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Corner Mixed-Use Retail and Garage
For Sale
$1,675,000

330 Girard Avenue, Philadelphia, PA 19125

Corner property package with retail/office space, a bi-level 2–3 bedroom apartment, and an auto-repair garage.

Property Size5,709 SF
Price / SF$293.40
Days on Market112

Property Features for 330 Girard Avenue

General Information

Standard status Active
Size 5,709 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $10,665

Amenities

Window Air Conditioning, Wall Air Conditioning
3
CMX2
Parking. Corner Lot.
Lot, On Street.
Corner.

Building Details

Year Built 1915
Listing Agency: Leibovitz Real Estate, LLC
Listed By: Wayne Leibovitz · License #RM424488
Source: Xome
Added: Apr 20 Changed: Aug 8 Last Checked: Aug 8 at 3:56AM

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 Leibovitz Real Estate, LLC

Investment Insights

Based on property information with market context.

This for-sale package includes three adjacent parcels: 330–32 E Girard Ave, 334–36–38 E Girard Ave, and 1132–34 E Columbia Ave. The offering features a retail store/office with a bi-level apartment described as 2–3 bedrooms, along with a parking lot and a one-story commercial garage currently used for auto-repair. The total lot is approximately 5,400+/- square feet, with the Girard Ave building at approximately 3,165+/- square feet and the garage at approximately 2,624+/- square feet. A legal curb cut accommodates parking for 6 cars, and all three properties will be vacant unless the new owner negotiates a new lease with the present auto-repair garage tenant.

Located on the corner with extensive frontage exposure, the parcels provide approximately 70 feet on Girard Ave and approximately 75 feet on Columbia Ave, with wide sidewalks. The property is steps from Penn Treaty Park and offers easy access to I-95, Center City, and public transportation, including the historic Trolley Car Route #15 with a stop in front of the properties. The Girard Ave properties are located within the Fishtown Area Business Improvement District.

Key Highlights

  • Corner property package in Fishtown within original Fishtown boundaries with 3 adjacent parcels included
  • Total lot size 5,400 +/- SF with 70 feet frontage on Girard Ave and 75 feet on Columbia Ave
  • Retail store/office with a bi‑level 2–3 bedroom apartment; Building size: 3,165 +/- SF for 330‑32 E Girard Ave

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,128
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.49%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,502,560 $1.5M
Cap Rate 7%
$1,073,257 $1.1M
Cap Rate 9%
$834,756 $834.8K
Market Conditions
NOI Build-Up for 5,709 SF 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.
Gross rent
$125.4K $21.96/SF
− Vacancy
−$25.2K −$4.41/SF
EGI
$100.2K $17.55/SF
− OpEx
−$25.0K −$4.39/SF
NOI
$75.1K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,502,560
Cap Rate 7%
$1,073,257
Cap Rate 9%
$834,756

Alternative Uses

Best Use
Office B
$1.07M
$939.1K – $1.25M (±1% cap)
NOI $75,128 @ 7.0% cap · market cap 4.49%
Second Best
Mixed Use
$968.9K
$847.8K – $1.13M (±1% cap)
NOI $67,823 @ 7.0% cap · market cap 4.05%
Theoretical Best
Multifamily LT 5
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,423 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

CENTURY 21 Leibovitz Real Estate Agency Leibovitz Realtors Accounting Firm John Szymanski Real Estate Agency Wayne Leibovitz, Leibovitz ... Real Estate Agency

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.

Location Intelligence

Trade Area within ½ mile

2,995
Businesses Nearby

Demographics for 19125, PA

25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value

Market

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Corner property package with retail/office space, a bi-level 2–3 bedroom apartment, and an auto-repair garage.
Where is this live-work space located?
The property is located at 330 Girard Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Corner property package in Fishtown within original Fishtown boundaries with 3 adjacent parcels included; Total lot size 5,400 +/- SF with 70 feet frontage on Girard Ave and 75 feet on Columbia Ave; Retail store/office with a bi‑level 2–3 bedroom apartment; Building size: 3,165 +/- SF for 330‑32 E Girard Ave
More about this property
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