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Two-Story Storefront Property
New
For Sale
$699,900
Pending

9353-55 Old Bustleton Avenue, Philadelphia, PA 19115

CA-1 zoning supports a range of commercial uses, subject to verification of applicable requirements.

Property Size4,256 SF
Days on Market2

Property Features for 9353-55 Old Bustleton Avenue

General Information

Standard status Pending
Size 4,256 SF
Zoning CA1

Site & Location

Neighborhood Northeast Philadelphia

Taxes and HOA fees

Annual Taxes $8,188

Amenities

Carpet,Ceramic Tile
Electric
Yes
No
2
8' to 10'
Public
44.00 x 112.00
0.11
Estimated
Driveway,Parking Lot
4
4256.00
Assessor
12

Building Details

Building Size 4,256 SF
Year Built 1925
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Keller Williams Real Estate-Montgomeryville
Listed By: Umberto Ferraguti · License #AB067613
Source: Mullenrealty
Added: Nov 5 Changed: Nov 6 Last Checked: Nov 6 at 1:40AM

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-Montgomeryville

Rey
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Investment Insights

Based on property information with market context.

This freestanding, two-story commercial building contains 4,256 square feet and was built in 1925. Its layout includes multiple entrances, with space arranged for more than one unit. Interior finishes include carpet and ceramic tile, and the building has electric service.

The property is on Old Bustleton Avenue in Philadelphia. Rear parking is available, with four spaces identified. The parcel measures 0.11 acres, with reported dimensions of 44.00 x 112.00 feet.

Zoned CA-1, the property is designated for auto-oriented commercial use. Prospective users should independently confirm zoning, licensing, permits, and suitability for their intended operations.

Key Highlights

  • 4,256‑square‑foot freestanding commercial building
  • Two‑story layout with multiple entrances and a multi‑unit configuration
  • CA‑1 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,102
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,040 $962.0K
Cap Rate 7%
$687,171 $687.2K
Cap Rate 9%
$534,467 $534.5K
Market Conditions
NOI Build-Up for 4,256 SF
Gross rent
$76.6K $18.00/SF
− Vacancy
−$7.9K −$1.85/SF
EGI
$68.7K $16.15/SF
− OpEx
−$20.6K −$4.84/SF
NOI
$48.1K $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%
$962,040
Cap Rate 7%
$687,171
Cap Rate 9%
$534,467

Alternative Uses

Best Use
Retail
$687.2K
$601.3K – $801.7K (±1% cap)
NOI $48,102 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.04M
$907.9K – $1.21M (±1% cap)
NOI $72,628 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Nursing Home Tanning Salon Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,636
Businesses Nearby
191k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 38% Leisure 13% Hotels & Casinos 2%
Bank of America Shops & Services
25,452 visits/mo 0.2 miles
Regal UA Leisure
25,087 visits/mo 0.4 miles
Olive Garden Dining
18,569 visits/mo 0.4 miles
Applebee's Dining
15,886 visits/mo 0.5 miles
Dollar Tree Shops & Services
13,777 visits/mo 0.3 miles

Demographics for 19115, PA

35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
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

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Similar Off Market Nearby

  • Cheap flowers — Philadelphia, PA 19114
  • Pennypack Flowers — 9315 Krewstown Rd, Philadelphia, PA 19115

Frequently Asked Questions

What type of property is this?
Storefront property - CA-1 zoning supports a range of commercial uses, subject to verification of applicable requirements.
Where is this storefront property located?
The property is located at 9353-55 Old Bustleton Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 4,256‑square‑foot freestanding commercial building; Two‑story layout with multiple entrances and a multi‑unit configuration; CA‑1 zoning
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