Freestanding Retail and Office
121 W Girard Avenue Philadelphia, PA 19123
121 W Girard Avenue, Philadelphia, PA, 19123
$350,000
For Sale
$350,000
Approximate 1,200 SF building offers flexible space for retail or owner-user office use.
Property Size1,260 SF
Price / SF$277.78
Days on Market210
Property Features for 121 W Girard Avenue
General Information
- Standard status
- Active
- Size
- 1,260 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agency
Impact Real Estate, LLC
(856) 630-4482
Listed by
Julia Joyce-Hall
(856) 630-4482
Source
Thetristaterealestategroup
Added: Dec 24, 2025 Updated: Jul 21 at 2:14AM Checked: Jul 22 at 3:05AM
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 Impact Real Estate, LLC
Investment Insights
Based on property information with market context.
This approximately 1,200 SF freestanding building is positioned at the edge of massive Northern Liberties development. The property is suited for a small retail-type business, or for owner-user and office purposes.
The building’s location offers direct placement within a growing development area, supporting interest from tenants and buyers looking for a flexible footprint.
With its straightforward size and adaptable retail/office use concept, the property may also fit buyers considering future development plans.
The building’s location offers direct placement within a growing development area, supporting interest from tenants and buyers looking for a flexible footprint.
With its straightforward size and adaptable retail/office use concept, the property may also fit buyers considering future development plans.
Key Highlights
- Approx. 1,200 SF building with flexible space for retail or owner‑user office use
- Year built: 1920
- 1 total restroom
Local Financial Insights For Office B
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 | $27.7k | $21.96 |
| − Vacancy | −$5.6k | −$4.41 |
| EGI | $22.1k | $17.55 |
| − OpEx | −$5.5k | −$4.39 |
| NOI | $16.6k | $13.16 |
1,260 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$236.9K
$207.3K – $276.4K
NOI $16,581 @ 7.0% cap · market cap 4.74%
Second Best
Retail
$203.4K
$178.0K – $237.4K
NOI $14,241 @ 7.0% cap · market cap 4.07%
Theoretical Best
Multifamily LT 5
$307.2K
$268.8K – $358.4K
NOI $21,502 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Advance Medical Equipment
Medical Supply Store
Similar For Sale Nearby
Similar Off Market Nearby
- Amour Et Fleurs — 507 W Girard Ave, Philadelphia, PA 19123
- Pearl — W Laurel St, Philadelphia, PA 19123
- Flowers Etcetera By Denise — 637 N 2nd St, Philadelphia, PA 19123
- Riehs Florist — 1020 N 5th St, Philadelphia, PA 19123
- Celebrate! — 1202 n 7th st, philadelphia, pa 19122
FAQs
What type of property is this?
Storefront property - Approximate 1,200 SF building offers flexible space for retail or owner-user office use.
Where is this storefront property located?
The property is located at 121 W Girard Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approx. 1,200 SF building with flexible space for retail or owner‑user office use; Year built: 1920; 1 total restroom
