Northern Liberties Mixed-Use
For Sale
$800,000
410-12 W GIRARD AVENUE, Philadelphia, PA 19123
Three-story, 4,860 SF building in Northern Liberties for sale.
Property Size4,860 SF
Lot Size0.04 Acres
Price / SF$164.61
Days on Market744
Property Features for 410-12 W GIRARD AVENUE
General Information
Standard status
Active
Size
4,860 SF
Lot size
0.04 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$4,535
Building Details
Year Built
1936
Listing Agency:
Delphi Property Group, LLC
Listed By:
Jamie B Weiner · License #RM422933
(215) 627-7300
Source:
Exitrealty
Added: Sep 24, 2024
Changed: Aug 9
Last Checked: Aug 9 at 8:10PM
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 Delphi Property Group, LLC
Investment Insights
Based on property information with market context.
Located in the Northern Liberties neighborhood, this three-story building at 410 & 412 W Girard Avenue, Philadelphia, PA 19123-1412, presents an investment opportunity. Constructed in 1920, the 4,860 square foot property currently operates as a music venue and bar. The second and third floors, previously configured as residential units, are in a partially demolished state. Please note that the liquor license is not included in the sale but is available for purchase separately for $250,000.
Key Highlights
- Prime investment opportunity in the Northern Liberties neighborhood.
- Substantial 4,860 square foot, three‑story building.
- Currently utilized as a music venue and bar.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,421
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,420
$1.4M
Cap Rate 7%
$1,006,014
$1.0M
Cap Rate 9%
$782,456
$782.5K
Market Conditions
NOI Build-Up for 4,860 SF
Gross rent
$102.1K $21.00/SF
− Vacancy
−$8.2K −$1.68/SF
EGI
$93.9K $19.32/SF
− OpEx
−$23.5K −$4.83/SF
NOI
$70.4K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,420
Cap Rate 7%
$1,006,014
Cap Rate 9%
$782,456
Alternative Uses
Best Use
Specialty Retail
$1.01M
$880.3K – $1.17M
NOI $70,421 @ 7.0% cap · market cap 8.80%
Second Best
Mixed Use
$824.8K
$721.7K – $962.3K
NOI $57,737 @ 7.0% cap · market cap 7.22%
Theoretical Best
Multifamily LT 5
$1.18M
$1.04M – $1.38M
NOI $82,935 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,393
Businesses Nearby
87k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 31%
Groceries 8%
Home Improvements & Furnishings 5%
McDonald's
Dining
23,463 visits/mo
0.4 miles
Dunkin' Donuts
Dining
14,354 visits/mo
0.5 miles
Sunoco
Shops & Services
9,869 visits/mo
0.2 miles
Fine Wine & Good Spirits
Groceries
6,966 visits/mo
0.2 miles
Wells Fargo
Shops & Services
5,966 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Three-story, 4,860 SF building in Northern Liberties for sale.
Where is this bar & pub located?
The property is located at 410-12 W GIRARD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime investment opportunity in the Northern Liberties neighborhood.; Substantial **4,860 square foot, three‑story building.**; Currently utilized as a music venue and bar.
