Warehouse Near Broad Street Intersection

PHILADELPHIA, PA 19140 Philadelphia, PA 19140

Claim this Listing
For Sale
$700,000

SINGLE_FAMILY - PHILADELPHIA, PA

Type:Single Family Residence
Property size:
5,675 SF
Lot size:
0.13 Acres
Price / SF:
$123/SF
Added:
Jul 15, 2025
Days on Market:
361
Last Refresh:
Jul 10 at 10:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Single Family Residence
Standard status
Active
Size
5,675 SF
Lot size
0.13 Acres

Building Details

Year built
1951

Listing agent Stephanie Washington

Listing office BHHS Fox & Roach Chestnut Hill PA

Listing date Jul 15, 2025

MLS# PAPH2516934

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 5,600 SF single-story warehouse is located just off the intersection of Broad Street and Hunting Park Avenue, situated behind a high-traffic retail strip center. The property features drive-in doors, a newer roof with 16' on-center joists, two bathrooms, office space, mini-split HVAC systems, electric, and plumbing. Located within a Great Qualified Opportunity Zone (QOZ), the property offers potential for a variety of commercial uses. The property is for sale AS-IS. The lot size is 0.13 acres. The property is located in Philadelphia, PA.

Key Highlights

  • 5,600 SF single‑story warehouse in a high‑traffic location near Broad Street and Hunting Park Avenue.
  • Located within a Great Qualified Opportunity Zone (QOZ).
  • Turn‑key space with drive‑in doors.

Local Financial Insights For Warehouse

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 $74.2k $13.08
− Vacancy −$5.9k −$1.05
EGI $68.3k $12.03
− OpEx −$10.2k −$1.81
NOI $58.0k $10.23
5,675 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.07M
$933.5K – $1.24M (±1% cap)
NOI $74,680 @ 7.0% cap · market cap 10.67%
Second Best
Warehouse
$829.2K
$725.6K – $967.5K (±1% cap)
NOI $58,047 @ 7.0% cap · market cap 8.29%
Theoretical Best
Multifamily LT 5
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,843 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

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FAQs

What type of property is this?
Warehouse - 5,600 SF warehouse near Broad Street in Philadelphia.
Where is this warehouse located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 5,600 SF single‑story warehouse in a high‑traffic location near Broad Street and Hunting Park Avenue.; Located within a Great Qualified Opportunity Zone (QOZ).; Turn‑key space with drive‑in doors.
Contact an agent
More about this property
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