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1200 N 5Th St Philadelphia, PA 19122

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For Sale
$1,350,000

Corner property with commercial spaces and renovated apartments near transit.

Property Features for 1200 N 5Th St

General Information

Standard status
Active

Building Details

Year built
1925

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Listing Contact
Nadia Bilynsky
Nadia Bilynsky
Source: Exitrealty

Listing Agency: MPN Realty, Inc. Listing Agent: Nadia Bilynsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Investment Property on Girard

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.
Location Intelligence

Current Use by Public Records

Nationwide Insurance: Lennon ... Insurance Agency

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.152733
Latitude
39.933254

FAQs

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 N 5Th St 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: - 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.
More about this property
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