1425 Frankford Ave - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19125
$1,425,000 USD
215-454-2879
1425 Frankford Ave, Philadelphia, PA for Sale
$1,425,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | 6.3% Cap Rate

1425 Frankford Ave
Philadelphia, PA 19125


HIGHLIGHTS

  • Boutique Luxury Apartment Living: High-End Finishes at an Affordable Price Point
  • In the Middle of it All: Prime Location in the Heart of Fishtown
  • New Construction Property: Little to No Deferred Maintenance, Turnkey Operation
  • Abundant Neighborhood Amenities: Bars, Cafes, Boutique Shops, Galleries, Award-Wining Restaurants, and Nightlife within Steps from the Front Door
  • Access to Public Transportation: Short Walk to the Girard Avenue Train Station and Numerous Bus Routes

OVERVIEW

The Property comprises 3 newly constructed apartment units and one commercial space in the Fishtown neighborhood of Philadelphia.1425 Frankford Avenue sits in a prime location, consisting of (3) one-bedroom apartment units boasting high-end finishes including stainless steel appliances, stone countertops, LVT flooring, subway tile backsplashes, and sleek white shaker style cabinetry. Further, these luxury units feature Central HVAC, in-unit washer/dryer, and oversized windows. Banh Mi Spot, a popular Vietnamese restaurant, occupies the commercial space. With a roll-up front window, the restaurant feels like an open-air eatery in the warmer months, inviting customers walking on the street to enjoy a diverse taste of Southeast Asia. The property's residents live in the middle of it all on Frankford Avenue, a thriving retail corridor in the heart of Fishtown. The Property is a short walk to award-winning restaurants and cafes such as WM Mulherin’s Sons, LMNO, Suraya, Kalaya, La Colombe, and Pizzeria Beddia. The Property is transit-oriented, located minutes from major thoroughfares including I-76, I-676, and I-95 providing unparalleled access to the Philadelphia MSA. Furthermore, a SEPTA train station at Girard Avenue and Front Street is a short walk, carrying commuters into Center City and the Philadelphia Suburbs via the Market Frankford Train Line. Residents at 1425 Frankford Avenue enjoy all that Fishtown has to offer without compromising comfort, quality finishes, or access to the rest of the Philadelphia MSA.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3 Apartment Units & 1,500 Commercial Space

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,019 SF

ZONING

CMX2

APN/PARCEL ID

871403520

ASK ABOUT THIS PROPERTY

215-454-2879

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215-454-2879

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