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Property profile & analytics
OFF-MARKET Estimated value $3,500,000
Apartment buildings

4 Leverington Ave Philadelphia, PA 19127-2204

23,052 SF 0.29 ac lot Built 1877
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US73-2755930
Property summary
AI-generated overview

This exceptional 3,200 square foot retail space is ideally situated at the entrance to the vibrant Manayunk neighborhood in Philadelphia, Pennsylvania. Boasting a highly visible location at the intersection of Leverington Avenue and Main Street, this property offers unparalleled exposure to significant foot and vehicle traffic. The space features an open floor plan with minimal columns, maximizing usable area and creating a versatile layout suitable for a variety of retail businesses. Abundant natural light streams in through large windows that overlook the canal, providing a bright and inviting atmosphere for customers. The property is conveniently equipped with off-street parking, a valuable amenity for both employees and customers. Located in Philadelphia County, with a zip code of 19127, this single-tenant space is currently available. Its prime location and attractive features make it an excellent opportunity for businesses seeking a high-traffic, easily accessible location in a thriving community. The property is classified as both retail and office space, offering flexibility for potential tenants. This is a rare opportunity to secure a prominent retail space in a desirable Philadelphia location.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1877
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,052 SF
Lot 0.29 ac (12,735 SF)
Zoning code I2
APN 88-1-0792-60
UPID US73-2755930
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • JCPenney Portraits Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.50M
Owner & transaction history
Watermill Lofts Aquisitions LLC · 8 yrs held
Watermill Lofts Aquisitions LLC
since 2018
4 recorded transactions
2025
Price N/A
2018
$4.5M
2012
$1.6M
1969
Price N/A
Zoning & alternative use
I2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I-2 Medium Industrial G-1 G-2 Food Distribution Center I-3 Heavy Industrial LR I-P Port Industrial Port Industrial (.2) Map Symbols. (.a) The Industrial district map symbols are intended to provide a general, relative indication of the range of uses and activities allowed within the respective districts. "I" is used to indicate a zoning district primarily in…

Zone name Medium Industrial
General category INDUSTRIAL
Zone area 6,310.58 ac
Source TITLE 14. ZONING AND PLANNING
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