1200 N 5th St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19122- North Philadelphia East
$1,350,000 USD
267-546-1718
1200 N 5th St, Philadelphia, PA for Sale
$1,350,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | Request Cap Rate

1200 N 5th St
Philadelphia, PA 19122
North Philadelphia East


HIGHLIGHTS

  • A corner mixed-use investment property located along Girard Avenue’s commercial corridor.
  • The site has easy access to Center City, the Girard trolley line, the Market
  • This is an excellent location right in the heart of a tremendous amount of development along Girard Avenue both to the East and West
  • Located at the northwest corner of N. 5th Street and W. Girard Avenue, the property is nestled between Northern Liberties and Fishtown.

OVERVIEW

MPN Realty Inc., is pleased to present the exclusive sale of 1200 N 5th St., a corner mixed-use investment property located along Girard Avenue’s commercial corridor. The site consists of two commercial spaces and three apartments. The corner commercial space, a former diner/restaurant is currently vacant and presents a great opportunity to for an owner-user. The second commercial space is also vacant. Both spaces are currently marketed for lease. The apartments were renovated in 2017, featuring new kitchens w/quartz counters, stainless steel appliances, white cabinets,engineered hardwood floors, 4-piece tile baths, laundry in each unit, and plenty of natural light throughout. All units are self-contained, and the property has two years remaining on a partial tax abatement. Located at the northwest corner of N. 5th Street and W. Girard Avenue, the property is nestled between Northern Liberties and Fishtown. This is an excellent location right in the heart of a tremendous amount of development along Girard Avenue both to the East and West. The site has easy access to Center City, the Girard trolley line, the Market Frankford El train, and many bus routes. Northern Liberties and Fishtown are both bustling commercial corridors with an abundance of restaurants, cafes, grocery stores, and retail stores. Both neighborhoods also have a very strong residential market and are prime locations for residents of Philadelphia.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CMX-2

APN/PARCEL ID

871524500

ASK ABOUT THIS PROPERTY

Nadia BilynskyMPN RealtyMore Info
267-546-1718

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Nadia BilynskyMPN RealtyMore Info
267-546-1718

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