250 E Girard Ave - Apartments FOR SALE


Philadelphia, PA 19125- Fishtown
$1,399 USD
267-443-3046
250 E Girard Ave, Philadelphia, PA for Sale
$1,399 USD
Apartments - FOR SALE
1/45
null | Request Cap Rate

250 E Girard Ave
Philadelphia, PA 19125
Fishtown


HIGHLIGHTS

  • Long-term lease in place with an established Thai restaurant occupying the ground-floor retail space.
  • Three newly renovated apartments featuring upgraded kitchens, appliances, fixtures, and modern finishes.
  • Exceptional location along a high-traffic Girard Avenue corridor in the Fishtown neighborhood.
  • Two blocks from Frankford Avenue entertainment corridor and close to diverse dining, retail, and cultural destinations.
  • Robust transit accessibility with subway, bus, and Regional Rail stations within three blocks.
  • Approved city air rights for vertical expansion and opportunity to increase residential density for additional investment upside.

OVERVIEW

This mixed-use property in the heart of Fishtown presents a compelling investment opportunity, combining an income-generating retail component with upgraded residential units in one of Philadelphia’s most sought-after neighborhoods. The ground level features approximately 1,500 square feet of fully leased commercial space under a strong 10-year lease with a popular Thai restaurant, ensuring reliable cash flow. Above the retail, three spacious and newly renovated residential units offer modern city living. The mix includes one three-bedroom unit and two two-bedroom units, all featuring contemporary upgrades such as new appliances, washers and dryers, HVAC systems, countertops, windows, faucets, fixtures, recessed lighting, and upgraded finishes throughout. Located along a highly trafficked corridor on Girard Avenue, this asset benefits from both heavy foot and automotive exposure, just two blocks from the dynamic Frankford Avenue entertainment district and within walking distance of multiple transit options including subway, bus lines, and Regional Rail at Frankford & Girard Avenue Station. Significant upside potential enhances this offering, including city-approved air rights for additional build out, and the ability to convert the existing three-bedroom layout into two units. This property delivers both immediate income stability and long-term value creation within a thriving neighborhood known for strong rental demand and vibrant retail activity.

FOR SALE DETAILS

PRICE

$1,399 USD

PRICE/SF

$0.32 USD /SF

# OF UNITS

4

PRICE/UNIT

$350

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,002 SF

ZONING

CMX2

APN/PARCEL ID

871600565

ASK ABOUT THIS PROPERTY

Adam AronsteinKW CommercialMore Info
267-443-3046

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Adam AronsteinKW CommercialMore Info
267-443-3046

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