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.