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Torresdale Ave 5824 Torresdale Ave 1,120 SF 100% Leased Retail Building Philadelphia, PA 19135 $4,259,558 CAD ($3,803.18 CAD/SF) 1.04% 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
$4,259,558 CAD
Price Per SF
$3,803.18 CAD
Cap Rate
1.04%
NOI
$44,301 CAD
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 | $160,386 CAD |
| Land Assessment | $40,097 CAD | Total Assessment | $200,483 CAD |
Property Taxes
Parcel Number
871563050
Land Assessment
$40,097 CAD
Improvements Assessment
$160,386 CAD
Total Assessment
$200,483 CAD
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Torresdale Ave | 5824 Torresdale Ave
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