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33623231
33623230

1500-1504 N. Peach St, Philadelphia, PA 19131

SC
RB067775
Red Door Real Estate
Listed by Red Door Real Estate
$582,000
1 day on market
Updated 1 day ago
Opportunity zone

1500-1504 N. Peach St

Details
Property Type Retail, Office (+1)
Sub Type Day Care/Nursery
Square Footage 4,268
Net Rentable (SqFt) 4,856
Cap Rate 7.20%
NOI $42,089
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Term 5
Lease Expiration 12/31/2031
Remaining Term 5
Rent Bumps Yes
Pro-Forma NOI $44,064
Broker Co-Op True
Buildings 1
Stories 1
Lot Size (SqFt) 4,856
Zoning CMX-2
Investment Type Stabilized
Lease Commencement 08/01/2010
Ground Lease No

Cash Flowing Building for Sale | Long Term Daycare Tenant | 7.20% CAP | 4,268 SqFt

Marketing description

1500-1504 N. Peach Street presents a fully leased, income-producing commercial property in Philadelphia's 19131 submarket. The property is 100% occupied by a long-term daycare tenant and offers investors a stabilized asset with durable tenancy, functional building improvements, and recent capital investment.

The property consists of approximately 3,888 SF plus a 380± SF garage, for a total of approximately 4,268 SF, situated on a 4,856± SF lot with 50 feet of frontage. Zoned CMX-2, the asset supports flexible neighborhood commercial use and benefits from its established daycare occupancy, efficient single-tenant layout, and strong accessibility.

Recent improvements include interior updates completed in 2026, updated flooring, security gates, camera systems, an annually inspected fire alarm system, and a newly improved Versico roof coating system installed by a Versico Authorized Contractor. The roof scope includes new scupper boxes, drainage improvements with tapered insulation at both drains, lowered drains, edge metal work, and a Versico coating system backed by a 10-year manufacturer warranty and 2-year contractor labor warranty.

The building is zoned and approved for continued daycare operations, with six means of egress, two kitchens, five bathrooms, dedicated garage/storage functionality, and outdoor yard access. With very walkable positioning, excellent transit access, and bikeable connectivity, 1500-1504 N. Peach Street offers a compelling combination of stabilized cash flow, recent capital improvements, and neighborhood-serving commercial utility.

Available individually or as part of a larger real estate portfolio. Please inquire.

Investment highlights

  • Fully leased, income-producing commercial property
  • 100% occupied by a long-term daycare tenant
  • Stabilized asset with durable tenancy
  • Functional building improvements and recent capital investment
  • 3,888 SF plus a 380± SF garage, total 4,268 SF
  • Situated on a 4,856± SF lot with 50 feet of frontage
  • Zoned CMX-2 - flexible neighborhood commercial use
  • Interior updates completed in 2026
  • Updated flooring, security gates, camera systems
  • Annually inspected fire alarm system
  • Newly improved Versico roof coating system installed by Versico Authorized Contractor
  • 10-year manufacturer warranty and 2-year contractor labor warranty on roof
  • Six means of egress
  • Two kitchens, five bathrooms
  • Dedicated garage/storage functionality
  • Outdoor yard access
  • Very walkable positioning (Walk Score: 83)
  • Excellent transit access (Transit Score: 71)
  • Bikeable connectivity (Bike Score: 68)
  • Available individually or as part of a larger real estate portfolio. Please inquire.

Listing Contacts

SC
RB067775
Red Door Real Estate
Listed by Red Door Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$42,088.63
$3,507.39/mo

Valuation Metrics

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DSCR
7.23%
Cap Rate
7.23%
ROI

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