$2,575,000 251 E Girard Ave Fishtown

MLS: 7211529   Type: Commercial   County: Philadelphia   City: Philadelphia   Area: 19125   Neighborhood: Fishtown   Zip: 19125   Style: Commercial,Leasehold,Apartmnt Bld     Taxes: $1,474

Mortgage $12,089 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

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7,701

2,178

1919

Outstanding investment opportunity in the heart of Fishtown. Prime location at E. Girard and Marlborough. Completely renovated commercial and residential space as well as a row home. E. Girard/1200-20 Marlborough: commercial space on first level with 42' of commercial corridor frontage. Six rental units on 2nd and 3rd floors. All currently rented at 1100-1995/month. Commercial space can be built out to suit business. Located directly across from Ekta and just 2 blocks east of Frankford Ave. corridor. The building has been totally renovated within the last two years both inside and out combining 251 E. Girard with 1200-20 Marlborough to create one parcel. Tax abatement approved and retroactive to 2016 and goes through 2026. The commercial space approximately (2100 sq. ft.)has been completely renovated over the last year and has all mechanicals in place. The apartments are one and two bedroom, tile and hardwood floors, lots of light with laundry located in the common area that is the stair well. This is a highly desirable location for both commercial and residential development. 1204 Marlborough: second building in package is row home with separate tax ID, 1006 square feet with back patio area. Pro Forma provided upon request.

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Price History

7/5/2018 Listed $2,575,000

Accessibility None
Annual Gross Income 167640.0
Business Type Commercial, Leasehold, Apartmnt Bld
Is Twin No
Listing Area 19125 (19125)
Location Corner Lot/Unit
Price Per Sqft 334.3722
Property Type Commercial
School District Philadelphia
Subdivision FISHTOWN
Tax Annual Amount 1474.0
Total Units 6
Zoning CMX2

Interior Features

Buildingfloors 3.0
Flooring Tile/Brick, Wood, HeavyDutyFlr

Exterior Features

Exterior Stucco
Lot Dimensions 42X49
Number of Buildings 2
Waterfront N

Property Schools



Direct Link:

http://pete.searchphillylistings.com/property/16-7211529-251-E-Girard-Ave-Philadelphia-PA-19125

Gallery (25 photos)

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Property vs Zip Code Avg (19125)

Price 2.57M Avg 626K

Sqr Feet 7,701 Avg 3,535

Cost / Sqr Ft $334 Avg $177

Taxes $1,474 Avg $4,435

Acres 0.05 Avg 0.09

Visits 95 Avg 31

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Listing Provided Courtesy Of: SPACE & COMPANY




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Location & Address

Pete Danz
2200 Walnut Street
Philadelphia, PA
215-738-9500
215-625-4721