Corner Mixed-Use Bar and
541 E GIRARD Avenue Philadelphia, PA 19125
541 E GIRARD Avenue, Philadelphia, PA, 19125
$1,350,000
For Sale
$1,350,000
Commercial Sale - PHILADELPHIA, PA
Property Size3,285 SF
Lot Size0.04 Acres
Price / SF$410.96
Days on Market140
Property Features for 541 E GIRARD Avenue
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking features
- On Street
- Standard status
- Active
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4367
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Masonry
Listing agency
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed by
Veronica Gintel Blum · License #RS290724
(215) 413-4900
Added: Mar 4 Updated: Jul 21 at 4:33PM Checked: Jul 22 at 4:06PM
MLS# PAPH2590058
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property at 541 E Girard Avenue is a corner mixed-use building that totals approximately 3,285 square feet and sits on a 1,600 SF lot. The ground floor is configured as a bar space with 1,500 SF of ground-floor area and extensive frontage along East Girard Avenue. The upper levels include two bi-level residential units, each with two bedrooms and two bathrooms.
The building has frontage along both East Girard Avenue and East Montgomery Avenue, providing visibility from multiple street exposures. Public remarks indicate the bar has operated at this location for over 20 years, and the setting is described as the Fishtown neighborhood, with access to the I-95 corridor and I-676 exchange, as well as the E Girard and Palmer St light rail stop and other local mass transit.
For an owner-operator, the combination of a street-facing hospitality space with two residential units supports flexible use as a live-work arrangement or for generating supplemental rental income.
The building has frontage along both East Girard Avenue and East Montgomery Avenue, providing visibility from multiple street exposures. Public remarks indicate the bar has operated at this location for over 20 years, and the setting is described as the Fishtown neighborhood, with access to the I-95 corridor and I-676 exchange, as well as the E Girard and Palmer St light rail stop and other local mass transit.
For an owner-operator, the combination of a street-facing hospitality space with two residential units supports flexible use as a live-work arrangement or for generating supplemental rental income.
Key Highlights
- 3,285 SF corner mixed‑use building on a 1,600 SF lot in Fishtown (Philadelphia).
- Extensive frontage along both East Girard Ave and East Montgomery Ave.
- Ground‑floor bar space totals 1,500 SF; most recently occupied by Kraftwork for over 20 years.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.8k | $25.80 |
| − Vacancy | −$4.7k | −$1.42 |
| EGI | $80.1k | $24.38 |
| − OpEx | −$24.0k | −$7.31 |
| NOI | $56.1k | $17.06 |
3,285 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$800.8K
$700.7K – $934.3K
NOI $56,058 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$738.2K
$645.9K – $861.2K
NOI $51,671 @ 7.0% cap · market cap 3.83%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kraftwork
Bar & Pub
Similar For Sale Nearby
Similar Off Market Nearby
- Dolce&Caffè — 708 N 2nd St, Philadelphia, PA 19123
- The 700 — 700 N 2nd St, Philadelphia, PA 19123
- Druid's Keep — 149 Brown St, Philadelphia, PA 19123
- Mainstay Independent Brewing Company — 901 N Delaware Ave, Philadelphia, PA 19123
- Craft Hall — 901 N Delaware Ave, Philadelphia, PA 19123
FAQs
What type of property is this?
Bar & Pub - Corner mixed-use building includes a ground-floor bar and two bi-level residential units with extensive street frontage.
Where is this bar & pub located?
The property is located at 541 E GIRARD Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 3,285 SF corner mixed‑use building on a 1,600 SF lot in Fishtown (Philadelphia).; Extensive frontage along both East Girard Ave and East Montgomery Ave.; Ground‑floor bar space totals 1,500 SF; most recently occupied by Kraftwork for over 20 years.
