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Mixed-Use Restaurant Building

152 W GIRARD Avenue Philadelphia, PA 19123

New
152 W GIRARD Avenue, Philadelphia, PA, 19123
$449,000
For Sale
Claim this Listing
$449,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,246 SF
Lot Size0.01 Acres
Price / SF$360.35
AddedJul 12
Days on Market4
Last RefreshJul 15 at 1:06 pm

Property Features for 152 W GIRARD Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
1,246 SF
Lot size
0.01 Acres

Taxes and HOA fees

Tax Annual Amount
3038

Utilities

Heating system
Electric (Heating), Baseboard
Cooling system
Ceiling Fan(s), Window Unit(s)

Building Details

Year built
1920
Number of units
2
Building materials
Masonry
Architectural style
Other

Listing agent Aleksandar Peev License #RS250391

Listing office American Vista Real Estate 11907 Bustleton Avenue, Philadelphia, PA

Listing date Jul 12, 2026

MLS# PAPH2646988 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use building features a full commercial restaurant storefront on the first floor. The space was previously used as a steak and sandwich shop and most recently as a Mexican grill. The second floor includes a kitchen with granite countertops, a full bathroom, a living room, and closet area. The third floor offers a large bedroom with vaulted ceilings and a custom closet, plus a rooftop deck that overlooks the downtown Philadelphia skyline. The property also requires some cosmetic work.

The building is located at 152 W Girard Avenue in Philadelphia, PA 19123. Public remarks cite strong foot and car traffic in Northern Liberties.

The layout supports either combining restaurant operations with on-site living or using the upper-level apartment as rental income or business-related space, depending on how the buyer intends to operate.

Key Highlights

  • Mixed‑use building with a full commercial restaurant storefront on the first floor
  • First‑floor tenant history includes a steak and sandwich shop and most recently a Mexican grill
  • Second floor features a 1‑bedroom apartment with a kitchen (granite countertops), full bathroom, living room, and closet area

Local Financial Insights For Apartment 5plus

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 $37.8k $30.36
− Vacancy −$2.2k −$1.76
EGI $35.6k $28.60
− OpEx −$16.0k −$12.87
NOI $19.6k $15.73
1,246 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$280.0K
$245.0K – $326.7K (±1% cap)
NOI $19,599 @ 7.0% cap · market cap 4.37%
Second Best
Specialty Retail
$257.9K
$225.7K – $300.9K (±1% cap)
NOI $18,055 @ 7.0% cap · market cap 4.02%
Theoretical Best
Multifamily LT 5
$303.8K
$265.8K – $354.4K (±1% cap)
NOI $21,263 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Pancho's Cafe Restaurant

Suggested Use

Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Mobile Phone Store Plumbing Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

FAQs

What type of property is this?
Conventional restaurant - Restaurant storefront on the first floor with two residential levels above, including a rooftop deck.
Where is this conventional restaurant located?
The property is located at 152 W GIRARD Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Mixed‑use building with a full commercial restaurant storefront on the first floor; First‑floor tenant history includes a steak and sandwich shop and most recently a Mexican grill; Second floor features a 1‑bedroom apartment with a kitchen (granite countertops), full bathroom, living room, and closet area
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