Three-Unit Mixed-Use
For Sale
Contact for pricing
2731 West Girard Avenue, Philadelphia, PA 19130
CMX-2.5-zoned building combines two residential apartments with a first-floor commercial space.
Property Size2,673 SF
Price / SF$187.06
Days on Market52
Property Features for 2731 West Girard Avenue
General Information
Standard status
Active
Size
2,673 SF
Property subtype
Retail, Multifamily, Mixed Use
Zoning
CMX-2.5
Building Details
Year Built
1915
Buildings
1
Stories
3
Units
3
Listing Agency:
National Realty Commercial
Listed By:
Billy Creagh · License #PA ABR002759
(267) 439-6926
Source:
Crexi
Added: Aug 29
Changed: Oct 8
Last Checked: Oct 19 at 6:49AM
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 National Realty Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit mixed-use property includes two residential apartments and a commercial space on the first floor. Each apartment has two bedrooms; the third-floor unit is renovated, while the second-floor unit is unrenovated. All three units are leased month-to-month, providing a mix of residential and commercial occupancy within the building.
The property contains approximately 2,673 SF on a 1,489 SF lot, with approximately 18' of frontage along West Girard Avenue. Built in 1915, the building is zoned CMX-2.5, supporting a range of residential and commercial uses. The address is in Philadelphia's Brewerytown area.
The property contains approximately 2,673 SF on a 1,489 SF lot, with approximately 18' of frontage along West Girard Avenue. Built in 1915, the building is zoned CMX-2.5, supporting a range of residential and commercial uses. The address is in Philadelphia's Brewerytown area.
Key Highlights
- Three‑unit mixed‑use building with two 2‑bedroom apartments and a first‑floor commercial space
- Approximately 2,673 SF building on a 1,489 SF lot
- Approximately 18' of frontage along West Girard Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,614
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$912,280
$912.3K
Cap Rate 7%
$651,629
$651.6K
Cap Rate 9%
$506,822
$506.8K
Market Conditions
NOI Build-Up for 2,673 SF
Gross rent
$69.0K $25.80/SF
− Vacancy
−$3.8K −$1.42/SF
EGI
$65.2K $24.38/SF
− OpEx
−$19.5K −$7.31/SF
NOI
$45.6K $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%
$912,280
Cap Rate 7%
$651,629
Cap Rate 9%
$506,822
Alternative Uses
Best Use
Multifamily LT 5
$651.6K
$570.2K – $760.2K
NOI $45,614 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$600.6K
$525.6K – $700.8K
NOI $42,045 @ 7.0% cap · market cap 8.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,534
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Check the figures for this property
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 - CMX-2.5-zoned building combines two residential apartments with a first-floor commercial space.
Where is this mixed-use property located?
The property is located at 2731 West Girard Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Three‑unit mixed‑use building with two 2‑bedroom apartments and a first‑floor commercial space; Approximately 2,673 SF building on a 1,489 SF lot; Approximately 18' of frontage along West Girard Avenue
