1200 N 5th St, Philadelphia, PA 19122 | For Sale

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For Sale $1,350,000 ($319.91 per Sq Ft)

$1,350,000 ($319.91 per Sq Ft)
  • (0)
  • 4 Units
  • 4,220 Sq Ft
  • 1,560 Sq Ft
  • Unknown Cap Rate

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,350,000
Property Type Other
Usable Sqft 4,220
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1925
Last Sold Unknown
Sold Price Unknown
APN # 871524500
MLS # PAPH2410910
Property ID 320958054
Lot Sqft 1,560
Zoning CMX2
Total Units 4
Days on Market 7
Original List Price Unknown
Date Updated October 17, 2024
Date Created October 15, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Nadia T Bilynsky an agent of . Lic #RS311101


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Data last updated: October 22, 2024.
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