Corner Mixed-Use Daycare
237 E Girard Ave Philadelphia, PA 19125
For Sale
$540,000
Pending
Two-level corner building currently operating as a daycare with open first-floor space and residential-style living upstairs.
Property Size2,161 SF
Days on Market323
Property Features for 237 E Girard Ave
General Information
- Standard status
- Pending
- Size
- 2,161 SF
Listing Agency:
Honest Real Estate
(267) 304-4341
Listed By:
Kathryn Mercedes Blaney Brown
(267) 304-4341
Source:
Exprealty
Added: Sep 5, 2025
Changed: Jul 22
Last Checked: Jul 23 at 5:28PM
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 Honest Real Estate
Investment Insights
Based on property information with market context.
This two-level corner mixed-use building is currently operating as a daycare center. The first floor features a wide-open layout with a bathroom and kitchen positioned toward the back of the space. Upstairs, the property includes two bedrooms, a full bath, a full-size kitchen, and a spacious living area, creating a layout that can support a variety of configurations.
Located in the heart of Fishtown, the property offers adaptable indoor space for both commercial and residential-style uses. Buyers are responsible for verifying zoning and permitted uses.
With its distinct floor-by-floor arrangement, the building provides clear separation between the open first-floor daycare setup and the full living area above, giving new owners flexibility to refine the space to their needs.
Located in the heart of Fishtown, the property offers adaptable indoor space for both commercial and residential-style uses. Buyers are responsible for verifying zoning and permitted uses.
With its distinct floor-by-floor arrangement, the building provides clear separation between the open first-floor daycare setup and the full living area above, giving new owners flexibility to refine the space to their needs.
Key Highlights
- 2,161 SF corner mixed‑use building in Fishtown
- Currently operating as a two‑level daycare center
- First floor offers a wide‑open layout plus a bathroom and kitchen at the back
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 | $47.5k | $21.96 |
| − Vacancy | −$9.5k | −$4.41 |
| EGI | $37.9k | $17.55 |
| − OpEx | −$9.5k | −$4.39 |
| NOI | $28.4k | $13.16 |
2,161 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$406.3K
$355.5K – $474.0K
NOI $28,438 @ 7.0% cap · market cap 5.27%
Second Best
Mixed Use
$366.8K
$320.9K – $427.9K
NOI $25,673 @ 7.0% cap · market cap 4.75%
Theoretical Best
Multifamily LT 5
$526.8K
$461.0K – $614.6K
NOI $36,877 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kiddie Garden
Daycare Center
Katsapis Woodworks & Construction
General Contractor
Similar Off Market Nearby
- Argo's Childcare — 460 N 2nd St, Philadelphia, PA 19123
- Akwd Inc — 726 N 3rd St, Philadelphia, PA 19123
- Montessori school — 2nd and, Brown St, Philadelphia, PA 19123
- Creative Coloring Box LLC — 632 N 2nd St, Philadelphia, PA 19123
- Early Literacy Academy at Fairmount — 215 Fairmount Ave, Philadelphia, PA 19123
FAQs
What type of property is this?
Day care center - Two-level corner building currently operating as a daycare with open first-floor space and residential-style living upstairs.
Where is this day care center located?
The property is located at 237 E Girard Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 2,161 SF corner mixed‑use building in Fishtown; Currently operating as a two‑level daycare center; First floor offers a wide‑open layout plus a bathroom and kitchen at the back
