Mixed-Use Corner
2801 W Girard Avenue Philadelphia, PA 19130
2801 W Girard Avenue, Philadelphia, PA, 19130
$775,000
For Sale
$775,000
Six-unit mixed-use building with two ground-floor commercial spaces and four large residential units above.
Property Size5,774 SF
Lot Size0.05 Acres
Price / SF$134.22
Days on Market208
Property Features for 2801 W Girard Avenue
General Information
- Standard status
- Active
- Size
- 5,774 SF
- Lot size
- 0.05 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1915
Listing agency
KW Empower
(215) 714-9539
Listed by
James Roche · License #RS332204
(215) 714-9539
Source
Xome
Added: Dec 26, 2025 Updated: Jul 20 at 8:45PM Checked: Jul 21 at 2:57AM
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 KW Empower
Investment Insights
Based on property information with market context.
This mixed-use corner property includes two ground-floor commercial spaces with four oversized residential units above, for a total of six units. The building is largely vacant, with the exception of an established first-floor restaurant currently paying $2,700 per month. The residential unit configuration is four large one-bedroom apartments, and the layouts are described as easily convertible into two-bedroom units to increase rental revenue potential.
The property sits on a corner along Girard Avenue within Brewerytown’s active commercial corridor. It is zoned CMX-2.5, and the tenant and amenities mentioned in the remarks include nearby daily-use retail such as Aldi, Spot Gourmet Burgers, Rybrew, Le Cat Cafe, and Brewerytown Bakery. Access to Center City and Fairmount is noted in the remarks.
The property sits on a corner along Girard Avenue within Brewerytown’s active commercial corridor. It is zoned CMX-2.5, and the tenant and amenities mentioned in the remarks include nearby daily-use retail such as Aldi, Spot Gourmet Burgers, Rybrew, Le Cat Cafe, and Brewerytown Bakery. Access to Center City and Fairmount is noted in the remarks.
Key Highlights
- 6‑unit mixed‑use corner building with 2 ground‑floor commercial spaces and 4 residential units above
- Zoned CMX‑2.5 (CMX25) with a 20 x 100 corner lot
- Established first‑floor restaurant tenant paying $2,700 per month
Local Financial Insights For Mixed Use
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 | $124.7k | $21.60 |
| − Vacancy | −$15.0k | −$2.59 |
| EGI | $109.8k | $19.01 |
| − OpEx | −$41.2k | −$7.13 |
| NOI | $68.6k | $11.88 |
5,774 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Apartment 5plus
$1.30M
$1.14M – $1.51M
NOI $90,822 @ 7.0% cap · market cap 11.72%
Second Best
Specialty Retail
$1.20M
$1.05M – $1.39M
NOI $83,665 @ 7.0% cap · market cap 10.80%
Theoretical Best
Multifamily LT 5
$1.41M
$1.23M – $1.64M
NOI $98,533 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Philly Sunnyside Diner
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Six-unit mixed-use building with two ground-floor commercial spaces and four large residential units above.
Where is this mixed-use property located?
The property is located at 2801 W Girard Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 6‑unit mixed‑use corner building with 2 ground‑floor commercial spaces and 4 residential units above; Zoned CMX‑2.5 (CMX25) with a 20 x 100 corner lot; Established first‑floor restaurant tenant paying $2,700 per month
