4 Unit Building.
“Stabilized small-bay flex with specialty tenants”
Marketing description
This fully leased, multi-tenant flex building offers stable in-place income and long-term upside for investors seeking small-bay commercial exposure in a high-demand corridor of Springfield Township.
The 3,794 SF building is configured into four suites of approximately 950–990 SF each, occupied by a diverse mix of service-oriented and specialty users. Each unit includes a private restroom and is separately metered for electric and water, supporting efficient operations and simplified expense allocation.
Recent capital improvements include a brand-new roof installed in 2024 ($25,000) and updated electrical systems. The property is positioned for continued cash flow with minimal near-term capital requirements.
Due to site configuration and adjacent property improvements, the suites function as flex studio / service-commercial spaces rather than traditional drive-in garage bays, making the asset best suited for investors comfortable with non-traditional tenant profiles.
With an in-place NOI of $29,800, B-2 zoning allowing a wide range of commercial uses, and strong demand for small-format commercial space in the submarket, this property presents an opportunity for buyers seeking yield, stability, and future repositioning potential.
Investment highlights
Stabilized In-Place Income
Fully leased 4-unit commercial building with 100% occupancy
In-place NOI of $29,800, providing immediate cash flow from day one
Small-Bay Multi-Tenant Format
Approx. 3,794 SF total, divided into ~950–990 SF suites
Strong demand for small-format commercial space in the submarket
Efficient Expense Structure
Individually metered electric and water for each suite
Limited landlord responsibility relative to gross rent collected
Recent Capital Improvements
New roof installed in 2024 ($25,000)
Updated electrical systems reduce near-term capital exposure
Flexible Zoning + Tenant Use
B-2 zoning allows a wide range of service-commercial, specialty, and flex uses
Diverse tenant mix reduces reliance on a single income source
Functional Flex / Studio Configuration
Suites operate as flex studio / service-commercial spaces
Best suited for specialty, club-style, creative, or service-oriented users
Attractive Basis for Private Investors
Pricing and structure appeal to cash and local investors
Opportunity to improve financing profile over time through tenant repositioning or lease restructuring
Long-Term Optionality
Potential to reconfigure access, improve site functionality, or reposition tenant mix
Upside exists through operational clarity rather than immediate redevelopment
Infill Location with Durable Demand
Located along Vine Street near Springfield Pike
Consistent demand for affordable commercial space in an established corridor
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
