$1,399,900 $7,515 est/mo Sourced by Back At You

1200 N 5th St,Philadelphia, PA 19122

Philadelphia PA, 19122

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Description

A great investment opportunity on the corner of 5th & Girard with plenty of exposure, a former diner/restaurant is currently vacant and presents a value-add opportunity or a great opportunity to for an owner-user. The second commercial space is leased to a small salon. 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 three 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.

Details

MLS#PAPH2315152
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1925
Days On Site118
Listing Provided ByKW Empower | Mario J Tropea Jr

Features

SQ Feet4,220
Units1
ZoningCMX2
Acreage0.04

Market Activity 19122

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Listings Checked: 1 minute ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19122
Area19122
School DistrictPhiladelphia City
Listing VS Median (in 19122)
Price:
$1,399,900
low | high
Med:
$2,567
100% of Average
SqFt:
4,220
low | high
Med:
1,093
100% of Average
$ / SqFt:
$332
low | high
Med:
$2
100% of Average
On Site:
118
low | high
Med:
48.000000
100% of Average
Sourced by Back At You
Listing Updated: May 18, 2024 at 8:12:32 AM PDT