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Torresdale Ave 5824 Torresdale Ave 1,120 SF 100% Leased Retail Building Philadelphia, PA 19135 $359,000 ($320.54/SF) 8.69% Cap Rate
Executive Summary
Located in the vibrant business corridor of Torresdale Ave, 5824 Torresdale Ave presents a prime mixed-use investment opportunity. The property features an attractive storefront currently leased to a tenant operating a fashion boutique, offering strong visibility and steady foot traffic.
Above the commercial space, you’ll find a spacious and fully updated two-bedroom residential unit, also tenant-occupied. This unit has been thoughtfully improved to provide modern living, featuring an open-concept kitchen that flows seamlessly into the living area, a contemporary three-piece hall bathroom, and two generously sized bedrooms with ample closet space.
With both commercial and residential tenants in place, this property offers immediate income potential in a high-demand location—perfect for investors seeking a turnkey addition to their portfolio.
Above the commercial space, you’ll find a spacious and fully updated two-bedroom residential unit, also tenant-occupied. This unit has been thoughtfully improved to provide modern living, featuring an open-concept kitchen that flows seamlessly into the living area, a contemporary three-piece hall bathroom, and two generously sized bedrooms with ample closet space.
With both commercial and residential tenants in place, this property offers immediate income potential in a high-demand location—perfect for investors seeking a turnkey addition to their portfolio.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,120 SF
Building Class
C
Year Built/Renovated
1972/2024
Price
$359,000
Price Per SF
$320.54
Cap Rate
8.69%
NOI
$31,200
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.04
Lot Size
0.02 AC
Zoning
CMX2 - CMX2 , Mixed Use
Frontage
16’ on Torresdale Avenue
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 871563050 | Improvements Assessment | $114,880 |
| Land Assessment | $28,720 | Total Assessment | $143,600 |
Property Taxes
Parcel Number
871563050
Land Assessment
$28,720
Improvements Assessment
$114,880
Total Assessment
$143,600
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Torresdale Ave | 5824 Torresdale Ave