Active
240-42 E Girard Ave
Philadelphia PA, 19125
$2,750,000
$261.78 per sqft
Active
10,505 sqft
Commercial
Built in 1915
240 EAST GIRARD is included in "The Fishtown Portfolio" which presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties in the most vibrant location in Philadelphia, Pennsylvania -- FISHTOWN. Each building features an instantly recognizable address (Frankford Avenue and Girard Avenue) which insulate the properties and elevate the rentability factor for new ownership. 2301 Frankford = 6 apts + commercial. 2001 Frankford = 8 apts + 2x commercial. 240 E Girard = 9 apts + 2x commercial. Currently in lease-up, these assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is known for its world-class culinary environment, in addition to its thriving retail, commercial and residential landscape swelling with positive demand. 28 total units are included within The Portfolio. 7.32% pro forma cap rate. 10 year tax abatement. Enquire within for financials. Photos coming soon.
PAPH2423002
MLSⓇ ID
November 25, 2024
Listed
November 25, 2024
Updated
Map
240-42 E Girard Ave
Philadelphia PA, 19125
Interior Features
Interior Features
Elevator
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.06 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$24,411
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by Keller Williams Liberty Place
Listing Contact: 6106061095
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/25/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/25/2024 at 6:00 PM UTC
