Mixed-Use Building with
New
For Sale
$900,000
1334 W GIRARD AVENUE, Philadelphia, PA 19123
A ground-floor nail salon operates alongside four one-bedroom apartments on the upper floors.
Property Size3,100 SF
Price / SF$290.32
Days on Market5
Property Features for 1334 W GIRARD AVENUE
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Commercial
Additional Details
Gross Income
$75,600
Highway Access
Yes
Building Details
Year Built
1920
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Panphil Realty, LLC
(215) 332-3089
Listed By:
Meng Z Wu · License #RS365029
(215) 715-3711
Source:
Cummingsrealtors
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:30AM
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 Panphil Realty, LLC
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Investment Insights
Based on property information with market context.
This 3,100-square-foot mixed-use property combines a ground-level nail salon with four apartments arranged across the second and third floors. Each apartment has one bedroom and one bathroom. Interior features include hardwood flooring and granite countertops, and coin-operated laundry equipment is located on the third floor. The property has been renovated.
The Broad Street Line and I-95 are nearby, and a grocery store is within walking distance. The commercial space is leased on a triple-net basis.
The Broad Street Line and I-95 are nearby, and a grocery store is within walking distance. The commercial space is leased on a triple-net basis.
Key Highlights
- 3,100‑square‑foot mixed‑use property with ground‑floor nail salon
- Four one‑bedroom, one‑bathroom apartments on the second and third floors
- Commercial space leased on a triple‑net basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,901
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,020
$1.1M
Cap Rate 7%
$755,729
$755.7K
Cap Rate 9%
$587,789
$587.8K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$80.0K $25.80/SF
− Vacancy
−$4.4K −$1.42/SF
EGI
$75.6K $24.38/SF
− OpEx
−$22.7K −$7.31/SF
NOI
$52.9K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,020
Cap Rate 7%
$755,729
Cap Rate 9%
$587,789
Alternative Uses
Best Use
Multifamily LT 5
$755.7K
$661.3K – $881.7K
NOI $52,901 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$696.6K
$609.5K – $812.7K
NOI $48,761 @ 7.0% cap · market cap 5.42%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,508
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor nail salon operates alongside four one-bedroom apartments on the upper floors.
Where is this mixed-use property located?
The property is located at 1334 W GIRARD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3,100‑square‑foot mixed‑use property with ground‑floor nail salon; Four one‑bedroom, one‑bathroom apartments on the second and third floors; Commercial space leased on a triple‑net basis
