Mixed-Use Investment Property on
For Sale
$1,200,000
1200 North 5th Street, Philadelphia, PA 19123
Corner property with commercial spaces and renovated apartments near transit.
Property SizeContact for details
Days on Market188
Property Features for 1200 North 5th Street
General Information
Standard status
Active
Property subtype
Mixed-Use
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Nadia Bilynsky · License #RS311101
(267) 546-1718
Source:
Mpnrealty
Added: Mar 11
Changed: Sep 13
Last Checked: Sep 14 at 9:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mallin Panchelli Nadel Realty Inc
Investment Insights
Based on property information with market context.
Located on the corner of N. 5th Street and W. Girard Avenue, this mixed-use investment property features two commercial spaces and three apartments. Situated along Girard Avenue’s commercial corridor, the property is positioned between Northern Liberties and Fishtown, offering convenient access to Center City, the Girard trolley line, the Market Frankford El train, and various bus routes. The surrounding area is experiencing significant development along Girard Avenue. The apartments, renovated in 2017, include new kitchens with quartz counters, stainless steel appliances, white cabinets, engineered hardwood floors, 4-piece tile baths, laundry in each unit, and ample natural light. All units are self-contained, and the property benefits from a partial tax abatement with two years remaining. The corner commercial space, previously a diner/restaurant, is currently vacant, presenting an opportunity for an owner-user. The second commercial space is also vacant. Both commercial spaces are currently being marketed for lease. Northern Liberties and Fishtown are vibrant commercial corridors with numerous restaurants, cafes, grocery stores, and retail stores, as well as a strong residential market.
Key Highlights
- Prime location on Girard Avenue, between Northern Liberties and Fishtown, with significant ongoing development.
- Mixed‑use property with two vacant commercial spaces offering owner‑user or investment potential.
- Three renovated apartments (2017) feature modern finishes: quartz counters, stainless steel appliances, hardwood floors, and in‑unit laundry.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,041
Businesses Nearby
Explore this area
Business Placement
Demographics for 19123, PA
18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property with commercial spaces and renovated apartments near transit.
Where is this mixed-use property located?
The property is located at 1200 North 5th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location on Girard Avenue, between Northern Liberties and Fishtown, with significant ongoing development.; Mixed‑use property with two vacant commercial spaces offering owner‑user or investment potential.; Three renovated apartments (2017) feature modern finishes: quartz counters, stainless steel appliances, hardwood floors, and in‑unit laundry.
