2028 Frankford Ave - Retail CONDO FOR SALE


Philadelphia, PA 19125- Fishtown
$395,000 USD
215-460-4119
2028 Frankford Ave, Philadelphia, PA for Sale
$395,000 USD
Retail CONDO - FOR SALE
1/33
null | Request Cap Rate

NEW


2028 Frankford Ave
Philadelphia, PA 19125
Fishtown


HIGHLIGHTS

  • High visability
  • 1 off street parking spot
  • remaining tax abatement

OVERVIEW

Here is a rare opportunity to own a fully turnkey commercial condo in the heart of Fishtown’s most sought-after commercial corridor. Positioned directly on Frankford Avenue, this first-floor commercial space is surrounded by some of the neighborhood’s most established and thriving businesses, including boutique retail, wellness concepts, yoga studios, professional offices, cafés, restaurants, galleries, and creative showrooms. With exceptional foot traffic, strong vehicle visibility, and a vibrant tree-lined streetscape, this location places your business directly in the center of one of Philadelphia’s premier commercial destinations. Originally purchased as a raw shell, the current owner invested significantly into a high-end custom build-out designed with both luxury and functionality in mind. The space is currently operating as an upscale gallery and showroom, featuring dramatic commercial-grade gallery lighting throughout, 10 inch wide-plank hardwood flooring from New York-based Madera Flooring, upgraded soundproofing and insulation between units, a fully integrated security system with exterior cameras and motion sensors, built-in Sonos speakers , and striking storefront glass exposure with custom window blinds. The thoughtfully designed interior includes a beautifully finished kitchenette complete with bar seating for four, double oven with concealed pull-out storage drawers, dishwasher, sink, beverage fridge, and additional mini refrigerator. A luxurious full bathroom features marble subway tile, a walk-in shower, and in-unit washer and dryer. The finished lower level expands the functionality of the space with newly completed microcement flooring by Concepts in Concrete, additional storage areas including three dedicated closets, and flexible space ideal for inventory, office use, or additional client-facing functionality. Included with the unit is an incredibly coveted dedicated rear parking space with secure rear entry access directly into the building, a amenity rarely found along Frankford Avenue. Additional features include sprinkler systems, exterior lighting, and premium showroom-quality finishes throughout. Whether envisioned as a luxury spa, wellness concept, professional office, architect or design studio, gallery, creative showroom, boutique retail concept, or hospitality-forward business, this space offers an unparalleled opportunity to step into a completely built-out commercial property where the heavy lifting has already been done. The property is also available for lease at $3,250/month triple net. Condo fee $419.33 and include management, snow removal, and common area maintenance. Remaining tax abatement through 2029 provides an additional financial advantage for both owner-users and investors alike.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

1,312 SF

STORIES

2

BUILDING CLASS

-

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CMX2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lara ErtwineSerhantMore Info
215-460-4119

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Lara ErtwineSerhantMore Info
215-460-4119

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.