 SPRING GARDEN ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 4,790‑square‑foot mixed‑use property at 925‑27 SPRING GARDEN ST, Philadelphia, PA 19123; First‑floor retail space; Second- and third‑floor residential unit with 4 bedrooms and 2 baths
