2717 Girard AvePhiladelphia, PA 19130

Property Details for 2717 Girard Ave

Year built

1915

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.03 AC

Property size (Sq ft)

2,838 SF

Zone code

CMX2.5

Property type

Investment properties

Property subtype

Live-work space

APN

87-1-5390-30

APU

871539030

Description

This exceptional 1,140-square-foot retail space, located at 2717 W Girard Ave in Philadelphia's Brewerytown neighborhood, presents a fantastic opportunity for a variety of businesses. Built in 1915 and renovated in 2012, this single-tenant property boasts a striking storefront with a large window for optimal product display. Conveniently situated across from 220 newly constructed luxury apartments, this location ensures high foot traffic and visibility. The interior features an office, a bathroom, and basement access. Previously used as a medical office, the space is adaptable to suit diverse business needs. The property's CMX2.5 zoning allows for a range of commercial uses. Tenants are responsible for utilities, property taxes, and U&O taxes (NNN lease). Lease terms require first month's rent, last month's rent, and a one-month security deposit. The property's excellent location offers easy access to public transportation (routes 7, 48, and 49), major highways (I-76 and I-676), and regional transit (Atlantic City Line, a 7-minute drive). Nearby amenities include Athletic Square Park & Recreation Center, Lemon Hill Park & Playground, Girard College, and a vibrant array of bars, restaurants, and cafes. The Philadelphia Museum of Art is three blocks away, and the Philadelphia Zoo is a three-minute drive. A handicap rail at the entrance ensures accessibility for all customers. This is a truly exceptional opportunity in a thriving Philadelphia location.

• CAP approach

  CAP return

  Valuation

  6%

  $539,028

  6.5%

  $497,565

  7%

  $462,024

• Comparable approach

  Method

  Valuation

  Relative Method

  $370,813

  Geo Method

  $370,813

• Alternative Use

  Use

  Valuation

  Residential

  $616,980

  Hospitality

  $565,151

  Educational

  $470,199

  Medical

  $486,370

  Retail

  $731,420

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9745

Longitude

-75.181

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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