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Bi-Level Storefront Property

329 W GIRARD AVENUE, Philadelphia, PA 19123

For Sale
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Ground-floor commercial space with salon improvements and a prominent street-facing display window.

Property Size1,642 SF
Price / SF$1.75
Days on Market96

Property Features for 329 W GIRARD AVENUE

General Information

Standard status Active
Size 1,642 SF
Property subtype Commercial

Site & Location

Neighborhood North Philadelphia
Highway Access Yes

Building Details

Year Built 1875
Construction brick
Listing Agency: Emmanuel Realty
Listed By: Thomas Varughese · License PA RS196342L
Source: Cummingsrealtors
Added: Aug 9 Changed: Nov 10 Last Checked: Nov 12 at 7:20AM

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 Emmanuel Realty

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Investment Insights

Based on property information with market context.

This bi-level storefront property at 329 W Girard Avenue includes 1,642 square feet of commercial space in a ground-floor configuration. The existing salon buildout features an open interior, hardwood flooring, decorative wall treatments, track and recessed lighting, a dedicated shampoo area with multiple bowls, and built-in cabinetry. The layout provides separation between customer-facing areas and lower-level functions such as storage, inventory, staff space, or private work areas. A brick facade and large front window create a visible street presence.

The property is positioned along Girard Avenue near Northern Liberties and Fishtown, with surrounding restaurants, boutique retailers, residential development, and established local businesses. Nearby public transportation and connections to I-95 and I-676 provide access to Center City and the broader area. Capital improvements include a new sewer line, basement waterproofing with sump pump, and updated rubber roofing. The space may accommodate retail, service, studio, showroom, or office-forward uses subject to approvals.

Key Highlights

  • 1,642 SF bi‑level commercial storefront at 329 W Girard Avenue
  • Existing hair salon buildout with shampoo area, multiple bowls, and built‑in cabinetry
  • Brick facade and large front window provide a prominent street‑facing presence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,558
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,160 $371.2K
Cap Rate 7%
$265,114 $265.1K
Cap Rate 9%
$206,200 $206.2K
Market Conditions
NOI Build-Up for 1,642 SF
Gross rent
$29.6K $18.00/SF
− Vacancy
−$3.0K −$1.85/SF
EGI
$26.5K $16.15/SF
− OpEx
−$8.0K −$4.84/SF
NOI
$18.6K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,160
Cap Rate 7%
$265,114
Cap Rate 9%
$206,200

Alternative Uses

Best Use
Retail
$265.1K
$232.0K – $309.3K (±1% cap)
NOI $18,558 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$400.3K
$350.3K – $467.0K (±1% cap)
NOI $28,021 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Atlantes Home Health ... Home Health Care Service All Things Beauty ... Nail Salon Posh Hair Boutique Hair Salon

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Auto Parts Store Clothing & Fashion Store Nursing Home Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,995
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 19% Groceries 12% Electronics 5%
McDonald's Dining
23,463 visits/mo 0.3 miles
Fine Wine & Good Spirits Groceries
6,966 visits/mo 0.5 miles
Wells Fargo Shops & Services
5,966 visits/mo 0.2 miles
Jeni's Splendid Ice Creams Dining
5,149 visits/mo 0.3 miles
Carvana Shops & Services
3,310 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Storefront properties in Philadelphia, PA

$210 Jul
$176 Aug
$174 Sep
$173 Oct

Properties on Market for Storefront properties in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Similar Off Market Nearby

  • Flowers Etcetera By Denise — 637 N 2nd St, Philadelphia, PA 19123
  • Pearl — W Laurel St, Philadelphia, PA 19123
  • CBD FLOWER SHOP — 167 W Girard Ave, Philadelphia, PA 19123
  • Amor Creations Philadelphia PA — 205 W Girard Ave #1F, Philadelphia, PA 19123
  • Flore Gallery — 1434 Germantown Ave, Philadelphia, PA 19122

Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor commercial space with salon improvements and a prominent street-facing display window.
Where is this storefront property located?
The property is located at 329 W GIRARD AVENUE Philadelphia, PA.
What are key features of this property?
This property features: 1,642 SF bi‑level commercial storefront at 329 W Girard Avenue; Existing hair salon buildout with shampoo area, multiple bowls, and built‑in cabinetry; Brick facade and large front window provide a prominent street‑facing presence
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