240-42 E GIRARD AVE, Philadelphia, PA 19125 – PAPH2423002

Philadelphia, PA 19125,240-42 E GIRARD AVE

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$2,750,000

Est. payment - /mo

10,505 SqFt

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UPDATED:

11/25/2024 04:07 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,505 sqft

Price per Sqft $261

MLS Listing ID PAPH2423002

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $24,411

Tax Year 2024

Lot Size 2,575 Sqft

Acres 0.06

Lot Dimensions 35.00 x 74.00

Property Description

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.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Central

Exterior

Water Access N

Accessibility Elevator

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 881806407

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Listed by Ryan J McManus • Keller Williams Liberty Place

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262